Japan-based fashion subscription service AirCloset has raised just under ¥1bn ($8.5m) in a round backed by several corporate investors, The Bridge has reported.
Saison Ventures, the corporate venturing subsidiary of payment services firm Credit Saison, cleaning and laundry services provider Nakazono Holdings, storage services company Terrada Warehouse and investment firm Jafco were the investors in the round.
Launched in pre-registration in October 2014 and fully in February 2015, AirCloset provides a fashion rental service for a female membership base that currently numbers more than 70,000, up from 65,000 in October 2015.
The company plans to synergise parts of its business with some of its new investors, in particular Nakazono for servicing customers and Terrada for logistics.