AAA Corporates feed Okan with extra funding

Corporates feed Okan with extra funding

Japan-based office food delivery service Okan has raised an undisclosed amount of funding from four corporate investors, Tech in Asia reported on Thursday.

The round was funded by YJ Capital, the investment subsidiary of Yahoo Japan, as well as SMBC Venture Capital, the venture capital arm of Sumitomo Mitsui Banking Corporation, Mizuho Capital, which performs the same purpose for Mizuho Bank, and CA Mobile, a mobile-focused subsidiary of internet company CyberAgent.

Okan is based in Tokyo and provides an on-demand deli food subscription service called Office Okan for corporate customers. The company plans to use the funding to develop more business-to-employee solutions.

The startup previously raised seed funding in June 2014 from internet company CyberAgent’s corporate venturing unit, CyberAgent Ventures, and food delivery service Oisix.

Okan CEO Keita Sawaki, said: “We believe that our service can be a ‘de facto standard’ for companies to improve their work environment and support employees’ lives.”

– Photo courtsey of Okan

Leave a comment

Your email address will not be published. Required fields are marked *