AAA Vasily snaps up Itochu trade

Vasily snaps up Itochu trade

Itochu Technology Ventures, the corporate venturing unit of the eponymous Japan-based trading company, has invested in Vasily, which operates the Iqon fashion picture company.

Venture capital firms Globis Capital Partners and GMO Venture Partners invested alongside Itochu in Vasily’s Y300m ($3.2m) series B round.

Vasily’s A round raised Y140m in May 2011, according to news provider Tech In Asia.

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