Conversion Technology, Inc. announced that it has received ¥50 million in funding from Evolable Asia Corp., aStart Co., Ltd., Allied Architects, Inc., Aucfan Co., Ltd., Vector Inc.
December 27, 2017
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Conversion Technology, Inc. announced a private placement of JPY 50,000,000 on December 28, 2017. The transaction involved participation from Allied Architects, Inc. (TSE:6081), Evolable Asia Corp. (TSE:6191), aStart Co., Ltd., Aucfan Co., Ltd. (TSE:3674), Vector Inc. (TSE:6058).
AirTrip Corp is a Japan-based company engaged in the online travel business, information technology (IT) offshore development business and investment business. The Company has three business segments. The Online Travel segment is engaged in the Internet sale of domestic air tickets and other travel products through operating travel products direct sale websites, providing travel contents under the brands of affiliated companies, and centralized management of procedures and arrangements related to business travel. The Company is also engaged in the Japan travel business such as camper cars rental and currency exchange business for foreign visitors. The IT Offshore Development segment is engaged in the provision of lab type system development services and business process outsourcing (BPO) services. The Investment segment is engaged in the investment business in growth and revitalization companies. The Company is also engaged in the advertising business.
Conversion Technology, Inc. announced that it has received ¥50 million in funding from Evolable Asia Corp., aStart Co., Ltd., Allied Architects, Inc., Aucfan Co., Ltd., Vector Inc.