monicle inc. announced that it has raised ¥1,300 million in a round of funding led by returning investor, JAFCO Group Co., Ltd. on September 6, 2023. The company issued equity and debt in the transaction. The equity transaction included participation from new investors, The Chugoku Electric Power Co., Inc., Lotte Ventures Japan Co., Ltd., returning investor, Mizuho Capital Co., Ltd. The debt financing included participation from new lenders, Mizuho Bank, Ltd., Investment Arm, The Shoko Chukin Bank,Ltd., Investment arm, Resona Bank, Limited, Investment arm and The Shizuoka Bank, Ltd., Financial Service Arm.

The company issued capital increase through third party allocation method.