Peptister Co., Ltd. announced that it will receive an equity round of funding for gross proceeds of ¥20 billion on April 18, 2018. The transaction will include participation from new investors Nissan Chemical Industries, Ltd. (TSE:4021) for ¥900,000,000, Innovation Network Corporation of Japan for ¥750,000,000, Otsuka Chemical Co., Ltd., Kishida Chemical Co.,Ltd., Takenaka Corporation, Chiyoda Corporation, Nagase & Co., Ltd. (TSE:8012), Nakamura Choukou Co., Ltd. (TSE:6166), Hamari Chemicals, Ltd., Microwave Chemical Co.,Ltd., Mitsubishi Corporation (TSE:8058), Mizuho Capital Co. Ltd., Mizuho Securities Principal Investment Co., Ltd., SMBC Venture Capital Co., Ltd., WATANABE CHEMICAL INDUSTRIES,LTD., and existing investors Shionogi & Co., Ltd. (TSE:4507), Sekisui Chemical Co., Ltd. (TSE:4204), PeptiDream Inc. (TSE:4587).

The investors will become major investors upon completion of the transaction. The transaction will take place through third party allotment. PeptiDream Inc. (TSE:4587) will hold 17.3% stake in the company.