UTAITE Co., Ltd. announced that it has received approximately ¥470 million in a round of funding led by new investor, Z Venture Capital Co., Ltd. on October 20, 2023. The transaction included participation from new investors, UNITED, Inc., XTech Ventures Co., Ltd., DIMENSION Co., Ltd., W Fund, MIXI, Inc., Investment Arm, Tycoon Capital along with multiple other investors. The company has raised approximately ¥600 million in funding till date.