Baseconnect Inc. announced that it has received ¥1.8 billion in a round of funding led by existing investor YJ Capital Inc. on February 4, 2020. The transaction included participation from existing investors East Ventures Co., Ltd., Mizuho Capital Co., Ltd., Uzabase, Inc. (TSE:3966), Canal Venture Co., Ltd., Kyogin Lease & Capital Co., Ltd., new investors JAFCO Co., Ltd. (TSE:8595), Orient Corporation (TSE:8585) and Kyoshin Innovation C Fund. The funding is raised through third party allotment.