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  "headline": "Monstarlab Raised A Total Funding of 4.2 Billion JPY",
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  "description": "Monstarlab Raised A Total Funding of 4.2 Billion JPY",
  "articleBody": "Tokyo, Japan – Aug 7, 2020 –&nbsp;Monstarlab, a digital development agency with a focus on cutting-edge IT engineering and design, has raised a total of approximately 4.2 billion JPY in their latest funding round ending July 2020, through the third-party allocation of new shares with underwriters such as Japan Post Capital Co.,Ltd., Dentsu Innovation Partners Inc. and a Saudi Arabian investor as well as other venture capital, operating companies, existing shareholders and financial institutions.&nbsp;Underwriters of this financingThe seven main inventors that underwrote the capital increase were as followsJapan Post Capital Co.,Ltd.,&nbsp;Dentsu Innovation Partners Inc.&nbsp;Alpha Al Imteyaz Co. Limited Liability CompanyServerworks Co., Ltd.FFG Venture Business Partners, Inc.Skylight Consulting Inc.&nbsp;Comment from Japan Post CapitalShimpei Higuchi, Managing Director of Japan Post Capital, said, “With the diversification of consumer behavior and the penetration of digital devices, the trend to realize digital transformation is in full swing, and digital transformation is becoming an inevitable need for all companies to respond to the new behaviors of the COVID-19 epidemic.&nbsp;With its strength in agile development capabilities and global network, Monstarlab’s ability to deliver value quickly and continuously makes it a leading player in the digital transformation era. I look forward to continued growth under the strong management team led by the CEO: Hiroki Inagawa.”&nbsp;Comment from Dentsu Innovation Partners in charge of managing Dentsu Digital Investment Limited PartnershipJunichiro Kubota, CEO of Dentsu Innovation Partners, said, “The Dentsu Group is feeling the growing demand of its clients for the digital transformation of their businesses. By combining the knowledge and expertise of Group companies such as Dentsu, Dentsu Digital and Dentsu Isobar with the planning, design and development capabilities of Monsterlab’s extensive experience, we will establish a competitive advantage and enhance our presence, mainly in the areas of application development and digital transformation.&nbsp;Comment from ServerworksRyo Ooishi, CEO of Serverworks, said, “In recent years, as the ICT environment has become increasingly diverse and complex, it has made it difficult for a single company to respond to customer needs by itself. We have already formed a business and capital alliance with Monstarlab, which has solid digital product development capabilities and a global footprint. We sincerely welcome this capital increase as it is expected to further accelerate the company’s business momentum. We aim to achieve sustainable growth with our customers by working together to support their diversifying needs and contribute to their digital transformation.”&nbsp;Comment from FFG Venture Business PartnersSatoru Fukuda, CEO of FFG Venture Business Partners, said, “We are very pleased to be a new investor in Monstarlab. Monstarlab, with high quality digital consulting capability using the most advanced technology, is the best partner for their clients’ digital transformation departments. We hope that this funding will further strengthen its position as the world’s leading global sourcing company.”&nbsp;Comment from Skylight ConsultingToshiki Habutsu, CEO of Skylight Consulting, said, “We have started a collaboration with Monstarlab by combining the strengths of both Monstarlab and Skylight Consulting. In the ’Enterprise digital transformation Implementation and Promotion’ space, we aim to propose and implement better digital transformation solutions for our clients. In the area of acceleration and growth support for start-ups, we are working to identify and support start-ups with ambitions for growth, including overseas expansion. We look forward to further collaboration and higher value in the future.”",
  "datePublished": "2020-08-06",
  "url": "https://monstar-lab.com/jp_en/news/monstarlab-raised-a-total-funding-of-4-2-billion-jpy",
  "image": "https://cdn.builder.io/api/v1/image/assets%2Ffb3ccc876dd442c6ae31d776377e35db%2Fcbf32b6fcad44080abba9bc8edf3175a"
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August 7, 2020

Monstarlab Raised A Total Funding of 4.2 Billion JPY

Tokyo, Japan – Aug 7, 2020 – Monstarlab, a digital development agency with a focus on cutting-edge IT engineering and design, has raised a total of approximately 4.2 billion JPY in their latest funding round ending July 2020, through the third-party allocation of new shares with underwriters such as Japan Post Capital Co.,Ltd., Dentsu Innovation Partners Inc. and a Saudi Arabian investor as well as other venture capital, operating companies, existing shareholders and financial institutions.

Underwriters of this financing

The seven main inventors that underwrote the capital increase were as follows

Japan Post Capital Co.,Ltd.,
Dentsu Innovation Partners Inc.
Alpha Al Imteyaz Co. Limited Liability Company
Serverworks Co., Ltd.
FFG Venture Business Partners, Inc.
Skylight Consulting Inc.

Comment from Japan Post Capital

Shimpei Higuchi, Managing Director of Japan Post Capital, said, “With the diversification of consumer behavior and the penetration of digital devices, the trend to realize digital transformation is in full swing, and digital transformation is becoming an inevitable need for all companies to respond to the new behaviors of the COVID-19 epidemic. With its strength in agile development capabilities and global network, Monstarlab’s ability to deliver value quickly and continuously makes it a leading player in the digital transformation era. I look forward to continued growth under the strong management team led by the CEO: Hiroki Inagawa.”

Comment from Dentsu Innovation Partners in charge of managing Dentsu Digital Investment Limited Partnership

Junichiro Kubota, CEO of Dentsu Innovation Partners, said, “The Dentsu Group is feeling the growing demand of its clients for the digital transformation of their businesses. By combining the knowledge and expertise of Group companies such as Dentsu, Dentsu Digital and Dentsu Isobar with the planning, design and development capabilities of Monsterlab’s extensive experience, we will establish a competitive advantage and enhance our presence, mainly in the areas of application development and digital transformation.

Comment from Serverworks

Ryo Ooishi, CEO of Serverworks, said, “In recent years, as the ICT environment has become increasingly diverse and complex, it has made it difficult for a single company to respond to customer needs by itself. We have already formed a business and capital alliance with Monstarlab, which has solid digital product development capabilities and a global footprint. We sincerely welcome this capital increase as it is expected to further accelerate the company’s business momentum. We aim to achieve sustainable growth with our customers by working together to support their diversifying needs and contribute to their digital transformation.”

Comment from FFG Venture Business Partners

Satoru Fukuda, CEO of FFG Venture Business Partners, said, “We are very pleased to be a new investor in Monstarlab. Monstarlab, with high quality digital consulting capability using the most advanced technology, is the best partner for their clients’ digital transformation departments. We hope that this funding will further strengthen its position as the world’s leading global sourcing company.”

Comment from Skylight Consulting

Toshiki Habutsu, CEO of Skylight Consulting, said, “We have started a collaboration with Monstarlab by combining the strengths of both Monstarlab and Skylight Consulting. In the ’Enterprise digital transformation Implementation and Promotion’ space, we aim to propose and implement better digital transformation solutions for our clients. In the area of acceleration and growth support for start-ups, we are working to identify and support start-ups with ambitions for growth, including overseas expansion. We look forward to further collaboration and higher value in the future.”

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