SUSHITOPMARKETING has successfully completed its Series A funding round, welcoming new shareholders including Canal Ventures and Mitsubishi UFJ Capital!
August 8, 2024 - We are pleased to announce that we have completed our Series A funding round, which included additional investment from our existing investors, two funds, as well as new investments from Canal Ventures, Mitsubishi UFJ Capital, and Dentsu Ventures SGP Fund (*). In this round, Spiral Capital once again served as the lead investor, as they did in the previous round. The funds raised will be utilized for technology development, talent acquisition, and strengthening our marketing activities both domestically and internationally.
*In the previous round, we received investment from the Dentsu Group, but this time, we have secured new investment from the Dentsu Ventures SGP Fund.
Comments from Investors
Spiral Capital (Lead Investor)
Spiral Capital Co., Ltd. - General Partner Takashi Chiba
Senior Associate Keigo Agata
We are extremely pleased to make an additional investment as the lead investor in SUSHI TOP MARKETING, which has steadily built a solid track record since our previous funding round. In a time when the utility and use cases of NFTs are gaining increased attention, we are confident that the Token Graph Marketing proposed by SUSHI TOP MARKETING will become a widely adopted solution as a new marketing method and communication tool with customers. Spiral will continue to fully support the company's mission of "creating a culture of Token Graph Marketing" and achieving mass adoption of Web3 technology.
Canal Ventures (New Investor)
Canal Ventures Co., Ltd. - Associate Tatsuya Toda
I am excited to join in this venture, driven by a strong sense of shared vision in creating new communication through Token Graph Marketing utilizing NFTs! When I first heard from Mr. Tokunaga about the idea of encouraging behavioral change through the gifting of NFTs, I felt a strong desire to commit to this cultural creation myself. With the slogan "NFT: If you're doing something, go with SUSHI TOP!", I am eager to take on the challenge of creating new value and culture alongside Mr. Tokunaga and everyone at SUSHI TOP MARKETING!
Mitsubishi UFJ Capital (New Investor)
Mitsubishi UFJ Capital Co., Ltd. - Deputy General Manager, Investment Division 2, Kento Konishi
Mitsubishi UFJ Capital is pleased to invest in SUSHI TOP MARKETING. They are developing services that bring NFTs closer to everyone and provide a new method of marketing support using NFTs, as well as a system for distributing NFTs, managing content, and managing customer relationships for companies. We see great potential in their approach and have invested in them. We expect the fusion of SUSHI TOP MARKETING's technological capabilities with NFTs to further develop the market. We will fully utilize MUFG's resources to support them.
Dentsu Ventures SGP Fund (New Investor)
Dentsu Group Inc. - Dentsu Innovation Initiative / Dentsu Ventures, Yutaka Tsubota
In the previous round, Dentsu Group invested through our R&D division, and we have since collaborated on numerous projects and service line developments. In this round, we have invested from the 'SGP Fund,' managed by our startup growth and Dentsu Ventures teams, focusing on business growth support. Aiming for the full-scale social implementation of marketing utilizing NFTs and on-chain technologies, we plan to accelerate our collaboration with SUSHI TOP MARKETING by leveraging the capabilities of the entire Dentsu Group.
MIRAISE (Existing Investor)
Managing Partner & CEO Shinichi Iwata
Token Graph Marketing, as proposed by SUSHI TOP MARKETING, is a groundbreaking method that allows companies and users to communicate with a narrative through NFT distribution. Since our investment in the previous seed round, they have successfully appealed to many companies, using their solution to enhance engagement with existing users and create touchpoints with new ones while ensuring privacy. We look forward to seeing how Mr. Tokunaga's innovative proposals, combined with the company's technological capabilities, will further expand the applicability and range of Token Graph Marketing.
Comments from Daisuke Tokunaga, CEO
SUSHI TOP MARKETING Co., Ltd CEO Daisuke Tokunaga
Since our founding, we have led the industry as a pioneer in NFT marketing, supporting the introduction of NFT marketing in various industries such as railways, retail, telecommunications, and banking. In 2021, there were hardly any companies using NFTs for marketing. However, over the past three years, major telecom operators have announced cryptocurrency wallets, and financial institutions have released digital securities, reflecting the growing trend across various industries. Token Graph Marketing has a high affinity with Japan's strengths in IPs like anime and manga, and since blockchain operates across borders, it has the potential to become a new industry that enhances Japan's global competitiveness. With the support of the investors joining us in this round, we aim to establish NFT marketing as a new category of digital marketing that can succeed globally.