News

JIC Venture Growth Investments (VGI) has acquired the shares in Unilabo, Inc. (Unilabo) through its JIC Venture Growth Fund 1 (VGF1).

Unilabo was established in 2012 as one of the largest start-ups providing services of electronic commerce between companies. Unilabo has been providing a diverse range of platforms including a wide variety of services, and thus it has been leading digital transformations in electronic commerce between companies.

The significance of this investment is to support Unilabo's business to expand and scale up and to promote electronic commerce between companies. VGI aims to improve transparency and productivity of the service industry, by which everyone can enjoy the environment of leading the active and enjoyable life.

Unilabo will accelerate its growth for increasing enterprise value by this funding, and VGI will continue to provide Unilabo with hands on support for value up, so that it will become a leading company of electronic commerce between companies.

^{This information contained in this notice is current at the time of publication and subject to change without notice.}