Dentsu Innovation Partners, Japan Post Capital, FFG Venture Business Partners, Serverworks, Shimane Central Shinkin Bank and Skylight Consulting all took part in a $39.8m round for the digital product developer.

Japan-based digital consulting agency Monstar Lab raised ¥4.2bn ($39.8m) of equity and debt financing on Friday from investors including corporates Dentsu, Japan Post, Serverworks and Skylight Consulting.

Financial services firms Shimane Central Shinkin Bank and Fukuoka Financial Group also contributed to the round, the latter through its FFG Venture Business Partners subsidiary, as did investment group Alpha Al Imteyaz.

Cloud integration software provider Serverworks and management consulting firm Skylight Consulting took part in the round directly. Dentsu Innovation Partners’ Dentsu…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.