Itochu, KDDI and SBI Holdings have all invested in the cross-border mobile commerce platform to increase its total funding to $109m.

Japan-based cross-border e-commerce platform operator Inagora raised $68m in series D funding from trading group Itochu, telecommunications company KDDI and financial services provider SBI Holdings on Wednesday.

Founded in 2014, Inagora runs an online and mobile platform that sells Japanese-produced goods to a mainly Chinese customer base. The series D capital will support the expansion of its logistics capabilities as it prepares to strengthen its offering in Southeast Asia.

The expansion plans, which will focus on Malaysia, Singapore, Hong Kong…