Aderans, DCM Holdings, Dentsu, Hakuhodo, Nippon TV, Nihon Kolmar, Settsu Warehouse, Shima Seiki, Yakuodo and Yodobashi Camera all backed the limestone-based material maker’s $19.7m round.

Japan-based plastic and paper substitute developer TBM received ¥2.06bn ($19.7m) in funding yesterday from a range of corporate investors.

Hair restoration and transplantation service group Aderans, home renovation product maker DCM Holdings, marketing agency Dentsu and cosmetics original design manufacturer Nihon Kolmar were among the participants in the round.

The round included textile machinery producer Shima Seiki, logistics firm Settsu Warehouse, drugstore operator Yakuodo, electronics product vendor Yodobashi Camera and Spotlight, a joint venture for broadcaster Nippon TV and marketing…

Edison Fu

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