Sony Innovation Fund was among the strategic investors that backed the equity portion of the round, secured alongside more than $27m in debt.
WealthNavi, the Japan-based developer of a digital asset management platform, raised approximately $41m in debt and equity financing yesterday from investors including electronics producer Sony’s Innovation Fund, The Bridge reported.
SMBC Venture Capital, Mizuho Capital and DBJ Capital, respective subsidiaries of Sumitomo Mitsui Banking Corporation (SMBC), Mizuho Bank and Development Bank of Japan, also took part in the ¥1.5bn ($13.7m) equity portion of the round.
Global Brain and Mirai Creation Fund, which is backed by SMBC and carmaker Toyota, filled…
