SBI Investment, Sumitomo Mitsui Trust Investment and Shinsei Corporate Investment chipped in to help take the funeral services provider's total funding to nearly $31m.
Japan-based funeral services platform developer Yoriso received ¥2bn ($18.8m) in funding from investors including financial services firms SBI, Sumitomo Mitsui Trust, Shinsei Bank and Nanto Bank on Monday.
Venture capital firms Yamaguchi Capital and AG Capital also took part in the round, while SBI, Sumitomo Mitsui and Shinsei invested through subsidiaries SBI Investment, Sumitomo Mitsui Trust Investment and Shinsei Corporate Investment respectively.
Founded in 2009 as Minrevi, Yoriso runs an online platform that enables users to book funeral services from…