News

2024/03/27

TYPICA Raises 1.55 Billion Yen Through Third-Party Allotment

TYPICA Holdings inc., a global venture company pursuing the sustainability of high-quality coffee (Representative Directors: Masashi Goto, Ayane Yamada, and Shintaro Asako), has successfully raised a total of 1.55 billion yen through a third-party allotment.

This funding round saw participation from existing shareholders such as WiL, Delight Ventures, and Scrum Ventures. We also welcomed new investments from venture capital firms and enterprises, including Energy and Environment Investment, The Dai-ichi Life Insurance Company, FFG Venture Business Partners, Shizuoka Capital, The Tokushima Taisho Bank, Three Nine Shimano, and HFS. The decision to accept these new investments was driven by a focus on impact investing and the enhancement of our debt financing capabilities.

With this latest funding, TYPICA’s total equity financing now stands at approximately 3.05 billion yen. The shareholders are as listed below.

Venture capital firms and financial institutionsDelight Ventures, WiL, Energy and Environment Investment, ABC DREAM VENTURES, Scrum Ventures, SMBC Venture Capital, The Dai-ichi Life Insurance Company, FFG Venture Business Partners, Heart Driven Fund, Shizuoka Capital, The Tokushima Taisho Bank, Mizuho Capital, Mitsubishi UFJ Capital (Listed in order of shares held)
Individual investors and enterprisesKazuhiro Shimano, Tanut Nature Lab, AKURAM, Three Nine Shimano, HFS, and other individual investors (Listed in order of investment announcement)

We are set to use the newly secured funds to bolster the development of our new online platform, “New model,” scheduled for launch in June 2024, and to strengthen our investment in global talent acquisition.

Our “New model” will introduce an array of enhanced services for roasters, such as improved quality control and assurance, revamped warehouse storage and delivery capabilities, exclusive transaction agreements, and the visualization of carbon footprints (both greenhouse gas emissions and absorption). In addition, our updated online platform will launch innovative features aimed at fundamentally reforming the traditionally volatile coffee trading market, often swayed by futures prices. We anticipate that these advancements will attract more mid-sized to large roasters, beverage manufacturers, and trading companies, leading to increased platform usage.

In our talent acquisition efforts, we aim to strengthen our leadership by appointing a new Executive Officer to lead operations in 71 countries worldwide. In preparation for a NASDAQ listing, we’re also seeking to bolster our corporate division with professionals to be in charge of accounting, human resources, and general affairs. Additionally, we plan to expand our team of coffee experts to spearhead the development and marketing of our “New Model.”

   

TYPICA Overview:
TYPICA, a global startup from Japan, is on a mission to revolutionize the coffee industry through private initiatives. With the goal of creating a new international coffee market, we aim to promote direct trade to enhance the sustainability of delicious coffee. We’ve made it possible for green coffee to be traded in quantities as small as a single jute bag, moving away from the traditional reliance on container-sized transactions. Our platform systemizes and simplifies the often-complicated procedures of importing and exporting. As a result, small to medium-sized producers and roasters can now engage in direct trade, eliminating the need for special licenses, extensive expertise, or prior experience.

As of March 2024, our five operating bases around the world serve users in 71 countries, with successful transactions already realized between producers and roasters in 55 of those. Based on user data, the potential trade value through our platform has reached approximately 350 billion yen, or 17.5% of the global green coffee market. With a Compound Annual Growth Rate (CAGR) of 268% over the last four years, we already boast the world’s most diverse coffee lineup.

Our business model is designed to foster economic growth and generate social impact at the same time. Through simultaneous digital, green, and sustainability transformations in the coffee supply chain, we aim to grow our platform into a global coffee market trading 400 billion yen in coffee by 2030. Along with these efforts, we strive to increase the income of 200,000 small and medium-sized coffee producers, protect their human rights, and address environmental issues.

Since our founding, we have set our operations on the global stage, aiming for a NASDAQ listing with a market capitalization of over 100 billion yen. By orienting our products, business model, and market strategy on an international scale, our goal has been to maximize our social impact worldwide. Furthermore, we strive to be a role model for Japanese startups, inspiring them to transcend domestic limits and explore their potential further beyond. We aspire to lead the way towards a future where Japan is known for its globally-renowned startups.

Establishment: August 2020
Representatives: Masashi Goto, Chief Executive Officer / Ayane Yamada, Chief Quality Officer / Shintaro Asako, Chief Financial Officer
Headquarters: Minamisemba 4-12-8, Kansai Shinsaibashi Building 8th Floor, Chuo Ward, Osaka, Japan
Branches:
– Akasaka 2-22-21 Class Act Bldg. B1F, Minato Ward, Tokyo, Japan
– Eerste Jan van der Heijdenstraat 165HS, 1072TS Amsterdam, the Netherlands
– 180 Front Street #19C Brooklyn NY 11201
– B1, 43, Jahamun-ro 7-gil, Jongno-gu, Seoul, Republic of Korea
– No. 150, Section 2, Nanjing East Road, Zhongshan District, Taipei, Taiwan
Capital stock: 3,059,602,207 Japanese yen (Legal capital surplus included)
Website: https://global.typica.jp/
Careers: https://global.typica.jp/recruit/
Contact: https://global.typica.jp/contact/