SBI Holdings IncorporatedSBI Holdings invested in NOT A HOTEL's Series D round, gaining equity stake.
NOT A HOTEL announced on the 6th that it has completed transactions totaling 16.5 billion yen in its Series D round. It raised 10 billion yen through a third-party allotment of new shares, with Toyota Invention Partners, SBI Holdings, SBI Investment, Sequoia, and TT Lion Partners as the subscribers. A 6.5 billion yen share transfer from existing shareholders to the subscribers was also executed. The company will promote a new business called NOT A GARAGE centered on a capital partnership with Toyota Invention Partners, while the SBI Group will consider offering partnership loans for buyers through SBI Shinsei Bank.
SBI Holdings IncorporatedSBI Holdings invested in NOT A HOTEL's Series D round, gaining equity stake.
SBI Shinsei Bank, LimitedSBI Shinsei Bank will consider offering partnership loans for NOT A HOTEL buyers, potentially increasing loan demand.
NOT A HOTEL raised 16.5 billion yen in Series D funding, boosting its capital.
SBI Investment subscribed to new shares in NOT A HOTEL's Series D round.
Toyota Invention Partners invested in NOT A HOTEL's Series D round, gaining equity stake.