We hereby announce that the company’s board of directors and Global Brain Corporation resolved today for Global Brain Corporation to subscribe to a new share issuance through a third-party allocation of 400M JPY as the lead investor by its subsidiary, GB-V Growth Fund Investment Limited Partnership. The company’s total new shares through third-party allocation are 750M JPY.
Founded in 2013, the company created Rinkak, allowing individual or enterprise digital creators to fabricate through its global 3D printing network and sell products on its marketplace (www.rinkak.com/us/). This year, Kabuku co-develops 3D print customized vehicle parts with Toyota Motor Corporation at Open Road Project (www.rinkak.com/us/openroad?hl=en) and co-designs Loft Lab 3D Figurine Studio with The Loft Co., Ltd. (www.loft.co.jp/lp/21-3DStudio/). In addition, through launching Rinkak 3D Printing Manufacturing Management Service that covers all key features in one solution is dedicated to enable production efficiency for 3D printing factory (www.3dprinting-mms.com/en/).
The purpose of this increase in capital by Kabuku is to strengthen its organization structure, accelerate platform development in digital fabrication ecosystem for global market expansion.
About Our Investor
GB-V Growth Fund Investment Limited Partnership
General Partner: Global Brain Corporation
President: Yasuhiko Yurimoto (President of Global Brain Corporation)