Ascend, a Tokyo, Japan-based company that provides a transportation management platform, has raised ¥1.1 billion in Series B funding, bringing its total funding to approximately ¥1.8 billion.
Investors
The round was led by Globis Capital Partners, with participation from Value Chain Innovation Fund, LTS Co., Mercuria Supply Chain Investment, Mitsubishi UFJ Capital, Hokkoku Bank, and existing investors including Globis Fund VII and Samurai Growth Fund.
GLOBIS Capital Partners (GCP) is a pioneering, full-scale venture capital firm based in Tokyo, Japan, founded in 1996. Managing over ¥180 billion, it invests in early to growth-stage companies. Beyond providing capital, GCP leverages its extensive network and management expertise through the broader GLOBIS Group ecosystem to actively support its portfolio companies spanning technology, consumer, and frontier sectors.
Ascend Use of Funds
The company plans to use the funds to expand its engineering team, strengthen service implementation and customer support, develop new services, and build a data-driven logistics infrastructure connecting transportation companies, shippers, and partners.
About Ascend
Led by President and CEO Mizuki Kusaka, Ascend Inc. is a company dedicated to transforming the logistics industry through digital innovation. Their core offering is the SaaS-based Logix system, a transportation management platform designed to digitize the entire operation of a shipping company. It centralizes all transportation operations, including ordering, dispatching, billing, labor, and vehicle management. Founded in March 2020, Ascend’s mission is to uncover the true value of logistics and support all industries.
Funding Details
Company: Ascend, Inc.
Raised: ¥1.1B
Round: Series B
Funding Date: November 2025
Lead Investor: Globis Capital Partners
Additional Investors: Value Chain Innovation Fund, LTS Co., Mercuria Supply Chain Investment, Mitsubishi UFJ Capital, Hokkoku Bank, Globis Fund VII, Samurai Growth Fund
Company Website: https://www.ascendlogi.co.jp/
Software Category: Logistics / Transportation Management SaaS
Source: https://prtimes.jp/main/html/rd/p/000000083.000071415.html