Japan’s B2B ordering and supply platform CADDi raises $73 Million Series B

by Kay Aloha Villamor in August 24th, 2021

CADDi, a Tokyo-based B2B ordering and supply platform in the manufacturing and procurement industry. The company announced this morning a $73 Million Series B round co-led by Globis Capital Partners and World Innovation Lab (WIL).

 With participation from existing investors DCM and Global Brain. Six new investors also have joined the round including Arena Holdings, DST Global, Minerva Growth Partners, Tybourne Capital Management, JAFCO Group, and SBI Investment.

The funding proceeds will be used for accelerating the digital transformation of the platform, hiring, and expanding to global markets.

Company: CADDi

Raised: $73.0M

Round: Series B

Funding Month: August 2021

Lead Investors: Globis Capital Partners and World Innovation Lab (WIL)

Additional Investors: DCM, Global Brain, Arena Holdings, DST Global, Minerva Growth Partners, Tybourne Capital Management, JAFCO Group, and SBI Investment

Company Website: https://corp.caddi.jp/

Software Category: B2B ordering and supply platform 

About the Company: CADDi’s ordering platform, backed by its unique technology including automatic cost calculation system, optimal ordering, and production management system, and drawing management system, offers a 10%-15% cost reduction, stable capacity, and balanced order placement to its more than 600 Japanese supply partners spanning a multitude of industries.

Source: https://techcrunch.com/2021/08/23/japans-b2b-ordering-and-supply-platform-caddi-raises-73-million-series-b-funding/


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