Ocean Raises ¥500M Series A

Ocean, a Tokyo-based startup operating a next-generation tax refund platform, has raised approximately ¥500 million in its Series A funding round, following the completion of its second closing. The funding strengthening the company’s capacity to support retailers nationwide ahead of Japan’s revised tax exemption system.

Investors

The second closing was completed through a third-party allotment of new shares, with participation from KURONEKO Innovation Fund No. 2, managed by Global Brain Corporation with Yamato Holdings as its limited partner, and Shizuoka Capital Co., Ltd., an investment subsidiary of Shizuoka Financial Group. Including the first closing announced in September 2026, Ocean has secured approximately ¥500 million in total Series A funding.

Ocean Use of Funds

Ocean intends to use the capital to strengthen its support systems and product offerings for member stores nationwide. Additionally, the funds will facilitate collaboration with logistics and financial partners to expand support for inbound tourism demand in both urban and rural regions.

About Ocean

Founded in 2024 by Ryo Hoshino, Ocean is dedicated to making the shopping experience in Japan more accessible and enjoyable for international visitors. Their platform provides digital solutions for retailers to handle tax-exempt sales and purchase data, aiming to bridge the gap between local shops and the global tourism market.

Funding Details

Company Website: https://ocean.inc

Company: Ocean Co., Ltd.
Raised: ¥500M
Round: Series A
Funding Date: October 2026
Additional Investors: KURONEKO Innovation Fund No. 2, Shizuoka Capital Co., Ltd.
Company Website: https://www.ocean.inc
Software Category: FinTech
Source: https://prtimes.jp/main/html/rd/p/000000045.000172396.html