AnyMind Group raises $29.4Mn funding

AnyMind Group raised $29.4 million in its Series D funding round from new investors including JIC Venture Growth Investments, Japan Post Investment Corporation, Nomura SPARX Investment, and PROTO Ventures Inc.

The funds will be used to strengthen the company’s move in the commerce enablement space and for future acquisitions both in Japan and internationally. In addition, the funds will also be used to enhance existing platforms and strengthen market share across the company’s operating regions.

AnyMinds offers tools to businesses, publishers, and influencers like cloud manufacturing, marketing, logistics, creator monetisation, and so on. The company started operations in Singapore, later expanding into Southeast Asia, East Asia, India and the Middle East. In 2019, the company shifted its headquarters to Tokyo.

Kosuke Sogo, CEO of AnyMind, said, “We are seeing economies across Asia, including our operating markets of ASEAN and India, rapidly regaining the growth momentum. We will continue to grow our business at a pace that matches our ambitions, look towards expanding our capabilities through M&A, and strengthen our investment and profit structure for growth.”

The company has also secured a $7.2 million credit facility from a Japan-based corporate banking unit, Mizuho Bank, for future use. Till now, it has received a total funding of approximately $91.7 million. At present, AnyMind Group has operations out of 17 offices across 13 markets, with over 1,000 staff.