HEARTBEATS raises about ¥2.3bn Series C
The July and August equity placements will fund product development, partnerships and team growth.
HEARTBEATS announced approximately ¥2.3 billion in Series C financing on September 11, following third-party equity placements completed in July and August. Artemis Ventures led the round.
The company will expand ORICAL, develop new products and businesses, add sports partnerships and strengthen operating and engineering teams. HEARTBEATS reports 26 partners, including ten professional baseball teams, as of September.
Use of funds
Expand ORICAL’s functionality and develop new products and businesses
Build new sports partnerships and digital-goods capabilities
Strengthen operating and engineering teams