Japanese fish delivery startup Hachimenroppi secures $4.5 million funding



Tokyo-based startup Hachimenroppi, which operates a fish delivery service for restaurants, announced today that it has fundraised about 450 million yen (or $4.4 million) from Recruit Holdings, YJ Capital, DeNA co-founder Shogo Kawada, DeNA (TSE:2432), and Monex Ventures.[1] This follows their previous funding worth $1.5 million in October.

Since its launch in April 2011, the company has acquired over 1,000 restaurants as users. The company will use the funds to strengthen their teams in sales and system development as well as expanding logistics facilities.

Coinciding with the funds raised at this time, Hachimenroppi also announced that they have partnered with Recruit Lifestyle, the Internet service-focused company under Recruit Holdings. Through the partnership, the fish delivery company will integrate their solution with Recruit’s tablet-based POS (point of sales) system AirRegi, where more than 20,000 restaurants using the POS system will have easy access to the startup’s fish ordering system.

  1. YJ Capital is the investment arm of Yahoo Japan (TSE:4689). Monex Ventures is the investment arm of Japanese online brokerage company Monex Group (TSE:8698).