BTA2022 Excellence Award Winner iiba Corporation Raises Funds

- The following is content from the press release -

(Shibuya-ku, Tokyo / CEO: Nana Aizawa), the Japanese subsidiary of Antler K.K. (Head office: Minato-ku, Tokyo; CEO: Ryo Umezawa), a global venture capital firm specializing in early-stage companies, has raised a third-party allocation of shares through Antler Japan Fund ("Antler Japan"), Antler Japan Fund ("Antler Japan"), the Japanese subsidiary of Antler K.K. (headquartered in Minato-ku, Tokyo; Ryo Umezawa, CEO), a global venture capital firm specializing in early-stage companies, has issued new shares through a third-party allotment to further develop the business, strengthen the organizational structure, and improve product UIUX in preparation for its official launch in October 2023.

About iiba

Anytime, anyone, anywhere.

Build a new child-rearing infrastructure to create a society in which it is easy to raise children.

With the shift to nuclear families and the increase in dual-earner households, the burden on households raising children has increased dramatically.

iiba is a token economy company that uses the token economy to create a society in which parents, supporters, government, and businesses can optimize their efforts to raise children while also realizing profits.

Purpose of the Fund Procurement

In order to solve the problem of time-consuming search for a place to go with children and the next destination, last year iiba developed and tested a test version of the application with the Nocode development tool Adalo, and then migrated the development platform to improve the UI/UX and enhance the functions of the entire service. With the official launch scheduled for October 2023, we will further develop our business, strengthen our organizational structure, and improve the UIUX of our products.

Investor (Ryo Umezawa, Representative Director, Antler K.K.)

Antler is one of the world's largest global venture capital firms specializing in early-stage startups. I was very attracted to iiba's concept of "a map app for finding good places to go with kids" and the fact that each member of the team is working together to promote the business. I am looking forward to the release of the app in October.

CEO Aizawa is an energetic entrepreneur with a hungry spirit who not only holds weekly mentoring catch-up sessions, but also frequently communicates with us through messages, phone calls, and face-to-face meetings at the office whenever an idea comes to his mind. I am happy to be able to work with him as he struggles uncompromisingly to solve the challenges he feels. I am looking forward to working together with him to make iiba grow as a company that can expand its business from Japan to the world by utilizing my experience in many media businesses.

Representative (Nana Aizawa, President of iiba Inc.

iiba is a service that I launched to solve a problem that I myself experienced while raising my own children. I am very happy to say that after 10 weeks of participation in the Antler Cohort Program, I have achieved both goals. We are especially grateful to Mr. Umezawa, who is also an entrepreneur himself, for his advice, and we are confident that he will continue to support us in the future. Iiba will be officially launched in October. We hope you will continue to support Iiba as it moves forward to a new stage.