We Raised funds through J-KISS type stock acquisition rights

Moving on to the next step: new factory construction and expanding overseas

We are pleased to announce that we have raised funds by issuing J-KISS type stock acquisition rights for the second time with HAKOBUNE Inc. an independent VC, and TPR CO.,LTD. (TSE Prime 6463) as the underwriters.

With our mission of "ZERO to FOOD", we have created a system to produce food in any environment, from growing grains in plant factories to processing plant-based foods.

With this financing, we intend to promptly establish our own factory and expand our sales overseas.

We will continue to contribute to the development of food industry by utilizing the technology and knowledge that Japan has accumulated in the agri-tech and food-tech fields. We look forward to your continued support and guidance for dishwill Co., Ltd.

New Challenges in plant factories

Although the technology already exists, soybean production in fully-controlled plant factory is still not yet widely practiced due to the cost problem which comes from the large amount of use of electricity.

We developed a method to control the production costs at low level that we can expand the production to any part of the world.

Since we vertically integrate the process from grain production to processing the final products, we do not incur the logistics costs between plants that are usually assumed, nor the intermediate profit margin that occur in a vertically divided industry structure.

In addition, we have signed a technical cooperation agreement with TPR CO.,LTD.  to explore the possibilities of plant factories, and will start a new attempt to apply Japan's proud manufacturing technology of the automobile industry to agri-tech as well.

Comments from HAKOBUNE Inc.

We are glad to make an additional investment in dishwill Co., Ltd. following the previous seed round. We always get amazed by their technique that makes possible to produce wide range of products. We hope that they will have an overwhelming presence on a global scale in the future.

Comments from TPR CO.,LTD. 

In order to deal with the protein crisis coming in the future, stable supply of grain is urgently needed. We got to establish a connection with them, at the very timing when we were exploring new potential market.

Their plant-based food technology is highly advanced and environmentally friendly. We agreed with their idea of vertical integration from plant factories to food tech, and concluded a investment and a technical cooperation agreement with them.

We will cooperate with them to create new technologies for the stable supply of "delicious" plant-based foods that are not affected by abnormal weather conditions or droughts caused by global warming.

Comments from Akio Nakamura, the CEO of dishwill Co., Ltd. 

We will work diligently to meet the expectations of the people at HAKOBUNE, who not only believed in our fledgling company and invested in us, but also made an decision to make a follow-on investment on with us in a short period of time.

It is a great honor to be able to work with TPR CO.,LTD.　who found us when we were still a little known company and, after discussion, chose us as their new business partner, to create technology that will last into the future.

We believe that Japan is a world leader in the field of food production in terms of quality and technique, and we would like to enhance our presence in the world while taking advantage of the agility as a startup company in order to play a leading role in the cutting-edge areas of agri-tech and food-tech.