Fukushima SiC Applied Engineering Inc. - Series C fundraising

Leading Japanese law firm Nishimura & Asahi advised Fukushima SiC Applied Engineering Inc. (“Fukushima SiC”), a Japanese start-up manufacturer of silicon carbide semiconductor devices, on its JPY 3.1 billion (approx. USD 30 million) Series C fundraising through third-party allotment of shares to investors including C:iz Investment LLP, Japan Post Investment Corporation, Astellas Venture Management LLC, SMBC Venture Capital Co., Ltd., and Fiducia Co., Ltd. 

The Nishimura & Asahi team advising Fukushima SiC was led by partner Atsushi Mizushima, supported by associate Satoshi Ban.