Fermelanta, Inc. - Fundraising
Leading Japanese law firm Nishimura & Asahi advised Fermelanta, Inc., Japan based synthetic biology startup engaged in the production of plant-derived components using E.coli, on its JPY 200 million (approx. USD 1.3 million) fundraising through third-party allotment to investors, Beyond Next Ventures Inc., Angel Bridge Co., Ltd., Plug and Play Japan K.K .
The Nishimura & Asahi team advising Fermelanta was led by firm partner Yasunari Sugiyama and supported by Naoki Tsujimoto.
Yasunari Sugiyama is a partner in the firm's Asset Finance Group and Agri-Food Practice Group. In the finance area, his major and unique areas include financing of movables (lease, installment purchase and secured loan), supports for overseas expansion by financial institutions, acquisition finance and domestic and cross-border real estate transactions. In particular, he has extensive experience in proposing and implementing business plans and schemes available for each target jurisdiction taking into consideration the specific civil and commercial laws and financial regulations regarding the movables and real estates in Asian, European and North and South American countries and their entity-based and geographical applicability and coverage in terms of the overseas expansion of Japanese financial institutions. Further, in the agri-food area, he aims to provide legal services for the purposes of the introduction of smart agriculture, business expansion and diversification of financing sources, development and scaling of new business such as solar-sharing and onland aquaculture business, in each case while organizing the various laws and regulations applicable to each process of value chains of the agricultural, forestry and fishery business.