# GINKAN

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ginkan

- Industry: Internet
- Headquarters: Tokyo, Japan
- Website: www.ginkan.jp
- Total disclosed funding: $2.6M
- Latest round: Series A (Jun 2, 2020)
- Investors on record: 9

## About

Based in Japan, GINKAN, Inc. specializes in innovative blockchain technology solutions, focusing on applications that enhance the food industry through token economies and engaging user experiences.GINKAN, Inc. was founded in 2015 in Tokyo, Japan, and operates in the blockchain application sector. The company's founders include Hiroshi Mita and Shun Sato, with Tomochika Kamiya as the CEO. GINKAN has completed a total of 6 deals, with its most recent funding round occurring on April 14, 2022, where it raised JPY 50 million from coconala Skill Partners. The company has raised a total of JPY 50 million, valuing it at approximately JPY 1,906.235 mn.GINKAN, Inc. develops and operates blockchain-based applications that facilitate a new token economy in the food industry. Its main product is the Web3 wallet "SyFu," which incorporates GameFi features to enhance user engagement through token rewards linked to payment data. This platform allows users to convert their payment data into digital assets, fostering a decentralized incentive-based system. GINKAN targets consumers who want to enhance their dining experiences while providing restaurants with tools for customer engagement through tokenization and data-driven marketing strategies.GINKAN generates revenue primarily through its Web3 wallet, SyFu, by leveraging transaction fees and partnerships with food service providers. The operational model encompasses direct-to-consumer interactions and B2B partnerships, allowing consumers to earn tokens for transactions. Additionally, revenue is obtained from collaborations with financial institutions and tech providers, with service pricing tailored to client needs, ensuring a robust platform for both consumers and businesses.In April 2022, GINKAN, Inc. raised JPY 50 million in venture funding to strengthen its business structure. The company aims to enhance its product offerings and expand into international markets, specifically targeting regions where blockchain adoption in food services is growing. GINKAN plans to utilize its recent funding to support these initiatives, focusing on the development of new functionalities within the SyFu wallet to attract a broader user base.

## Funding rounds

- Series A, Jun 2, 2020, $2.6M — Sansei Capital Investment, Orient Corporation Co., Ltd., Mitsubishi UFJ Capital, Aucfan Co.,Ltd., giftee, Inc., MTG Ventures, DD Holdings Venture Capital, CERES INC., SLD Entertainment, Inc.

## Investors

- Sansei Capital Investment (https://capitalatlas.ai/funds/sansei-capital-investment) — Series A
- Orient Corporation Co., Ltd. — Series A
- Mitsubishi UFJ Capital (https://capitalatlas.ai/funds/mitsubishi-ufj-capital) — Series A
- Aucfan Co.,Ltd. — Series A
- giftee, Inc. — Series A
- MTG Ventures (https://capitalatlas.ai/funds/mtg-ventures) — Series A
- DD Holdings Venture Capital (https://capitalatlas.ai/funds/dd-holdings-venture-capital) — Series A
- CERES INC. — Series A
- SLD Entertainment, Inc. — Series A