FUNDINNO's Support Leads to Japan's First IPO from J-Ships Program

FUNDINNO Achieves a Historic Milestone with Innovacel's IPO

In a significant development for the Japanese financial landscape, FUNDINNO, headquartered in Minato, Tokyo, has successfully facilitated the IPO approval of Innovacel Corporation. This marks a historic milestone as it is the first company to receive listing approval through the Japanese investor program known as J-Ships. Innovacel's listing on the Tokyo Stock Exchange Growth Market has been approved in just 14 months after utilizing FUNDINNO's specialized fundraising support initiative, "FUNDINNO PLUS+".

Innovacel's Journey to IPO

Innovacel, led by its co-CEOs Colin Lee Novick and Jason David Sieger, has demonstrated remarkable growth and potential in its field. In December 2024, the company successfully raised approximately 1.06 billion yen within just one month by leveraging the unique features of the "FUNDINNO PLUS+" program, which allows private investors including angel investors and corporate entities to fund promising startups. This achievement sets a precedent in the realm of venture capital and IPOs in Japan, highlighting how innovative fundraising mechanisms can directly correlate with a company's growth trajectory and ultimate public offering.

The Significance of This IPO

The approval of Innovacel's IPO not only signifies the company's robust growth but also serves as a vital case study for the potential of using "FUNDINNO PLUS+" as an effective tool for startups looking for rapid expansion and transition to public markets. This case demonstrates how critical funding sources can help emerging companies secure their path towards crucial exit strategies such as IPOs.

As a company, FUNDINNO operates with the mission of enabling fair challenges to create a sustainable future. By providing essential funding support and shareholder management solutions through its SaaS platform, it is dedicated to expanding the overall market value of emerging companies. Innovacel's remarkable journey to public listing showcases the viability of start-up funding mechanisms in reaching significant corporate milestones.

About FUNDINNO

Founded on November 26, 2015, FUNDINNO has emerged as a game changer in the Japanese market, integrating a unique platform that allows individuals to access unlisted share markets easily. This initiative is crucial for the expansion of risk money supply, which is paramount for the growth of next-generation industries.

Important Information

The company's registered office is located at 29-11, Shiba 5-chome, Minato, Tokyo, with the total capital and reserve amounting to approximately 9.98 billion yen as of October 31, 2025. As a licensed first-class financial instruments business operator (Kanto Finance Bureau Director (Kinsho) No. 2957), FUNDINNO is a member of the Japan Securities Dealers Association.

For detailed risks and fee information concerning their services, interested parties are encouraged to consult the "Important Disclosure Statement" available on their official website at FUNDINNO.

Note: This announcement serves solely to present the company's services and achievements to the public and is not intended as a solicitation for investment.