Japanese startup A Cabin Company said it has secured funding from Seveno Capital, while IQ-EQ announced the acquisition of AMAL Group.
Japan’s A Cabin Company raises pre-seed funding
Japanese wellness startup A Cabin Company has announced raising an undisclosed amount in its pre-seed funding round anchored by venture capital investor Seveno Capital.
A Cabin Company will use the funding to speed up its nationwide expansion across Japan, strengthen partnerships with local landowners, and integrate wellness technologies into its cabin offerings.
The firm is also eyeing international growth, aiming to export its “nature-as-infrastructure” concept to densely populated cities such as Seoul and New York.
Unlike traditional hospitality developments, which often require years of permitting, land acquisition, and construction, A Cabin Company offers a radically different model: boutique-level mobile cabins that are legally classified as vehicles and not real estate.
“We call ourselves a wellness startup, as our mission is to create a place for reconnecting with nature and people, through memberships/subscriptions like how gym memberships incorporated fitness in people’s everyday lives,” Mori Nishimura, the founder & CEO of A Cabin Company, told DealStreetAsia.
IQ-EQ acquires AMAL Group to foray into ANZ
Global investor services group IQ-EQ has marked its entry into the Australia-New Zealand (ANZ) market following its acquisition of AMAL Group, a provider of corporate trust, agency services, and loan servicing solutions.
Financial details of the acquisition were not disclosed. IQ-EQ said the deal aligns with its strategy to strengthen its global corporate trust and loan servicing operations and expand into significant new markets.
AMAL Group will be rebranded to IQ-EQ, following regulatory approval, resulting in a global team that will total 6,000 with an operational presence across 27 jurisdictions globally, per the announcement.
