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Ocean, operator of tax refund platform, secures Series A investment from ONE-JAPAN Tourism Fund to expand tax-free shopping services for international visitors to Japan.

PRIVATESep 15, 2026•about 2 hours ago

Round Type

Series A

Information TechnologyArtificial IntelligenceSecurityCyber SecurityNetwork SecurityEmail

Investors

Japan Asia InvestmentZuu FundersH.I.S.One Japan Tourism Fund Investment Limited Partnership

Description

ONE-JAPAN Tourism Fund Investment Limited Partnership, jointly established by H.I.S., ZUU Funders, and Japan Asia Investment, has invested in Ocean as its first investment in a Series A round. Ocean operates the refund-based tax-free shopping platform "Ocean Tax Refund," enabling international visitors to Japan to apply online for tax refunds via their smartphones after purchasing tax-free eligible products. The service supports multiple languages and more than 30 currencies, with no installation fees for participating merchants. The investment recognizes Ocean's ability to redesign the refund process as a starting point for attracting future customers and enhancing visitor experience.

Company Information

Company

Ocean

About

Ocean is an AI-based email security platform founded by former members of the IDF Intelligence Corps. The company aims to tackle email-based phishing attacks through advanced AI-driven solutions. It has quickly generated significant revenues and currently protects enterprise environments for major global organizations. Ocean Security leverages its founders' defense-sector experience to innovate in the cybersecurity space.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Ocean raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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