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Mobility startup Tsuyo Manufacturing raises $4.5 million in a funding round led by Avaana Capital to expand its manufacturing facility and R&D efforts.
Amount Raised
$4.5 Million
Round Type
Seed
Investors
Description
Mobility startup Tsuyo Manufacturing has raised $4.5 million in a funding round led by early-stage investment firm Avaana Capital. The company plans to use the funds to build a new manufacturing facility and establish a research and development centre. Additionally, they aim to expand their export operations and partnerships in Southeast Asia, Japan, Korea, and Europe. Founded in 2020, Tsuyo specializes in systems that power electric vehicles and has seen significant revenue growth over the last five years.
Fundz sees it the moment Tsuyo Manufacturing raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Tsuyo Manufacturing 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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