Japanese Social Marketplace FlutterScape Raises USD750K In Second Seed Funding


FlutterScape, a social marketplace specializing in introducing “Japan-only” or “Japan-made” products for online shoppers outside the country, recently fundraised JPY60M (approx. USD750K) in their second seed-round from three VC firms, which are Japan Venture Capital (NVCC)[J], ngi group and Innovation Engine. In their first seed round, the company fundraised JPY25M (approx. USD310K) from Digital Garage, NetPrice.com and Aucfan[J] last August.
The service has engaged more than 1,500 buyers and 7,000 sellers since its launch in January 2010, and has more than 230,000 fans on Facebook as of this writing.  Takehiro Kakiyama, the CEO of FlutterScape, expects to enhance the service and allow users to share a list of their favorite products with navigation links to a shopping cart, which will be available very soon.
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