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Fogg, operator of online lottery platform "RAFFLE," raises approximately 300 million JPY in Series B 1st round, bringing total funding to approximately 600 million JPY

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Fogg Inc., which operates the online lottery platform "RAFFLE" and the online original official merchandise sales service "Jump LAB," has raised approximately 300 million JPY in its Series B 1st round through a third-party allotment and debt financing. The total cumulative funding through Series A and B has reached approximately 600 million JPY. The company will focus on marketing for its online original official merchandise business and optimizing operations through AI and tech utilization, aiming for a future IPO.

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