<article><a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Eight+Roads+Ventures+Japan">Eight Roads Ventures Japan</a> has led a 2.45 billion-yen ($21.5 million) funding round in Tokyo-based livestream startup <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Candee">Candee</a>. </article>

<a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Eight+Roads+Ventures+Japan">Eight Roads Ventures Japan</a> has led a 2.45 billion-yen ($21.5 million) funding round in Tokyo-based livestream startup <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Candee">Candee</a>. 
The round was joined by <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=NTT+Docomo+Ventures">NTT Docomo Ventures</a>, Opt Ventures, <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Gree+Ventures">GREE Ventures</a>, Daiichi Shokai, Mizuho Capital and YJ Capital.
Candee had earlier secured $8.5 million from GREE Ventures in December 2016.
The startup offers media and advertising, video production and talent management services. In June, it launched a social live streaming e-commerce store called Live Shop! catering to female teenagers. The company plans to use the latest funding to increase Live Shop! content, enhance sales and marketing efforts, and expand its team.
Candee’s chief executive Kazuki Kogishi told local media that it has partnered with NTT Docomo to start a trial of sports livecasting on its platform.
Along with the investment, Masatoshi Fukasawa, principal of Eight Roads, was appointed to Candee’s board of directors.
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Eight Roads Ventures Japan has led a 2.45 billion-yen ($21.5 million) funding round in Tokyo-based livestream startup Candee.

Eight Roads Ventures leads $21.5m funding in Japanese startup Candee

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Eight Roads Ventures leads $21.5m funding in Japanese startup Candee

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