# BALLAS

> Tokyo construction supply-chain platform linking bespoke material procurement, project coordination and AI automation; disclosed a Series B extension November 10, 2026.

## Why it is interesting

The November Series B headline is a combined-to-date equity-plus-debt total, not a new financing of that size. Comparing the company's April and November releases gives about €2.26M newly issued equity and €3.38M extra debt, using the Nov 10 ECB fixing. JIC VGI is an equity investor; Japan Finance Corporation and MUFG Bank are lenders.

## Profile

- **Latest funding:** Series B extension: derived new equity portion (plus separate loans) — approximately €2.26M equity; separate ~€3.38M debt (November 10, 2026)
- **Latest known valuation:** Not publicly disclosed
- **Total disclosed equity funding:** Not publicly disclosed
- **Stage:** series-b
- **Status:** private
- **Industries:** N/A
- **Coverage:** full
- **Last updated:** 2026-11-11
- **Latest funding investors:** JIC Venture Growth Investments

## Key facts

- Nov 10: entire 2026 Series B ~€19.17M converted total, comprising ~€14.09M equity and ~€5.07M debt; not November new capital.
- April 15 first-close plus November totals imply November extension around €2.26M share capital plus €3.38M loans (converted estimates, not issuer-announced individual amount).
- New equity subscribed by JIC Venture Growth Investments; Japan Finance Corporation and MUFG Bank contributed debt, not equity.
- BALLAS LINKS ran in beta since June 2025, and formally launched April 2026; SCM coordinates custom component procurement.

## Funding history

- Series B extension: derived new equity portion (plus separate loans) · approximately €2.26M equity; separate ~€3.38M debt · November 10, 2026
  Source: https://prtimes.jp/main/html/rd/p/000000022.000100360.html

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** November 11, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/ballas-construction-supply-chain