Oishii pushes $134M funding to $150M in Series B financing

Oishii has announced their Series B financing has officially closed at $150MM. Climate tech fund Resilience Reserve, co-founded by the Head of TED Chris Anderson and entrepreneur Rob Reid, and Japanese venture firm Miyako Capital joined the round right before closing, alongside existing investors NTT, Bloom8, McWin Capital Partners, Mizuho Bank, the Japan Green Investment Corporation for Carbon Neutrality (JICN), Yaskawa Electric Corporation, and others.

Oishii announced their $134MM series B in February 2024 but continued interest from investors led the round to an increase in capital, which will continue to propel Oishii's unprecedented growth trajectory and allow the company to continue its expansion into new markets.

The funding news coincides with Oishii's official debut in Chicago, expanding its retail footprint and partnership with Whole Foods Market. Beginning today, Oishii's flagship Koyo Berry will be on shelves across the greater Chicago area. Additionally, the berry – which is refreshingly sweet – will be featured on lauded Chicago menus at Michelin-starred restaurants Omakase Yume and Esme, as well as artisanal coffee shop Sawada Coffee.

This Fall will also mark the brand's expansion into new retailers. Oishii's always-in-season, pesticide-free, non-GMO produce will be carried by Harris Teeter locations across Washington, D.C., Maryland, and Virginia, as well as in Wakefern brands in the Tri-State area later this year.

Hiroki Koga, CEO and Co-Founder of Oishii said: "We believe vertical farming is the ticket to a sweeter future, and this latest round of funding signals that others embrace our vision for a world where food is more accessible. We're honored to bring our berries to Chicagoans and Harris Teeter customers, not to mention welcome a roster of respected investors to the Oishii family."

Chris Anderson, co-founder of Resilience Reserve said: "We're excited to support the Oishii team, both for the deliciousness of their existing produce and even more importantly for the extraordinary model they're pioneering, which enables agricultural innovation at breakneck pace."