Business Cards and Couple Years

co: TBM, which raised 1.6 billion and 3.1 billion in its latest two rounds, is looking to secure several billion yen, according to Chief Executive Officer Nobuyoshi Yamasaki, according to The Japan Times. The goal is to establish overseas partnerships before seeking an initial public offering, he added. TBM Co., a startup known for its technology that turns limestone into business cards, plastic folders and food containers, is seeking to raise another round of funding to expand overseas before it prepares for an initial public offering in a couple years. ; Goldman Sachs Group Inc., trading house Itochu Corp. and Toppan Printing Co., Japan's largest printer by sales, have already invested in the manufacturer. Our next round is for overseas expansion, both for production and sales, the CEO said at the company's Tokyo headquarters. As result, TBM is pushing back its planned timing for an IPO by about a year, to 2021, according to Yamasaki. We want to expand aggressively overseas, and to do that we need the funding to hire more people. (news.financializer.com). As reported in the news.