Fundraise

Lingble raises ¥300M to scale AI-driven cross-border e-commerce platform

What's the deal? Lingble, a Singapore-based cross-border e-commerce platform operated through its Japanese holding company Ringble, has raised ¥300M (roughly $2M) in a round led by DG Daiwa VenturesDealroom has a profile for this one. Try Dealroom →. Headline Asia, Gazelle CapitalDealroom has a profile for this one. Try Dealroom →, and Innovation Hayate V Capital also participated. The round, structured as J-KISS convertible notes, closed at the end of February 2026.

The funds will go towards developing Lingble's AI system "Tsuro-san," expanding its core platform Lingble Link, strengthening its sales team, and entering new markets starting with South Korea.

Why now? Lingble restructured in October 2025, when CEO Mahoto Harada acquired shares from its former major shareholders and set up a new Japanese holding company. This round marks the first outside capital under the new structure.

The company has served 45 brands — mostly in apparel — since its founding in 2019, offering an end-to-end solution covering everything from localised storefronts and payments to logistics, customs, and multilingual customer support across 170 countries. It claims an average fivefold revenue increase for clients after adoption, with customers ranging from KokuyoDealroom has a profile for this one. Try Dealroom → to DescenteDealroom has a profile for this one. Try Dealroom → to Narumiya International.

Tsuro-san, the AI tool at the centre of this raise, is designed to encode Lingble's 15-plus years of cross-border know-how into an automated decision-support system. It integrates product data and sales information to guide marketing and operations for overseas expansion. A beta version is rolling out to existing customers from May 2026.

What could go wrong? Cross-border e-commerce is notoriously complex, with regulations, tariffs, and consumer preferences varying wildly by market. Lingble's bet that AI can standardise this playbook is ambitious — but unproven at scale. The company also faces competition from larger platforms like Shopify and Global-e, which are investing heavily in similar capabilities.

At ¥300M, the raise is modest. Lingble will need to demonstrate clear traction with Tsuro-san quickly to secure larger follow-on funding.

The signal: Dealroom classifies Lingble as a "breakout" stage company, notable for a platform that has operated across 170 countries since 2019 yet is only now raising its first institutional round under a new structure. Lead investor DG Daiwa Ventures' backing underscores growing VC appetite in Japan for vertical e-commerce infrastructure — particularly tools that package hard-won operational expertise into AI-driven software mid-sized brands can actually afford.

Read more: PR TIMES

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