Capital and business alliance with IoT smart home device startup CANDY HOUSE JAPAN Co., Ltd.
Summary
ITOCHU has formed a capital and business alliance with CANDY HOUSE JAPAN through a third-party allotment investment. The deal centers on CANDY HOUSE’s smart home devices, especially its SESAME smart lock line. ITOCHU plans to work with its subsidiary Conexio to expand B2B sales of CANDY HOUSE products and to broaden collaboration across the group. The announcement highlights growing demand for smart home security, remote monitoring, and access control in both households and business facilities.
Classifications
industries
Fintech & Banking
applications
Procurement & Purchasing
AskAI Classifications
Labels
Developer Tools
IoT Software
API Management
Linked Companies
CANDY HOUSE, Inc.
$5M to $10M