• Orange Inc., a Japanese manga tech startup, has raised JPY 2.9 billion (USD 19.5 million) in pre-Series A financing. The funding round was led by Japanese venture capital firm Coral Capital, with participation from other investors such as Incubate Fund, Samurai Incubate, and SMBC Venture Capital.

• Orange Inc. is a platform that aims to revolutionize the manga industry by leveraging technology. The company's flagship product is a digital manga distribution platform that allows readers to access a wide range of manga titles on their smartphones and tablets. The platform also offers features such as personalized recommendations and interactive reading experiences.

• The new funding will be used by Orange Inc. to expand its platform, develop new technologies, and further enhance the user experience for manga readers. The company plans to use the investment to strengthen its content partnerships, improve its recommendation algorithms, and explore new ways to monetize its platform, such as through subscriptions and in-app purchases.