Japan Dealbook: Raksul secures $20m, Eisai partners Mamorio to treat dementia

Temple in Kiyomizu,Japan. Credit:Flickr/Caribb

Printing startup Raksul has secured $20.2 million funding while Eisai, in conjunction with startup Mamorio, have collaborated on a tracker for those with dementia.

Japanese Raksul secures $20.2 million funding

Tokyo-based online printing startup Raksul announced that it has raised $20.2 million in funding from Fidelity Investments and Development Bank of Japan. This funding follows up on the $33.7 million series C round in February 2015.

Founded in 2009, Raksul, a fabless company, is one of the highest funded startups in Japan with $78 million in venture funding. Investors from prior rounds include Opt, Global Brain, GMO Venture Partners and Global Catalyst Partners.

The latest investment will be used in making improvements in human resource quality and in developing marketing strategy for its new, on-demand delivery service Hacobell. Raksul has an international presence, with investments in India’s online printing marketplace Inkmonk following their previous investment in Indonesia’s Prinzio in November of 2015.

Eisai collaborates with Startup to treat dementia

Eisai, a major Japanese pharmaceuticals major and Tokyo-based startup Mamorio, are developing the Me-Mamorio tracking tool, a small tag which utilises short-range wireless Bluetooth connection on smartphones to support people with dementia.

The two Japanese firms aim to create a community support network to look out for people with dementia. Eisai has signed agreements with medical associations and local governments in 65 locations across Japan.

When a dementia sufferer carries the Me-Mamorio tag pass, people in the community who have the application installed on their smartphones can track the user. This data is then automatically transmitted to care workers and family members.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.