Japan Dealbook: Design agency Goodpath, HR startup POL raise funding

Traditional bridge in Tokyo, Japan.

Japanese design agency Goodpath has raised a Series C round while HR startup POL has secured a seed round.

Goodpath raises $3.6m Series C

Tokyo-based Japanese UX/UI design agency Goodpatch has closed a JPY 400 million yen ($3.57 million) Series C round from SBI Investment, through its SBI FinTech Fund, and Mitsui Sumitomo Insurance Capital.

Incepted in August 2011, the firms follows a $1 million Series A round in December 2013 and a $3.5 million Series B round in February 2016. This latest transaction will also see it invest in a project to improve the UX/UI design of SBI Investment’s SBI Securities, with Goodpatch launching an in-house UX/UI design team specialised in the fintech domain.

HR database startup POL raises $447k

Tokyo-based startup POL, which operates a human resource (HR) database consisting of science students called LabBase, has secured JPY 50 million ($447,100) yen in a seed round led by Beenext with participation from CyberAgent Ventures, Draper Nexus, Beyond Next Ventures, and angel investors.

According to POL, it will strengthen their system development process with proceeds from this funding round.

POL was set up in September 2016 by Michiaki Kamo, a serial entrepreneur involved in launching the Bivie online diet service.

 

The field, labeled “Lab x Tech” or “Lab Tech”, sees firms like Acaric in Singapore competing with POL in Japan. Other startups in the US operating in this space are ResearchGate, Figshare, The Center for Open Science, and the Science Exchange.

Also Read:

Japan: Cerberus Capital launches $446m selldown in Seibu Holdings

McDonald’s stalls plan to sell stake in Japanese arm

Japan: Moneytree closes $8.9m round led by SBI Investment

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.