The mental well-being and recruitment services provider has launched an investment vehicle that will provide up to $950,000 per deal.
Advantage Risk Management Group (ARMG), a Japan-based provider of workplace mental health, disability and human resources support, has formed a corporate planning and venture capital unit.
The size of the fund allocated to the vehicle is undisclosed but it will invest in early to mid-stage startups with a valuation of ¥100m to ¥2bn ($950,000 to $19m), investing roughly between $95,000 and $950,000 per company.
The unit will primarily partner entrepreneurs that are developing digitisation, healthcare and human resources technologies.
ARMG…
