RPA’s Open Ventures and Segment subsidiaries’ joint accelerator scheme will target online marketing startups.

Japan-headquartered robotics technology developer RPA Holdings’ corporate venturing arm, Open Ventures, has partnered sister company Segment, the Japan-based owner of digital advertising platform Presco, to form a startup accelerator.

Open Acceleration will focus on online advertising and data technology startups, which will gain access to the Presco marketing tool and RPA’s robotics know-how. Open Ventures will also provide equity funding for the selected participants.

Open Ventures was formed in July 2020 and concentrates on pre-seed and seed-stage developers of…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.