Raksul, one of Japan’s most-funded startups, enters Southeast Asia with a $400k seed investment in Jakarta-based Prinzio.
With nearly half a billion dollars invested in Japanese startups last year, 2014 was a banner year for the country’s burgeoning entrepreneurs.
Japan’s leading tech-focused business association put on a pitch contest. In addition to an $8,500 prize, the winner comes to Tech in Asia Singapore 2015.
Printing is not a hot sector, but Raksul’s growth is turning heads. The startup’s revenue shot up five-fold in the past year.
The Sun Microsystems co-founder spoke at a closed meeting with Itochu Technology Ventures executives and portfolio startup CEOs.
“Why can’t small printing companies get printing orders in a more efficient manner?” Matsumoto, founder of Raksul.com thought.