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 has already conducted corporate venturing in the past, having most recently provided an undisclosed amount of funding for Life Log Technology, the operator of health management app Calomeal, in July 2019.
