Dip, a Japan-listed jobs website operator, has committed the first Y1.1bn ($15m) of a planned Y9bn corporate venture capital fund targeting artificial intelligence (AI), robotic process automation (RPA) and human resources technology, according to a regulatory filing first seen by advisory firm Staffing Industry Analysts.
The company said the new fund, Dip Labor Force Solution Investment Business Limited Partnership, was “part of the vision of developing into a labour force solution company”.
SBI Investment, the corporate venturing unit of financial services provider SBI Group, will manage the fund, which includes the transfer of DIP’s investment in two unnamed companies.
It added: “Dip, in addition to its core personnel recruiting services businesses, has started to develop the AI/RPA business in earnest, with a view toward providing solutions for the labour issues facing society.”
