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Raksul, Japanese online printing and on-demand logistics startup, files for IPO

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Tokyo-based Raksul, an online printing and delivery startup, announced today that its IPO application to the Tokyo Stock Exchange (TSE) has been approved. The company will be listed on the TSE Mothers Market on 31 May with plans to offer 2,500,000 shares for public subscription and to sell up to 1,642,100 shares in over-allotment options, for a total of 8,449,900 shares. Daiwa Securities will lead the underwriting. Led by the company’s CEO Yasukane Matsumoto (21.55%), its major shareholders include OPT Holding (17.78%, TSE:2389) and Development Bank of Japan (8.91%). According to the consolidated statement as of July of 2017, they posted a revenue of 7.68 billion yen (about 70.2 million) with an ordinary loss of 1.16 billion ($10.6 million) and a net loss of 1.18 million yen ($10.8 million). Founded in 2009, Raksul is a Japanese company which provides printing services in partnership with printing facilities across its home country as a fabless operator. Users can place printing orders at affordable rates because the company takes advantage of downtime at participating printers to complete those orders. Additionally, the company provides the Hacobell on-demand delivery service as well as a flyer delivery service for small and medium-sized enterprises. See also: Japanese…

Raksul and Hacobell
Image credit: Raksul

Tokyo-based Raksul, an online printing and delivery startup, announced today that its IPO application to the Tokyo Stock Exchange (TSE) has been approved. The company will be listed on the TSE Mothers Market on 31 May with plans to offer 2,500,000 shares for public subscription and to sell up to 1,642,100 shares in over-allotment options, for a total of 8,449,900 shares. Daiwa Securities will lead the underwriting.

Led by the company’s CEO Yasukane Matsumoto (21.55%), its major shareholders include OPT Holding (17.78%, TSE:2389) and Development Bank of Japan (8.91%).

According to the consolidated statement as of July of 2017, they posted a revenue of 7.68 billion yen (about 70.2 million) with an ordinary loss of 1.16 billion ($10.6 million) and a net loss of 1.18 million yen ($10.8 million).

Founded in 2009, Raksul is a Japanese company which provides printing services in partnership with printing facilities across its home country as a fabless operator. Users can place printing orders at affordable rates because the company takes advantage of downtime at participating printers to complete those orders. Additionally, the company provides the Hacobell on-demand delivery service as well as a flyer delivery service for small and medium-sized enterprises.

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Edited by “Tex” Pomeroy

Japanese printing startup Raksul secures $20.2M to strengthen global expansion

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Raksul, a Tokyo-based startup providing online printing services, today announced that it has raised 2.05 billion yen (about $20.2 million) from Fidelity Investments and Development Bank of Japan as well as existing investors including Opt, Global Brain, GMO Venture Partners and Global Catalyst Partners. This follows their $33.7 million funding in a series C round back in February of 2015. The latest funds mean that the company has fundraised a total of 7.9 billion yen (about $78.1 million) from investors to date. It has now become one of the most-funded startups in Japan, following biotech startup Spiber and C2C e-commerce startup Mercari. The company claims that the funds will be used to enhance human resources and marketing for its online printing services in addition to a new business called Hacobell, an on-demand delivery service for individual users. The company also said it had recently invested in India’s online printing marketplace Inkmonk following their previous investment in Indonesia’s Prinzio back in November of 2015. See also: Hot Japanese printing startup expands to Southeast Asia with local investment (Tech in Asia) Founded in 2009, Raksul is a fabless company which provides printing services in partnership with printing facilities across Japan. Users can…

raksul-team
Raksul management team

Raksul, a Tokyo-based startup providing online printing services, today announced that it has raised 2.05 billion yen (about $20.2 million) from Fidelity Investments and Development Bank of Japan as well as existing investors including Opt, Global Brain, GMO Venture Partners and Global Catalyst Partners.

This follows their $33.7 million funding in a series C round back in February of 2015. The latest funds mean that the company has fundraised a total of 7.9 billion yen (about $78.1 million) from investors to date. It has now become one of the most-funded startups in Japan, following biotech startup Spiber and C2C e-commerce startup Mercari.

The company claims that the funds will be used to enhance human resources and marketing for its online printing services in addition to a new business called Hacobell, an on-demand delivery service for individual users. The company also said it had recently invested in India’s online printing marketplace Inkmonk following their previous investment in Indonesia’s Prinzio back in November of 2015.

See also:

Founded in 2009, Raksul is a fabless company which provides printing services in partnership with printing facilities across Japan. Users can place printing orders at affordable rates because the company takes advantage of downtime at participating printers to complete those orders. Additionally, the company provides the aforementioned Hacobell on-demand delivery service as well as a flyer delivery service for small and medium-sized enterprises.

Edited by “Tex” Pomeroy

Japan’s fabless printing startup Raksul fundraises $33.7 million

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This is the abridged version from our original article in Japanese. Raksul, a Tokyo-based startup providing online printing services, announced today that it has raised 4 billion yen ($33.7 million) from Opt, Global Brain, WiL (World Innovation Lab), Itochu Technology Ventures, Anri, Dentsu Digital Holdings, GMO Venture Partners, Link and Motivation, Gree Ventures, and Global Catalyst Partners. This follows their previous funding round in February 2014, raising 1.45 billion yen ($14.3 million) from WiL (World Innovation Lab), Global Brain, Itochu Technology Ventures, Plus (an office stationary company), GMO Venture Partners, and Mixi. Founded in 2009, Raksul is a fabless company that provides printing services in partnership with more than 1,600 printing facilities across Japan (as of November 2013). Users can place printing orders at affordable rates because the company takes advantage of downtime at participating printers to complete those orders. Raksul will use the funds to provide additional support for partnering printing companies, including helping these companies buy paper or printing materials at affordable rates for leveraging volume discounts by gathering demand. In addition, the company is looking to launch the service in other markets beyond Japan. While they are a 100-person team in Japan and Vietnam, they are planning…

raksul-team
Raksul management team

This is the abridged version from our original article in Japanese.

Raksul, a Tokyo-based startup providing online printing services, announced today that it has raised 4 billion yen ($33.7 million) from Opt, Global Brain, WiL (World Innovation Lab), Itochu Technology Ventures, Anri, Dentsu Digital Holdings, GMO Venture Partners, Link and Motivation, Gree Ventures, and Global Catalyst Partners.

This follows their previous funding round in February 2014, raising 1.45 billion yen ($14.3 million) from WiL (World Innovation Lab), Global Brain, Itochu Technology Ventures, Plus (an office stationary company), GMO Venture Partners, and Mixi.

Founded in 2009, Raksul is a fabless company that provides printing services in partnership with more than 1,600 printing facilities across Japan (as of November 2013). Users can place printing orders at affordable rates because the company takes advantage of downtime at participating printers to complete those orders.

Raksul will use the funds to provide additional support for partnering printing companies, including helping these companies buy paper or printing materials at affordable rates for leveraging volume discounts by gathering demand.

In addition, the company is looking to launch the service in other markets beyond Japan. While they are a 100-person team in Japan and Vietnam, they are planning to double its operational force by the end of this year to achieve the 1 million user goal.

Translated by Masaru Ikeda
Edited by Kurt Hanson
Proofread by “Tex” Pomeroy

Japanese online printing startup Raksul fundraises $14.3 million

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Raksul, a Tokyo-based startup providing online printing services, announced today that it has raised 1.45 billion yen (approximately $14.3 million) from WiL (World Innovation Lab), Global Brain, Itochu Technology Ventures, Plus (an office stationary company), GMO Venture Partners, and Mixi. Raksul is a fabless company that provides printing services in partnership with more than 1,600 printing facilities across Japan (as of November of 2013). Users can place printing orders at affordable rates because the company takes advantage of downtime at participating printers to complete those orders. According to Nikkei Business, Raksul will use the funds raised this time to prepare for global service operations, and to launch a new service that allows merchants to distribute their flyers via newspapers to consumers for affordable rates. By making the most of the internet and removing middleman costs, their flyer distribution service gives local merchants a better chance to promote their services for less than 10% of the price usually seen in this sector. Raksul was founded in 2009 and raised a total of 230 million yen ($2.4 million) during the last year from Nissay Capital, Yahoo Japan, and Anri.

raksul-team
From their Facebook page

Raksul, a Tokyo-based startup providing online printing services, announced today that it has raised 1.45 billion yen (approximately $14.3 million) from WiL (World Innovation Lab), Global Brain, Itochu Technology Ventures, Plus (an office stationary company), GMO Venture Partners, and Mixi.

Raksul is a fabless company that provides printing services in partnership with more than 1,600 printing facilities across Japan (as of November of 2013). Users can place printing orders at affordable rates because the company takes advantage of downtime at participating printers to complete those orders.

According to Nikkei Business, Raksul will use the funds raised this time to prepare for global service operations, and to launch a new service that allows merchants to distribute their flyers via newspapers to consumers for affordable rates. By making the most of the internet and removing middleman costs, their flyer distribution service gives local merchants a better chance to promote their services for less than 10% of the price usually seen in this sector.

Raksul was founded in 2009 and raised a total of 230 million yen ($2.4 million) during the last year from Nissay Capital, Yahoo Japan, and Anri.