In a recent announcement the company announced the establishment of its Corporate Venture Capital (CVC) fund , the RICOH Innovation Fund II – with an aim to strengthen its efforts to invest in overseas startups .
Fund I was established in Nov 2023 and has invested in nine startups including its strategic partnership with Asuene in Japan to help SMEs decarbonize.
The fund has been a good vehicle with its partnerships with startups for Ricoh to accelerate its business interests in areas where markets and technology is rapidly evolving .
In Fund II Ricoh will look to further deepen its work across key regions and help accelerate efforts on AI, Decarbonisation and lifting the workspace experience.
Ricoh is a leader in integrated digital services and experiences, print and imaging solutions designed to support digital transformation of workspaces while optimising business performance . Headquartered in Tokyo, Ricoh’s global operation reaches customers in approximately 200 countries and regions, supported by cultivated knowledge, technologies, and organizational capabilities nurtured over its 85-year history.
