Sumitomo Corporation Equity Asia

Sumitomo Corporation Equity Asia, established in Hong Kong in 2002, operates as the corporate venture arm of Sumitomo Corporation, a major multinational conglomerate in Japan. The firm focuses on investing in various sectors, including enterprise information technology, big data, cybersecurity, artificial intelligence, the Internet of Things, digital marketing, fintech, and digital healthcare. As part of the larger Sumitomo Corporation Group, which comprises over 800 subsidiaries and associated companies worldwide, SCEA leverages its extensive resources and expertise to identify and support innovative ventures in these dynamic fields.

Chio Ishikawa

Associate

Martin Mai

Vice President

Alan Tang

Senior Vice President

Francis Wong

Managing Director

22 past transactions

Locad

Series B in 2024
Locad is a logistics provider that supports e-commerce brands in the Asia-Pacific region by offering a cloud-based supply chain solution. Its technology platform enables seamless inventory synchronization across various online sales channels and facilitates end-to-end order fulfillment through a network of warehouses and carriers in countries such as Singapore, the Philippines, Thailand, Hong Kong, and Australia. By leveraging a geographically distributed warehousing infrastructure, Locad allows brands to store products closer to their customers, resulting in quicker delivery times and reduced shipping costs. The platform provides easy integration with sales channels and offers on-demand capacity, making it adaptable to the varied needs of clients. With hundreds of brands utilizing its services, Locad aims to enhance shipping efficiency, lower expenses, and support significant business growth.

AI-LINK

Series A in 2024
AI-LINK is a digital infrastructure provider specializing in 5G edge cloud services aimed at enhancing communication infrastructure. The company develops advanced 5G networks and mobile edge computing platforms, offering a comprehensive suite of services that includes terminals, base stations, and cloud solutions. AI-LINK's offerings cater to various sectors, such as transportation, real estate, education, industry, and tourism, enabling these businesses to leverage the full potential of 5G technology for improved connectivity and operational efficiency.

clearing zero carbon

Angel Round in 2023
Clean Capture is an innovative company that uses artificial technology and provides low-cost carbon removal technology solutions through the research and development and commercialization of carbon capture, utilization and storage (CCUS) technology.

Ookbee

Debt Financing in 2021
Ookbee Group is the largest storytelling ecosystem in Thailand, catering primarily to young generations through its diverse platforms. The company operates several user-generated content platforms, including Joylada, Tunwalai, Ookbee, Fictionlog, Storylog, Beeber, and Fungjai, focusing on novels, e-books, music, audio, and video live-streaming. Ookbee's digital publication platform facilitates an environment where users can create and share their content, while also serving as a comprehensive bookstore offering a wide range of free and paid materials such as magazines, newspapers, fiction and non-fiction books, audiobooks, and online courses. This infrastructure supports clients in publishing, distributing, and selling digital publications on a global scale.

Naluri Life

Series A in 2021
Naluri Hidup Sdn Bhd, founded in 2017 and based in Kuala Lumpur, Malaysia, provides professional coaching, guidance, and therapy focused on enhancing mental resilience and achieving personal life goals. The company offers both in-person counseling sessions with qualified psychologists and a digital therapeutics platform that integrates behavioral science, data science, and digital design. This platform aims to support users in adopting healthier lifestyles, managing stress, and addressing cardiometabolic and mental health conditions. By combining these elements, Naluri helps individuals and organizations predict, prevent, and manage health challenges, ultimately promoting sustained health outcomes.

Hai Guanjia

Series A in 2020
YunLSP is a logistics SAAS cloud collaboration service platform. It creates logistics cloud systems and tool products to provide efficient operation process services for logistics companies. The company develops and completes a range of disruptive products in the logistics sector using technologies including artificial intelligence, big data, and cloud computing, offering system solutions, and data docking services for ports, shipping firms, freight forwarders, and shipping agency firms.

Minima Technology

Series A in 2020
Minima Technology is a provider of cold chain logistics services, specializing in efficient and comprehensive solutions for distributors, wholesalers, and logistics companies. By catering to supermarkets, restaurants, and various channels, the company aims to enhance supply chain efficiency while helping enterprises reduce costs. Through its platform, Minima Technology addresses the critical needs of food storage and transportation, ensuring that products remain at optimal temperatures throughout the supply chain process.

Minima Technology

Series A in 2020
Minima Technology is a provider of cold chain logistics services, specializing in efficient and comprehensive solutions for distributors, wholesalers, and logistics companies. By catering to supermarkets, restaurants, and various channels, the company aims to enhance supply chain efficiency while helping enterprises reduce costs. Through its platform, Minima Technology addresses the critical needs of food storage and transportation, ensuring that products remain at optimal temperatures throughout the supply chain process.

Creadits

Series A in 2020
Creadits Pte. Ltd., founded in 2018 and based in Singapore, operates as a subsidiary of Allied Architects, Inc. The company specializes in developing advertisements across various formats, including static, video, and HTML5 playable ads. Creadits offers a global marketplace for advertising talent, utilizing a unified currency known as Creadits. This platform allows users to access a wide range of advertising services, including graphic design, video production, writing, campaign management, and training. By providing a transparent trading environment, Creadits enables a global talent pool to set values for their services, removing barriers related to borders and exchange rates. Additionally, the platform enhances campaign effectiveness by offering creative and strategic recommendations, thereby helping advertisers deliver the right content to the right audience and optimize their marketing efforts on a global scale.

YunQuNa

Series C in 2019
YunQuNa is an online portal that offers logistics trading and services on a global scale. It provides logistics price inquiry, cargo space booking, customs clearance, logistics tracking, cargo handling and insurance.

Bordrin Motors

Corporate Round in 2019
Bordrin Motors is a developer of smart electric vehicles, focused on delivering safe, reliable, and high-performing vehicles that enhance the travel experience through innovative technology. Established in August 2016, the company builds on the expertise of its original Sizhi team, specializing in chassis platforms, vehicle performance, electric technologies, lightweight design, and intelligent driving systems. Bordrin's mission encompasses not only the production of electric vehicles but also the provision of mobile energy solutions and shared economic options, aimed at ensuring customer satisfaction and promoting multi-dimensional smart travel. The company emphasizes quality and performance in its products, integrating advanced battery and electric drive system technologies to meet the evolving needs of the market.

CXA Group

Series C in 2019
CXA Group is an Insurtech start-up established in 2013, recognized as a leader in the Asian market with over 600 clients, including Fortune 500 companies. The company focuses on transforming employee benefits and workplace wellness by shifting the emphasis from treatment to prevention. Its innovative platform utilizes artificial intelligence to provide a fixed benefits wallet, allowing employees to select a tailored mix of insurance, wellness, and disease management services that best meet their individual needs. This approach not only empowers employees to manage their health proactively but also enables employers to access aggregated health and claims analytics. By doing so, organizations can identify and prioritize interventions that lower costs and enhance employee health, productivity, and engagement.

YunQuNa

Series B in 2018
YunQuNa is an online portal that offers logistics trading and services on a global scale. It provides logistics price inquiry, cargo space booking, customs clearance, logistics tracking, cargo handling and insurance.

Icontek

Series A in 2018
Icontek is a developer of natural language processing (NLP) and machine learning technologies, specializing in creating advanced software solutions that enhance customer interactions. The company's products stand out by offering superior performance and flexibility, allowing businesses to effectively integrate virtual assistants, chatbots, and voice bots into their operations. These technologies enable clients to engage with customers naturally and efficiently, providing timely and relevant responses. By replacing traditional call center agents with virtual bots, Icontek's solutions help businesses improve customer acquisition, engagement, and support, ultimately enhancing overall service delivery.

Etong Health

Series A in 2015
Etong Health specializes in healthcare management services, focusing on providing comprehensive health solutions to large and medium-sized enterprises. The company offers a range of services, including physical examinations, health assessments, and health management, as well as educational and consultation services related to health. Through its online platform, Etong Health enables clients to access third-party health management services, which include file recording, health intervention, and personalized health evaluations. This approach allows enterprises to streamline their health check processes and enhance overall employee well-being.

aCommerce

Series A in 2014
aCommerce is an e-commerce enabler based in Bangkok, Thailand, founded in 2013. The company specializes in providing comprehensive e-commerce solutions tailored for brands, manufacturers, retailers, and startups across Southeast Asia. Its offerings include performance marketing, channel management, web store design and operations, order fulfillment, warehousing, delivery, and content production. aCommerce aims to assist clients in developing their online retail strategies and optimizing their business processes through a suite of services that encompasses online brand management and last-mile delivery. By delivering these customized solutions, aCommerce helps clients successfully navigate the complexities of the e-commerce landscape and enhance their online presence.

Algoblu

Series A in 2013
Algoblu is a pioneering start-up in the SD-WAN technology sector, dedicated to creating flexible and programmable networks that virtualize network resources for enhanced scalability and adaptability. The company has developed a comprehensive product line based on its advanced network resource virtualization technology, which has gained traction among a diverse array of customers worldwide. Algoblu's leadership team possesses extensive expertise in software-defined networking, cloud computing, and collaboration communications, having previously worked for major firms like Cisco and Dell. With a significant portfolio of over 30 technology patents related to SDN and SD-WAN in both the U.S. and China, Algoblu has established an extensive global backbone comprising more than 200 nodes. Its client base includes hundreds of corporate users across various sectors, such as finance, insurance, retail, telecom, education, and gaming, including several of the world's top 500 companies. Algoblu provides a wide range of services, including integrated public networks, data centers, VPN networking, and traffic acceleration, enabling clients to create flexible self-service networks tailored to their specific needs.

Alpine Data

Series A in 2011
Alpine Data offers an advanced analytics platform designed to empower organizations in harnessing the vast amounts of information generated annually. As the first collaborative, code-free solution for advanced analytics on Big Data and Hadoop, Alpine enables data scientists and business analysts to analyze large datasets and develop predictive models without the need for coding. The platform supports enterprise decision-making, enhances customer retention, optimizes campaigns, and facilitates machine learning processes tailored to specific business needs. By leveraging Alpine's capabilities, companies across various sectors, including financial services and healthcare, can effectively navigate the complexities of data analysis and gain a competitive edge in their respective industries.

iClick Interactive

Venture Round in 2011
iClick Interactive Asia Group Limited is China’s largest independent online marketing technology platform, specializing in connecting global marketers with audiences within China. The company utilizes advanced technologies to deliver a proprietary platform that offers comprehensive omni-channel marketing capabilities. This enables both international and domestic marketers to achieve various marketing objectives through data-driven and automated solutions. iClick's services encompass a full lifecycle approach, addressing client needs in traffic acquisition, customer relationship management, and business decision optimization through data analytics. The company operates primarily in two segments: Marketing Solutions and Enterprise Solutions, with the majority of its revenue generated from Mainland China, along with operations in Hong Kong and other regions.

istyle

Series B in 2003
istyle, Inc. is a company focused on the beauty industry, primarily known for its operation of the cosmetics portal website @cosme. The company manages various segments, including Media, Electronic Commerce, and Store. The Media segment provides a range of services, such as internet advertising, branding, and affiliate marketing. Through its Electronic Commerce segment, istyle engages in the buying and selling of cosmetics, quasi-drugs, and health foods via its online shopping platform. The Store segment is involved in planning and developing cosmetics retail categories, along with operating physical retail stores. Additionally, istyle has expanded its presence internationally, with subsidiaries in countries including Taiwan, China, Hong Kong, Malaysia, Singapore, Thailand, and the United States. The company also offers beauty-related services, including advertising, marketing, and research, as well as personnel dispatching and investment training services.

CommVerge Solutions

Venture Round in 2002
CommVerge Solutions is a prominent network services company in the Asia Pacific region, specializing in professional services and advanced network solutions for telecom service providers. Established in 1999, the company has experienced significant growth and has earned the trust of numerous telecom and mobile operators through the design, implementation, and maintenance of converged voice and data networks, mobile infrastructure, and application platforms such as 3G, LTE, WiMAX, and IMS. With a skilled team of network planners, technical support staff, and project implementation experts, CommVerge provides integrated solutions that enhance the performance and cost-effectiveness of clients' networks. The company carefully selects high-quality products from established vendors worldwide to deliver optimized solutions. Headquartered in Hong Kong, CommVerge Solutions operates offices across major cities in the region, including Beijing, Shanghai, and Singapore, among others. Its corporate philosophy emphasizes the importance of employing the right people and practices to achieve successful network deployment from conception to implementation and beyond.

Asera

Series B in 1999
Asera is a company focused on delivering adaptive e-business solutions that enhance channel effectiveness, sales volume, and customer loyalty. It specializes in providing comprehensive business-to-business services that can be rapidly deployed on a pay-as-you-use basis. Asera's eService for demand chain management automates and streamlines the marketing, selling, and distribution processes across various channels. By utilizing a modular architecture, Asera enables businesses to activate their distribution channels quickly, deliver immediate value, and adapt to market changes effectively. This approach addresses the challenges posed by traditional software development, offering enterprises a flexible and efficient alternative in the fast-paced digital economy.
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