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

Past deals in Hong Kong

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.

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.
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