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 enables e-commerce brands to expand omnichannel operations across Asia-Pacific by providing a logistics engine that automates storage, packing, shipping, and tracking of orders. Its cloud-based platform synchronizes inventory across online channels and facilitates end-to-end order fulfillment through a network of warehouses and carriers in Singapore, the Philippines, Thailand, Hong Kong, and Australia.

iClick Interactive Asia Group

Venture Round in 2011
iClick Interactive Asia Group is a leading online marketing technology platform in China that connects international marketers with audiences in China. Built on advanced technologies, its proprietary platform provides omni-channel marketing capabilities and supports data-driven, automated campaigns to help advertisers achieve various objectives. The company serves both international and domestic marketers seeking to reach Chinese audiences through targeted online marketing powered by data analytics and automated optimization.

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 based in Hong Kong, specializing in providing professional services and advanced network solutions to telecom service providers across the Asia Pacific region. Established in 1999, the company has experienced significant growth by delivering integrated solutions for converged voice and data networks, mobile network infrastructure, and various application platforms including 3G, LTE, and WiMAX. With a dedicated team of network planners, technical sales and support staff, and project implementation experts, CommVerge Solutions is committed to evaluating and integrating best-of-breed products to enhance the performance and cost-effectiveness of its clients' networks. The company offers a range of services, including project management, network integration, technical support, and optimization, ensuring that telecommunications providers can effectively manage and enhance their technology infrastructure. CommVerge Solutions operates offices in key locations such as Beijing, Shanghai, Taipei, Seoul, Kuala Lumpur, Singapore, Manila, Bangkok, Brunei, and Los Angeles, California, reflecting its extensive reach and commitment to serving the telecommunications industry.
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