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.

Ezra Leung

Vice President

Martin Mai

Vice President

Alan Tang

Senior Vice President

Francis Wong

Managing Director

Nan Zhang

Assistant Vice President

Past deals in Thailand

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.

Ookbee

Debt Financing in 2021
Founded in 2010, Ookbee is a Thai company specializing in digital publishing. It offers a wide range of online content including novels, audiobooks, magazines, and educational materials across various categories such as art, business, lifestyle, and technology. The platform enables users to create, share, and monetize their own content.

aCommerce

Series A in 2014
aCommerce Co., Ltd., established in 2013, is a Bangkok-based company that specializes in providing comprehensive e-commerce solutions for brands and retailers across Southeast Asia, including Thailand, Indonesia, the Philippines, and Singapore. The company offers a wide range of services, from performance marketing and channel management to platform design, payment gateways, order fulfillment, delivery, and customer service. aCommerce caters to various sectors such as health and beauty, fashion, electronics, and technology, and has a strategic partnership with DKSH Group.

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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