Sumitomo

Sumitomo Corporation is an integrated trading company based in Tokyo, Japan. It engages in a diverse range of business activities, leveraging its corporate strengths to facilitate the sale of various products and services within Japan, as well as import and export operations. The company also participates in trilateral trade and invests in both domestic and international markets. Through its multifaceted approach, Sumitomo plays a significant role in enhancing trade and business connectivity in Japan and beyond.

Past deals in Transport and logistics

Perenti

Corporate Round in 2022
Perenti specializes in large-scale surface and underground mining services, offering contract mining, mining support services, and future technology solutions to the global mining industry.

LexxPluss

Seed Round in 2021
LexxPluss develops automated transport robots for logistics warehouses. Their solution combines autonomous driving technology with guided mode navigation, ensuring accuracy even in challenging environments. The company focuses on cost-effectiveness, safety analysis, and user experience to enable efficient automation of labor-intensive tasks.

Aver Asia

Acquisition in 2021
Aver Asia is a construction equipment distribution and rental company operating across seven countries, including Singapore, Malaysia, Indonesia, and Thailand. The company specializes in providing a diverse range of equipment, such as aerial work platforms, compressors, generators, winches, and forklifts, to various sectors including construction, infrastructure, marine, offshore, and oil and gas. Aver Asia distinguishes itself by offering flexible solutions that cater to customer needs, allowing clients to choose between renting or purchasing equipment. Additionally, the company emphasizes locally-rooted services and adapts its business models to align with the market maturity of each country it operates in, ensuring quick and quality maintenance services tailored to regional requirements.

OpenLogi

Series C in 2020
Founded in Tokyo in 2013 by Hidetsugu Ito, OpenLogi designs a cloud-based platform offering affordable outsourced logistics solutions for small and medium-sized enterprises (SMEs) and freelancers. The platform optimizes warehouse control systems, leveraging unused assets and downtime to facilitate efficient logistics operations.

Equippo.com

Corporate Round in 2019
Equippo is a commercial equipment company that specializes in buying and selling used construction equipment through its online marketplace. Founded in 2014 and headquartered in Zug, Switzerland, the company connects manufacturers, dealers, leasing companies, and other trusted sellers with buyers worldwide, including regions such as South America, Russia, and Poland. Equippo's platform simplifies the process by offering services such as machine inspection, payment management, shipping, trucking, and customs clearance. A notable feature of its service is the Equippo final price calculation engine, which incorporates tariffs, transport, and logistics specific to the buyer's region, making international transactions more straightforward. With a team that can communicate in over nine languages, Equippo aims to facilitate transparent trading in the heavy equipment sector.

Gemadept

Acquisition in 2019
Gemadept Corporation is a Vietnamese company engaged in port operations and logistics, with additional interests in rubber plantation and real estate. The company operates several ports, including Phuoc Long ICD Port and Nam Hai Dinh Vu Port, and is involved in the Gemalink Cai Mep Deep-sea Container Port project. Gemadept provides a range of logistics services, such as container liner transport, project cargo transport, multi-modal transport, ship and crew management, and freight forwarding. The company's logistics infrastructure includes distribution centers and air cargo terminals. In addition to logistics, Gemadept is involved in the planting, exploitation, and processing of rubber trees, including operations in Cambodia. Its real estate segment focuses on the development and management of commercial centers, hotels, office buildings, and mixed-use projects. Founded in 1990, Gemadept is headquartered in Ho Chi Minh City, Vietnam.

Gogoro

Series C in 2017
Gogoro Inc. is a manufacturer of two-wheeled electric vehicles and a pioneering provider of battery swapping infrastructure, based in Taoyuan City, Taiwan. Founded in 2011, the company specializes in electric scooters, notably the Smartscooter, which features cloud connectivity and an electric powertrain that utilizes a network of swappable batteries. This modular battery swapping system allows urban riders to access portable power through strategically placed battery vending machines, facilitating the adoption of electric mobility in densely populated areas. Gogoro aims to transform megacities into smart cities by making energy distribution more efficient and accessible. The company's comprehensive ecosystem includes Gogoro Smart Batteries, GoStations, and battery management systems, contributing to a seamless integration of hardware and software. The majority of Gogoro's revenue is generated in Taiwan, where it has established a strong presence.
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