September 2022

Presidio Ventures Makes Strategic Investment in Ori

New York, NY — Presidio Ventures, a Sumitomo Corporation of Americas (“SCOA”) Group Company, has joined together with existing investors Khosla Ventures, Alphabet, Ingka Investments (of the IKEA Group) and Geolo Capital to participate in Ori’s recently closed round of equity financing.  Led by South Korean conglomerate, Eugene Group, this funding positions the rapidly growing […]

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SCOA Teams Up with North Dakota to Develop Clean Energy Projects & Achieve Net-Zero

New York, NY – Sumitomo Corporation of Americas (“SCOA”) announced today its partnership with the state of North Dakota to evaluate and develop businesses within the energy transition market, with the intent to accelerate decarbonization in the state and even beyond. read more…

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