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 […]
Presidio Ventures Makes Strategic Investment in Ori Read More »
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…
SCOA Teams Up with North Dakota to Develop Clean Energy Projects & Achieve Net-Zero Read More »
Syzygy Enters Joint Development Agreement with LOTTE Chemical, LOTTE Fine Chemical and Sumitomo Corporation of Americas to Deliver Fully Electric Chemical Reactor Technology in the Race to Produce Clean Hydrogen The adoption of this innovative technology positions LOTTE and Sumitomo as leaders in the hydrogen industry and advances goals to decarbonize Korea Read more
Cuiaba, Brazil – Sumitomo Corporation has reached an agreement with shareholders of NATIVA AGRONEGÓCIOS & REPRESENTAÇÕES LTDA. and NATIVA AGRÍCOLA E REPRESENTAÇÃO LTDA. (collectively, “Nativa”), an agricultural supplies distributor in southeastern Brazil, to acquire all shares of Nativa to make it a wholly owned subsidiary. read more…
Acquisition of Nativa to Expand Agricultural Input & Service Business in Brazil Read More »
New York, NY – Sumitomo Corporation of Americas (“SCOA”) announced today its investment in TAE Technologies (“TAE”), a fusion power company and world leader in hydrogen-boron fusion research. The investment will help fund the construction of TAE’s next research reactor, “Copernicus” and accelerate SCOA’s implementation of fusion power in Japan and Asia as part of the
Presidio Ventures, a Sumitomo Corporation of Americas Group Company, has joined a bridge round for Web3 Pro, Inc., a white-label enterprise Non Fungible Token (NFT) platform company headquartered in Palo Alto, CA. Web3 Pro will use the funds from this round to continue expansion of its global team, build a next generation enterprise-grade suite of software
Bogota, Colombia – Sumitomo Corporation Andes S.A.S. (SCAN), a subsidiary of Sumitomo Corporation, one of the world’s largest traders and investors in goods and services, together with Promigas, a leading energy distributor and transporter in South America, announced today their intent to collaborate on the development of Hydrogen mobility solutions in Colombia. Click here to
WHITEHORSE, YT – Minto Metals Corp today announced it has recently completed a detailed review of proposals received from various offtake companies with respect to the processing and purchase of the copper concentrate produced at the Company’s Minto Mine. In connection with the completion of this process, Minto Metals has entered into a more favourable offtake
Minto Metals Signs Four Year Concentrate Offtake Extension For Its Minto Mine Read More »
SC Guatemala Exports Bird-Friendly® Coffee to Japan Since 2001, SC Guatemala has expedited the export of coffee from Mexico, Central America and Andes countries to the Japanese market, but its most sustainability-aligned coffee is its Bird Friendly® (BF) Coffee, which continues to hold its place as the standard for environmentally-conscious coffee exports from Central and
Sustainable Coffee Still Flying High Read More »
Summit Cosmetics Corporation (SCC), a global cosmetic ingredient developer and distributor, announced today that it has executed a Global Distribution Agreement with NXTLEVVEL, a commercial scale manufacturer of next generation biomass derived chemicals, for the distribution of its NXT SOLV product line to the Beauty and Personal Care industry. Read more…