Presidio Ventures Latest Looks Toward the Future, the Metaverse & the Planet
Since 1998, Presidio Ventures has been Sumitomo Corporation of Americas’ eyes and ears within Silicon Valley’s unique ecosystem. Acting as the company’s venture capital arm, Presidio has invested in more than 200 companies over the past twenty years and continues to evaluate next-generation business models and technologies for the rapidly changing startup landscape.
SCOA Invests in TAE Technologies; Helps Fund Next-Gen Fusion Reactor “Copernicus”
SCOA announced its investment into California-based TAE Technologies, a fusion power company and world leader in hydrogen-boron fusion research. This will help fund the construction of TAE’s next research reactor, “Copernicus”, and help SCOA contribute to the development of fusion power in Japan and the rest of Asia as part of the Company’s goal of helping create a carbon-neutral society.
SC Andes Partners with Promigas to Develop Hydrogen Mobility Solutions in Colombia
Colombia has set the highest goal in Latin America for emissions reductions of 51% by 2030 and is playing a leading role in the region according to the Energy Transition Index of the World Economic Forum.
Agro Amazônia Expands into New Areas of Brazil with Acquisition of Nativa
The global food industry expects to see the demand for increased food production jump by approximately 1.7 times from 2010 levels by 2050. That demand will trigger an expansion in farmland needed to harvest this food, and the agricultural materials needed to protect those crops.
SC Andes Partners With Promigas To Develop Hydrogen Mobility Solutions In Colombia
Colombia has set the highest goal in Latin America for emissions reductions of 51% by 2030 and is playing a leading role in the region according to the Energy Transition Index of the World Economic Forum.
Oil & Gas
In the OCTG area, SCOA is responding to the need for strong relationships between customers and vendors...
Infrastructure
We partner in the successful development and operation of large infrastructure projects, from power generation...
Lifestyle and Consumer
Through partnerships and subsidiaries, we have helped provide lifestyle...
Natural Resources
We play a key role in the responsible development of natural resources and the production and protection...
SCOA has made a donation to the American Red Cross to support the disaster relief efforts related to the wildfires that spread across Hawaii, predominantly devastating the Lahaina community and surrounding areas in Maui during the month...
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SC through SCOA together with Advantage Capital (AC) — a U.S. impact investment firm that is also working on the development of the renewable energy business — has established Perennial Renewables LLC (PR), a limited liabilit...
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Allotrope Partners LLC (“Allotrope”), Axens North America (“Axens”), and Sumitomo Corporation of Americas (“SCOA”) announced the signing of an agreement to develop a Joint Study for a commercial plant...
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New York, NY – In an effort to drive mitigation and decarbonization, Sumitomo Corporation of Americas, Bayer, JBS, AMAGGI, Rumo, and SINAI Technologies announced today the initial results of their first-of-its-kind collaboration to...
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Washington, D.C. -- In an important step and key milestone for the carbon markets, Carbon Opportunities Fund and Sumitomo Corporation of Americas (SCOA) announced one of the first transactions of tokenized carbon credits leveraging the C...
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Sumitomo Corporation of Americas (SCOA) together with its parent, Sumitomo Corporation Japan (SC) announced its acquisition of Saconix LLC (Saconix), a company engaged in the procurement, sale, storage and distribution of sulfuric acid i...
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Sumitomo Corporation of Americas (“SCOA”), the largest subsidiary of Sumitomo Corporation (SC), today announced the establishment of a new investment company, SCOA Real Estate Partners (SREP,) focused primarily on the develop...
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SCOA announced today its participation as a sponsor for Syzygy Plasmonics’ pilot program with the nonprofit research institute RTI International, to demonstrate sustainable fuel production at the RTI facility in Research Triangle P...
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New York, NY - SCOA announced today its investment in ClearBlade, an Internet of Things (IoT) company headquartered in Austin, Texas. SCOA’s investment will help the company expand its operations internationally and provide S...
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New York, NY – Sumitomo Corporation of Americas announced today the opening of its Phoenix, Arizona office in the Regus building in the north side of Phoenix. This office will support the further development and op...
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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 p...
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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 accelerat...
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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...
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Cuiaba, Brazil – Sumitomo Corporation has reached an agreement with shareholders of NATIVA AGRONEGÓCIOS & REPRESENTAÇÕES LTDA. and NATIVA AGRÍCOLA E REPRESENTAÇÃO LTDA. (collectively, &...
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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 wi...
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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...
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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 an...
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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 pr...
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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 i...
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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 d...
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SCOA announced today its participation in the Japanese Hydrogen Forum, which is comprised of a group of leading Japanese affiliated companies with hydrogen businesses in the U.S. that are intent on providing the latest information regard...
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Presidio Ventures, a SCOA Group Company, has joined a Series B funding round for Lilac Solutions, Inc., a lithium extraction technology company headquartered in Oakland, CA. Lilac will use the funds from this round to continue expa...
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SCOA has signed a non-exclusive sales agreement with EcoVAP, Inc. a leader in advanced water reduction solutions for agricultural, municipal, and industrial users. EcoVAP’s patented and patent-pending water technologies provid...
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SCOA announced today its investment in OneH2, a hydrogen fuel company headquartered in Longview, North Carolina. SCOA’s investment will help the company deploy full turnkey hydrogen solutions, creating a national fuel production an...
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Closing of Asset Sale in Marcellus Shale Projectubsidiary in U.S.A., Summit Discovery Resources LLC (SDR), participated in the Project on September 2010.
Project Overview
Location： Butler County, Pennsylvania in U.S....
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SCOA has entered into an agreement to increase its investment in Sintavia, the Aerospace and Space industry’s leading Tier One metal additive manufacturer, based in Hollywood, Florida. Read More......
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Minera San Cristóbal, one of the largest silver, zinc and lead mines in the world and wholly-owned subsidiary of Sumitomo Corporation, was part of a project awarded High Commendations by the Coalition for Energy Efficient Com...
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New York, NY – SCOA announced today its investment in BlueNalu, a leading innovative food company producing seafood directly from fish cells.
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SCOA announced today its stake in OneSky Systems, Inc., the leading developer of Unmanned Traffic Management (UTM) and Urban Air Mobility (UAM) platforms, designed to enhance mission planning with advanced safety-of-flight analysis. ...
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Sumitomo Corporation, through SCOA, announced today its investment in Origin WirelessTM, a developer of advanced wireless sensing technologies for various “Smart Life” applications. SCOA’s investment will help Origin ac...
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New York, NY – January 13, 2019 – Sumitomo Corporation of Americas (“SCOA”) announced today its investment in Elementum 3D, Inc. (“Elementum” or “the Company”), an additive manufacturing re...
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SCOA announced today their purchase of the Collier Center, a 2.8 acre commercial complex located in downtown Phoenix, Arizona.
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SC and SCOA announced today their investment in LO3 Energy, Inc. (“LO3 Energy”), a U.S.-based developer and operator of blockchain-powered peer-to-peer (P2P) energy platforms. This funding will support LO3 Energy’s comm...
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SCOA and SC are pleased to announce a groundbreaking partnership between one of the company’s most recent investments, Built Robotics, and SCOA group company Sunstate Equipment Co. (“Sunstate”). This partnership is the...
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Sumitomo Corporation announced today its alliance with Bell, a Fort Worth, Texas-based company known as the premier provider of vertical lift aircraft and one of the leading companies in the up-and-coming air mobility industry.
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Minneapolis, Minnesota – February 6, 2019 – Sumitomo Corporation of Americas (SCOA) announced today their purchase of SPS Tower, a 31-story LEED certified office building in the heart of Minneapolis’ commercial business...
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Sumitomo Corporation of Americas is pleased to announce the sale of its Turquoise Nevada solar project in northern Nevada to Greenbacker Renewable Energy Company LLC. The 60.65-megawatt (DC) Turquoise Nevada project will sell power...
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Sumitomo Corporation of Americas (“SCOA”) today announced it has joined the Blockchain in Transport Alliance, an organization dedicated to determining best practices and standards for Blockchain in the transportation and logi...
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Under the Heads of Agreement, SCOA has agreed to negotiate for a 20-year liquefaction tolling agreement (TLA).
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SCOA announced today that it made a minority investment in Sintavia, LLC, a leading Tier One metal additive manufacturer based in Davie, FL.
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Sumitomo Corporation is pleased to announce that its subsidiary company, Summit Discovery Resources II LLC has reached an agreement with IOG Gonzales 1835 LLC, an entity managed by IOG Capital, LP, Covington Equity Investments LLC an...
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For additional information on the JV, visit www.drivingmobilityforward.com
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Sumitomo Corporation of Americas ("SCOA") and Sumitomo Corporation (together "Sumitomo Corporation Group"), an integrated global trading and investment enterprise, is pleased to announce its investment in TruTag Techn...
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New York, New York – April 5, 2016 – Sumitomo Corporation together with Sumitomo Corporation of Americas (collectively referred to as “the Sumitomo Corporation Group”) have entered into a 50/50 joint venture...
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ROCHELLE, ILLINOIS, April 27th, 2015—On March 17th, 2015, Sumitomo Corporation of Americas (SCOA) and Nippon Sharyo USA (Nippon Sharyo) celebrated contract fulfillment for manufacturing 1000 rail cars for public transit agency cust...
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New York, NY – February 2nd, 2015 -- Sumitomo Corporation (“Sumitomo”) and Agro Amazonia Produtos Agropecuários Ltda (“Agro Amazonia”) announced their agreement to have Sumitomo acquire a 65 percent s...
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TouGas Oilfield Solutions announced today that SUMITOMO DEUTSCHLAND GMBH, a wholly owned subsidiary of its ultimate parent company Sumitomo Corporation, has finalized a strategic partnership and investment agreement with TouGas.
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Tokyo, Japan – February 7, 2014 – Sumitomo Corporation has developed and installed the world’s first large-scale power storage system which utilizes used batteries collected from electric vehicles.
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Sumitomo Corporation of Americas
Strategic investments have transformed Sumitomo Corporation of Americas (SCOA) from a traditional trading company into a 21st century integrated business enterprise.
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SCOA - Clean Energy
Aerospace & Defense Programs
