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The Venture Codex

Sumitomo Corporation

Level 33, Grosvenor Place, 225 George Street, Sydney, NSW, 2000, Australia

Overview

Sumitomo Corporation specializes in trade and development of investment, and businesses.

Total investments
24
Lead investments
5
Investments · 12mo
2
Active investors
0

Sector focus

  • Industrial
  • Trading Platform
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Investment portfolio

  • Alsa

    Participated · Seed · Jul 2026

    AIsa provides a unified transaction layer that combines a resource gateway and an agentic payment layer to let AI agents discover, access, meter and pay for digital resources with usage-based billing and settlement in fiat or stablecoins. The platform aggregates resources such as AI models, APIs, real-time data, search services, SaaS tools, compute and agent services and enforces spending controls and audit trails for enterprises. After launching in 2025, AIsa reported rapid traction: from February to June 2026 registered agent users grew 150x, aggregate API calls and transactions processed grew 200x, and the company onboarded more than 50,000 registered agents without paid marketing. Customers such as Impossible Finance use the platform to access multiple models, data and APIs through a single programmable interface. AIsa integrates with agent frameworks like OpenClaw and Hermes and with emerging agent-payment initiatives from Circle, Visa and Stripe. The company has raised $6.5M to date and plans to invest in engineering, payments infrastructure, marketplace expansion and enterprise product features to scale agent transactions at internet scale.

  • Pharos

    Led · Series A · Apr 2026

    Pharos is building an "asset-native" layer 1 blockchain intended to support tokenized real-world assets such as bonds, energy projects and private credit. The network emphasizes parallel processing and compliance features aimed at handling regulated financial activity at scale. Pharos targets a market it values at $50 trillion and cites growth in on-chain real-world assets, which it noted totalled $24.3 billion. The project reports millions of users and unique addresses on its testnet and has partnerships, including with energy firm GCL for solar-backed assets. Financially, Pharos recently raised $44 million in a Series A and previously raised $8 million in a seed round, and a prior investment from GCL New Energy placed a near-$1 billion valuation on the firm. The company expects to debut its mainnet in the near future.

  • bolttech

    Participated · Series C · Jun 2025

    Bolttech provides embedded insurance solutions that integrate protection products into the customer purchase experience via a B2B2C model. The company acts as connective tissue between insurers, distribution partners and end customers, enabling insurance to be surfaced at the point of sale. It says it connects about 700 distribution partners with more than 230 insurers and covers over 6,500 products worldwide. Bolttech reports total annualized premiums of approximately $60 billion as of April, up from around $55 billion in May 2023. The startup plans to use new funding to boost R&D and improve its insurance technology, with particular focus on data analytics and AI. It also intends to expand further into Africa and North America and has struck a joint venture with Sumitomo to offer embedded insurance and end-to-end services in Asia. bolttech is a Singapore-based insurtech that builds a technology-enabled ecosystem for protection and insurance, with a particular focus on emerging consumers. The company serves customers in 30+ markets across North America, Asia and Europe. Led by Group Chief Executive Officer Rob Schimek, bolttech aims to expand its platform and ecosystem through technology. It received a $50M investment from LeapFrog Investments as an extension of its Series B, bringing the round to a total of US$246M. Proceeds will be used to support a global growth strategy focused on emerging markets and to expand its technology-enabled protection and insurance offerings. As part of the deal, bolttech will appoint Fernanda Lima of LeapFrog to its board as a Non-Executive Director. Bolttech offers embedded insurance via a B2B2C platform that connects more than 700 distribution partners with 230 insurance providers to offer roughly 6,000 products, including device protection as a flagship product. Its customers include Liberty Mutual, PayMaya, Progressive, Lazada, Samsung and Home Credit, and it holds licenses across Asia, Europe and all 50 U.S. states. The company quotes about $55 billion of annualized premiums and employs around 1,500 team members globally. Bolttech sells both white‑labeled and co‑branded protection products and enables insurance marketplaces inside partner apps such as JKOPay and Maya. The company intends to use recent funding to invest in proprietary technology and to pioneer AI/ML across the insurance and protection value chain, including computer vision, generative AI/NLP, advanced analytics and robotic automation. It also plans enhancements to its distribution technology, purchasing experiences, quoting engines, claims automation, fraud detection and inventory management. bolttech is a Singapore-based insurtech that provides a suite of digital and data-driven capabilities to connect insurers, distributors, and customers. Led by CEO Rob Schimek, the company aims to make it easier and more efficient to buy and sell insurance and protection products. bolttech has built a global footprint serving more than 7.7 million customers in 26 markets across North America, Asia, and Europe. The company completed a Series A round initially announced at US$180M and raised an additional US$30M as an extension, bringing the Series A total to US$210M. New strategic investors include Singapore-based EDBI and Mundi Ventures’ Alma Mundi Insurtech Fund alongside lead investor Activant Capital Group. The additional capital will be used to enhance technology and digital capabilities and to strengthen bolttech's presence in Southeast Asia, Europe, and its other existing markets. Led by CEO Rob Schimek, bolttech provides a full suite of digital and data-driven capabilities to power connections between insurers, distributors and customers. The company operates an insurance exchange that transacts US$5 billion in premiums and offers a gateway to more than 5,000 products and 150 insurance providers. bolttech has built a global presence serving more than 7.7 million customers across 14 markets in North America, Asia and Europe, and holds licenses in all 50 U.S. states and key markets in Asia and Europe. The company says it will use new funding to accelerate its growth strategy and solidify its market position. Its leadership and board include Peter Hancock, Robert Kyncl and Malcolm Turnbull.

  • 44.01

    Participated · Series A · Jul 2024

    44.01 develops mineralisation technology that accelerates the natural process of turning captured CO2 into stable rock, achieving permanent removal in less than twelve months. The company says its approach can be deployed where mafic and ultramafic rock formations exist, which are found on every continent, enabling global scalability. 44.01 has completed pilot projects in Oman and the UAE and won the Earthshot Prize in 2022; its Project Hajar was also named an XPRIZE Carbon Removal Top 20 Finalist. The business raised a $37M Series A to continue refining its technology, build commercial‑scale projects, and expand international deployment. The funding round signals investor confidence and will support commercialization and modular project rollouts as an alternative to conventional geological carbon storage. 44.01 is building a system to mineralize CO2 by accelerating the natural reaction between carbonated water and peridotite to produce calcite. Its approach uses engineered boreholes to maximize rock surface area and cyclic injection of highly carbonated water with no catalysts or toxic additives. The company is working the logistics side to minimize operational emissions, including a biodiesel supply line with Wakud and nighttime solar offset plans. A scientific committee including Peter Kelemen and Juerg Matter advises the effort, and 44.01 is partnering with Climeworks and other carbon‑capture companies to source CO2. The initial work is focused on the large exposed peridotite deposits on Oman's northern coast, with a possible first commercial site across the border in the UAE. The seed funding is intended to secure permits, studies and demonstration equipment; the company acknowledges the $5M is far short of building full commercial operations.

  • INTEGRATED WIND SOLUTIONS AS

    Led · Equity · Jun 2024

    IWS Fleet is the vessel‑operating subsidiary of Integrated Wind Solutions ASA focused on servicing the offshore wind industry with commissioning service operation vessels (CSOVs) and related supply‑chain services. The company owns two delivered CSOVs and has four additional CSOVs under construction, with deliveries scheduled in 2024 and 2025. IWS (the parent) holds a 74.62% ownership stake in IWS Fleet. The group also includes IWSServices A/S and a 30% stake in PEAK Wind Group. IWS Fleet’s services are positioned to reduce the levelised cost of energy (LCOE) for offshore wind projects. The company completed a strategic partnership transaction in which it raised equity financing as described in the notice.

Team

No current team members are available.