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Sumitomo, a leading Japanese conglomerate, has carved a niche in African startups through its corporate-focused investment strategy. Their portfolio boasts prominent players like M-KOPA, a pioneering off-grid energy solutions provider. Sumitomo's focus on strategic partnerships with established corporations sets it apart, enabling them to leverage deep industry knowledge and market access for their portfolio companies.

Type
Venture Capital

Sumitomo's Portfolio in Africa

Sumitomo has made over 1 notable investments in African startups. Their most recent investment was in M-KOPA, announced on December 18th, 2018.
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Sumitomo's Investment activity in Africa

With over $0 invested in African startups, their latest investment was a Corporate round in M-KOPA, announced on December 18th, 2018, closing at an undisclosed amounts.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Corporate
M-KOPA
KenyaDec 18, 2018Undisclosed
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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Sumitomo's Investment Distribution in Africa.

Sumitomo's currently has Startuup investments spread across the following location(s)

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