Sumisei Innovation Fund

Sumisei Innovation Fund is the corporate venture capital arm of Sumitomo Life Insurance Company, established to foster open innovation and accelerate the creation of new value through investments in innovative startups. The fund focuses on building ecosystems with wellness-related companies, particularly in the health promotion sector, and aims to create customer experiences using new technologies and services, as well as promote digital transformation.

The fund's investment strategy emphasizes sectors such as healthcare, technology, fintech, sports tech, AI, and digital transformation. It targets startups at various stages, including seed, early, and growth phases, primarily within Japan. Notable portfolio companies include Runtrip, Exawizards, PREVENT, Toranotech, and Yorisou, which operate in areas like sports and outdoor, AI and technology, healthcare, fintech, and life events.

Through strategic investments and collaborations, Sumisei Innovation Fund seeks to drive innovation and contribute to the development of new business models, aligning with Sumitomo Life's commitment to responding to society's changing needs and enhancing customer value through technological advancements.