Visions - Fall 2017 - 5
Investment Spotlight: TruTag Technologies
New Technology Platform Provides Solutions
for Product Identity and Supply Chain Security
S
umitomo Corporation of Americas (SCOA) and Sumitomo Corporation (SC) announced their investment
in TruTag Technologies (TruTag) through the new Presidio Ventures SCOA Fund, LLC, Sumitomo's
platform for investing in startups. TruTag is the first investment made through the Presidio Ventures
SCOA Fund, and is a true milestone for the new Silicon Valley Office of SCOA.
TruTag serves as the world leader for precision fabrication of nano-porous silica, advanced mobile hyperspectral imaging, and data management to provide a
complete product identity and supply chain security
solution to improve the safety, traceability, and authenticity of branded products across broad industries.
Applications include edible on-product identity
solutions for food and medicine; and secure labels
and documents for businesses and governments. In
addition,TruTag's advanced spectral and spatial imaging
products are expanding into agricultural management,
smart farming, machine vision, biomedical imaging
and point-of-care diagnostics.
"Sumitomo Corporation of Americas is excited to
partner with TruTag and their impressive technology
platform," said Tom Wada, General Manager of
SCOA's Silicon Valley office. "We are confident that
our deep-rooted relationships and existing partnerships
across numerous industries will provide TruTag tremendous expansion, while deeply enhancing security
and traceability throughout the supply chain of these
networks."
TruTag Technologies and Sumitomo will collaborate
to bring TruTag's technology platform to diverse markets and industries where Sumitomo has deep business
experience and relationships across the world.
The partnership will adapt TruTag's technology
platform for product identity, traceability, and supply
chain management of various Sumitomo divisions
worldwide.
"We are looking forward to collaborating with
Sumitomo Corporation of Americas," said Michael
Bartholomeusz, Chief Executive Officer of TruTag
Technologies, "to build a globally-focused and
comprehensive product identity partnership that
will have a tremendous impact on Sumitomo's
existing markets as well as drive successful expansion
of TruTag's technology platform into exciting new
industries. We are excited to work with a company
of Sumitomo's caliber and to mutually provide an
industry-leading product identity platform across
diverse markets with significant real-world impact
to brand protection, product traceability, and
consumer safety."
Sumitomo Corporation of Americas
5
Table of Contents for the Digital Edition of Visions - Fall 2017
Contents
Visions - Fall 2017 - Contents
Visions - Fall 2017 - 2
Visions - Fall 2017 - 3
Visions - Fall 2017 - 4
Visions - Fall 2017 - 5
Visions - Fall 2017 - 6
Visions - Fall 2017 - 7
Visions - Fall 2017 - 8
Visions - Fall 2017 - 9
Visions - Fall 2017 - 10
Visions - Fall 2017 - 11
Visions - Fall 2017 - 12
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https://www.nxtbook.com/nxtbooks/sumitomo/visions-summer2017
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