CVC Details: Sumitomo Life Insurance Company

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1. Company Overview

Company Name: Sumitomo Life Insurance Company
Overview: Sumitomo Life aims to be a trusted and needed insurance company by continuously responding to society's changing needs. Through promoting open innovation, it accelerates the creation of new value through venture capital fund investments and collaborations with companies.

2. Website URL

https://www.sumitomolife.co.jp/about/cvc/

3. Investment Policy

The CVC of Sumitomo Life, SUMISEI INNOVATION FUND, invests in the following areas:

• Building ecosystems with wellness-related companies focusing on health promotion activities
• Well-Being domain
• Creation of customer experiences using new technologies and services
• Promotion of DX (Digital Transformation)

Reference site: https://www.sumitomolife.co.jp/about/cvc/

4. Investment Performance

• Runtrip: Sports and Outdoor
• Exawizards: AI and Technology
• PREVENT: Healthcare
• Toranotech: Fintech
• Yorisou: Life Events

5. Related Articles & Releases

• Sumitomo Life and SOXAI collaborate to create and expand well-being services (Nikkei)
• ACCELStars partners with Sumitomo Life Insurance Company to promote business collaboration (ACCELStars)
• Sumitomo Life and SOXAI collaborate to improve sleep habits (Bizzine)
• Investment from CVC to promote business collaboration with Sumitomo Life Insurance Company (PR TIMES)

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