Stake Purchase • Software

Sumitomo Invests In Earth Science Analytics AS

On September 3, 2020, Sumitomo invested in software company Earth Science Analytics AS

Investment Context
  • This is Sumitomo’s 1st transaction in the Software sector.
  • This is Sumitomo’s 2nd transaction in Norway.

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Investment Summary

Date September 3, 2020
Target Earth Science Analytics AS
Sector Software
Investor(s) Sumitomo
Deal Type Stake Purchase

Target Company

Earth Science Analytics AS

Stavanger, Norway
Earth Science Analytics AS is a technology company providing artificial intelligence (AI) based software for subsurface big-data analytics in the geoscience domain. Earth Science Analytics was founded in 2016 and is based in Stavanger, Norway.
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Investor Overview 1

Investor

Sumitomo

Tokyo, Japan

Category Company
Founded 1919
Sector Distribution
Employees74,920
Revenue 7.29T JPY (2025)
DESCRIPTION

Sumitomo is a global network and based on trust from companies in various industries and from consumers, Sumitomo Corporation engages in multifaceted business activities by making the most of its Integrated Corporate Strength. These business activities include sales of a variety of products and services within Japan, import and export, trilateral trade, and domestic and international business investment. Sumitomo was founded in 1919 and is based in Tokyo, Japan.


Deal Context for Investor #
Overall 39 of 50
Sector: Software 1 of 1
Type: Stake Purchase 10 of 12
Country: Norway 2 of 2
Year: 2020 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-07 H2Pro

Israel

H2Pro Ltd. is a startup company that develops new hydrogen production technology. H2Pro was founded in 2019 and is based in Israel.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-06 HawkEye 360

Herndon, Virginia, United States

HawkEye 360 is a provider of geospatial information solutions that will use radio frequency (RF) technology to help monitor global activity across air, land, and sea and assist with emergencies. HawkEye 360 was founded in 2015 and is based in Herndon, Virginia.

Sell -

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