TruTag Technologies, Sumitomo Corporation of Americas form global strategic partnership
TruTag Technologies and Sumitomo will collaborate to bring TruTag’s technology platform to diverse markets and industries across the world.
TruTag Technologies, Emeryville, Calif., announced a strategic partnership with Sumitomo Corporation of Americas, New York, and an investment in TruTag by Sumitomo’s corporate venture capital fund, Presidio Ventures, Santa Clara, Calif.
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. 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.