News & Information
Cellid Raises 700 Million Yen in Funding through TEL Venture Capital, Inc. and Others
Strategic Collaboration Begins with the Development of Display Modules for AR Glasses
Cellid announces that in March 2024, Cellid raised additional funding following its investment in May 2023 by TEL Venture Capital, Inc., a subsidiary of Tokyo Electron Limited (headquartered in Minato-ku, Tokyo; hereinafter "TEL")) and other investors. The total amount of funds raised, including investments from other general business companies, now totals 700 million yen, bringing the cumulative total raised to date of 2.9 billion yen.
Cellid is successfully developing display modules for augmented reality (AR) glasses delivering wide viewing angles, high efficiency, and high resolution through its unique design technology utilizing AI and nanotechnology. Cellid is aiming to build a strong market position, achieving cooperative growth, leading to overall business success.
【Keiichi Enjoji, President, TEL Venture Capital, Inc.】
TEL Venture Capital invests in innovative technologies that have synergies with TEL, and is
committed to creating win-win relationships with its portfolio companies as partners. With
this additional investment, we look forward to deepening the collaboration between Cellid
and TEL and are committed to making it even more successful.
【About Tokyo Electron】
As a leading global company of innovative semiconductor production equipment, Tokyo
Electron (TEL) engages in development, manufacturing, and sales in a wide range of product
fields. TEL provides outstanding products and services to customers through a global network
in the U.S., Europe, and Asia. TEL will contribute to technological innovation in
semiconductors through continuous technological innovation.
URL：https://www.tel.co.jp/