Tdk Corp - TTDKY STOCK NEWS

TDK Corporation's subsidiary, TDK Ventures, has invested in Verana Networks, a 5G radio access network innovator. This partnership targets the rapidly growing 5G infrastructure market, projected to reach $115 billion by 2026. Verana's RAN solutions promise significant cost savings and improved installation efficiency, crucial for addressing increasing demand for 5G data. With prior funding of over $10 million and interest from industry leaders, Verana aims to enhance 5G deployments with its new software-defined hardware.

TDK Ventures has invested in VueReal, a microLED developer, aiming to enhance its microprinting manufacturing process. This investment supports VueReal's approach to streamline production and improve performance in the display sector, particularly for smartphones, automotive displays, and AR/VR applications. VueReal's innovative method is designed to achieve high precision and yield, allowing for over 100x increase in microLED transfer speed. With the display market valued at $150 billion, this partnership seeks to transform microLED technology into a mainstream solution, offering significant advantages over OLED.

TDK Corporation (TOKYO:6762) has partnered with the World Athletics Championships Oregon22, marking the first time this prestigious event will be hosted in the United States from July 15-24. The company has a long history of sponsorship, dating back to the inaugural event in 1983. TDK will support global athletes with a $100,000 reward for new world records and will showcase its TDK-Lambda power supply at the event. Approximately 2,000 athletes will compete in various events, highlighting TDK's commitment to innovation and technology in sports.

TDK Corporation's subsidiary, TDK Ventures, is hosting DX Week 2022 from April 18-22, featuring over 30 speakers discussing advancements in digital transformation. The event will consist of five sessions covering topics like the Metaverse, Connectivity, Edge Computing, Industry 5.0, and the Future of Mobility. Notable speakers include leaders from IBM, HTC VIVE, NIST, and Texas Instruments. TDK Ventures focuses on investing in startups to drive innovation in materials science and digital transformation. For registration and details, visit the official site.

TDK Corporation's subsidiary, TDK Ventures, has invested in green hydrogen company Verdagy to accelerate hydrogen electrolysis technology commercialization. This investment, part of TDK's commitment to clean technology, follows Verdagy's recent spin-off from Chemetry and aims to scale production of green hydrogen, crucial for decarbonizing industries. The $25M funding round, involving multiple investors, will support Verdagy in demonstrating its first commercial electrolyzer stack. Verdagy's innovative approach combines alkaline and proton-exchange electrolysis, promising low operational costs and compliance with U.S. Department of Energy targets.

Faction, a San Francisco-based startup, is revolutionizing urban transportation with its innovative driverless three-wheel autocycle platform aimed at micro-logistics. Developed at a cost under $30,000 per unit, these electric vehicles are designed to compete with ride-sharing and delivery services. TDK Ventures has partnered with Faction to accelerate the commercialization of this sustainable solution. Faction's unique approach avoids retrofitting existing vehicles, allowing for optimized design tailored for autonomy and reduced congestion, and targets urban trips that typically involve one passenger traveling less than five miles.

TDK Ventures has invested in the Series B financing of actnano, a company specializing in nanomaterials technology for electronics protection. The investment is part of a $21.75 million funding round led by BMW i Ventures. actnano's coatings are designed to protect automotive electronics from environmental factors, with applications already in 1.2 million vehicles. TDK Ventures aims to support startups that innovate in materials science, contributing to advancements in industries such as electric vehicles and consumer electronics.

TDK Corporation announced that its subsidiary, TDK Ventures, has invested in the biotech company Mekonos, which specializes in integrated molecular delivery chips for cell and gene therapies. This investment aligns with TDK's commitment to MEMS and BioMEMS innovations aimed at scaling healthcare solutions. The global market for cell and gene therapy is projected to reach $70.5 billion by 2026, growing at a CAGR of 52%. Mekonos has raised $25 million in a Series A round, with TDK joining other notable investors to advance novel therapies.

TDK Ventures Inc. will host its inaugural Energy Week from October 18-22, 2021, featuring over 30 leaders in the battery and energy sectors. The online event aims to discuss the shift in the energy industry and inspire new entrepreneurs to address major energy challenges. Each day will focus on specific topics such as Battery Management Systems and Energy Storage Systems. Registration for this free event is available online. TDK Ventures aims to foster innovation in energy transformation, aligning with a sustainable future.