
Investments
17Portfolio Exits
5About TEL Venture Capital
TEL Venture Capital is the venture capital arm of Tokyo Electron. Its investments cover a range of technologies from impacting Tokyo Electron's core semiconductor and flat panel display businesses, such as process, design, material, hardware/software, sustainability/conservation and other peripheral areas, to other Silicon fabrication and other process technology. TEL Venture Capital's offices are located in Fremont California.

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Latest TEL Venture Capital News
Jan 20, 2023
Share Enthought products and services will catalyze TEL’s innovation potential, expand Enthought’s footprint in Japan Enthought , a company powering digital transformation for science, announced it has entered into a five-year agreement with Japanese electronics and semiconductor company, TEL, to provide services and software to accelerate their digital transformation (DX) initiatives. Additionally, TEL Venture Capital made an equity investment in the company. Since 2018, TEL has engaged Enthought to deliver its integrated solutions of software, services and the upskilling of TEL’s internal teams to successfully execute its digital transformation strategy. The new agreement will extend and broaden the success of these initiatives. “We have enjoyed a fruitful relationship with TEL over the years, and are incredibly excited for the opportunity to continue sharing our domain expertise and integrated people, process and technology approach with their team” “As the semiconductor industry continues to grow and evolve, having a robust digital transformation infrastructure in place is critical to accelerating the speed of chip development, improving productivity and meeting global demand,” said Dr. Shinako Matsuyama , Vice President at TEL. “Over the past four years that we’ve partnered with Enthought, their team has played a key role in ensuring our teams have the tools and digital capabilities that drive improved operational efficiency, enable us to serve our customers better and accelerate innovation to achieve value from new opportunities, faster than ever before. We look forward to expanding our DX capabilities even further in this next chapter with Enthought.” To form a fully realizable digital transformation strategy, change must be foundational, iterative and comprehensive. Enthought’s unique approach combines technology and deep scientific expertise to enable faster discovery and continuous innovation across a variety of functions within the semiconductor industry. “We have enjoyed a fruitful relationship with TEL over the years, and are incredibly excited for the opportunity to continue sharing our domain expertise and integrated people, process and technology approach with their team,” said William Cowan, President at Enthought. “This agreement is a testament to TEL’s vision of digital transformation as a key driver for sustainable competitive advantage now and into the future.” “As a world-leading semiconductor equipment manufacturer, TEL tirelessly pursues innovation in support of our mission to contribute to a dream-inspiring society through our leading technologies and reliable service and support. Our investment in Enthought acknowledges the success achieved from our relationship and our confidence it will continue to support TEL to deliver on our promises and pave the way for cutting-edge advancements in the semiconductor industry,” added Keiichi Enjoji, President of TEL Venture Capital.
TEL Venture Capital Investments
17 Investments
TEL Venture Capital has made 17 investments. Their latest investment was in Cellid as part of their Series B - II on June 6, 2023.

TEL Venture Capital Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
6/23/2023 | Series B - II | Cellid | Yes | 1 | ||
1/20/2023 | Unattributed VC | Enthought | Yes | 1 | ||
11/17/2020 | Series B | Ferroelectric Memory Company | $20M | Yes | 10 | |
10/28/2020 | Series C | |||||
2/4/2020 | Seed VC |
Date | 6/23/2023 | 1/20/2023 | 11/17/2020 | 10/28/2020 | 2/4/2020 |
---|---|---|---|---|---|
Round | Series B - II | Unattributed VC | Series B | Series C | Seed VC |
Company | Cellid | Enthought | Ferroelectric Memory Company | ||
Amount | $20M | ||||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 1 | 10 |
TEL Venture Capital Portfolio Exits
5 Portfolio Exits
TEL Venture Capital has 5 portfolio exits. Their latest portfolio exit was Luxtera on December 18, 2018.
TEL Venture Capital Acquisitions
2 Acquisitions
TEL Venture Capital acquired 2 companies. Their latest acquisition was Wireless Matrix on September 19, 2008.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
9/19/2008 | Other Venture Capital | Acquired | ||||
6/14/2004 |
Date | 9/19/2008 | 6/14/2004 |
---|---|---|
Investment Stage | Other Venture Capital | |
Companies | ||
Valuation | ||
Total Funding | ||
Note | Acquired | |
Sources |
TEL Venture Capital Team
1 Team Member
TEL Venture Capital has 1 team member, including current President, Keiichi Enjoji.
Name | Work History | Title | Status |
---|---|---|---|
Keiichi Enjoji | President | Current |
Name | Keiichi Enjoji |
---|---|
Work History | |
Title | President |
Status | Current |