Elcyo Successfully Raises Funds in Seed Round
We are pleased to announce that Elcyo has successfully raised 70 million yen in seed funding, recognizing our innovation and business potential. This round was supported by ANRI Inc., WAKASA SEIKATSU Co., Ltd., and angel investors.
Elcyo's achievements have also been featured in the online edition of The Nikkei (October 24, 2023) and the print edition (October 25, 2023).
「スマホで度数変える老眼鏡 エルシオ、24年に試験販売」(Nikkei Online)
About Elcyo
Elcyo is a Tohoku University-affiliated startup developing auto-focus glasses that automatically adjust focus using advanced liquid crystal lens technology. Through our innovative lens development, we aim to address vision problems caused by eye diseases and enhance people's quality of life by making everyday living more comfortable and convenient.
Elcyo's auto-focus glasses offer real-time, optimal vision correction by sensing the user's eyes. This technology not only helps prevent eye diseases and lifestyle-related conditions, which are becoming significant societal issues, but also promotes overall health starting from the eyes. Additionally, we are working towards creating and popularizing a new healthcare platform system that integrates seamlessly with these auto-focus glasses.
Background of the Fundraising
Elcyo was founded as a university spin-off after years of technological development at Osaka University, with the mission to alleviate the suffering associated with vision problems and create a world free from the stress of impaired vision.
Supported by the NEDO Entrepreneurs Program (a grant program for R&D startups by NEDO), we have been developing a prototype of adjustable eyewear. With this recent funding, we will advance to producing pre-mass-production models and further develop next-generation technologies.
Recruitment
Elcyo is actively seeking new members to join us as we intensify our R&D efforts on smart glasses equipped with liquid crystal lenses.
We are looking for individuals who are eager to take on new technological challenges to help support the daily lives of people around the world. If you are interested, please feel free to contact us using the details below.
Email:contact@elcyo.co.jp
LinkedIn:https://www.linkedin.com/company/elcyo-co-ltd
Facebook:https://www.facebook.com/Elcyo.Co.Ltd
X(formerly Twitter):https://twitter.com/elcyo_glasses
[Click here for the full release (in Japanese)]