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Cellid Raises $13 Million to Advance AR Glasses Display Development

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Advancing Adoption through Enhanced Mass Production and Accelerated Product Launches

TOKYO, Feb. 6, 2025 /PRNewswire/ — Cellid Inc., a developer of AR glasses displays and spatial recognition engines for next-generation devices, today announced that it has raised a total of USD 13 million (JPY 2 billion) through a private placement with Development Bank of Japan Inc. as the lead investor, and through a third-party allotment of new shares to funds managed or involved in the management of More Management Co., Ltd.; CVC fund jointly established by Kyocera Corporation and Global Brain Corporation; 15th Rock, Inc.; and FFG Venture Business Partners Co., Ltd. This latest financing brings Cellid’s total funding raised to date to approximately USD 33 million (JPY 5.2 billion).

Cellid’s core business is the development of displays for AR glasses and spatial recognition engines. In particular, Cellid boasts the industry’s most advanced technology in the development and design of the world’s largest, widest field of view and lightest weight waveguide, and has succeeded in developing the first full-color projection technology using plastic materials.

Last November, Cellid announced the release of “Reference Design” (verification model) -eyeglass-type AR glasses that employs the optical see-through waveguide display method. By adopting our original waveguide, we succeeded in creating a design that is no different from that of ordinary glasses and lightweight (approx. 58g), and compared to conventional head-mounted display-type glasses, the new glasses reduce eye fatigue even after long hours of daily use.

This financing will enable Cellid to strengthen the lineup of products and reference designs that are key components of AR glasses, such as micro projectors and waveguides, and promote the development of business areas that make use of reference designs. Cellid will also accelerate the market launch of their products by strengthening their mass production system.

Underwriters

Development Bank of Japan Inc.More Management Co., Ltd.KVIF-I Limited Partnership(Limited partner: Kyocera Corporation; General partner: Global Brain Corporation)15th Rock, Inc. FFG Venture Business Partners Co., Ltd

Cellid CEO Satoshi Shiraga comments:

“We are honored that the Development Bank of Japan Inc. and other financial investors and partners have recognized Cellid’s business, which is centered on the development of displays for AR glasses and spatial recognition engines, as well as our growth potential. As AR glasses are increasingly attracting attention as a more accessible next-generation device, we are pursuing their evolution through the development of key components for AR glasses, such as waveguides and micro projectors. With this financing, we aim to accelerate the market launch of our products and contribute to the further adoption of AR glasses by acquiring top talent in Japan and abroad, while strengthening our technological development capabilities and expanding our mass production system.”

Investor Comments

Akira Nagai, Senior Vice President, Growth & Cross Border Investment Department, Development Bank of Japan Inc.

“AR glasses have been in the limelight in recent years as next-generation wearable devices, but innovation in lenses, a key component, is essential for their full-scale diffusion. In this context, we are highly impressed with Cellid’s world-class technology for waveguide lenses and the fact that it has established a supply chain through close collaboration with Japanese optical materials and semiconductor processing companies, which are highly competitive worldwide. DBJ feels that Cellid has the potential to become the de facto standard for waveguides and will do its utmost to support Cellid’s growth strategy in the future.”

Akihiro Matsuyama, Representative Director, More Management Co., Ltd. 

“We are pleased to announce that we have executed a follow-on investment in Cellid from our fund, whose lead investor is AXA Life Insurance Co. Ltd. We highly valued their advanced technologies related to AR and decided to invest for them to commercialize their products with global companies. We expect that their products will bring people’s relationship with computers closer and bring innovation to their lives. As a shareholder, we will actively support them.”

Shouichi Nakagawa, Executive Officer, Senior General Manager, Corporate R&D Group, Kyocera Corporation

“We are very pleased that KVIF-I has invested in Cellid. We are committed to cutting-edge research and development to fulfill our corporate Management Rationale, ‘contribute to the advancement of society and humankind’. AR and other XR technologies are building a new relationship between humans and computers. Glass waveguides and spatial recognition engines developed by Cellid are essential in our search for the next generation of key devices. We are committed to supporting Cellid as they take on the challenge of using their advanced technology to contribute to the advancement of society and humankind.”

Tetsu Nakajima, Founder/General Partner, 15th Rock, Inc.

“The AR glasses market continues to expand, with large companies expected to enter the market. Cellid, with its innovative manufacturing technology and knowledge, has huge potential for growth. 15th Rock, with a core focus on supporting innovations in Human Augmentation, will fully support Cellid’s mission by making the most of the knowledge and network it has cultivated to date.”

Miruto Ōhara, Investment Manager, Investment Department, FFG Venture Business Partners

“We are very pleased to invest in Cellid, a leading Japanese developer of AR glasses devices, which are rapidly gaining attention around the world, especially among big tech companies, as the next-generation device following smartphones. CEO Satoshi Shiraga and his management team have great potential to develop cutting-edge Japanese technology on a global scale. It is very exciting to imagine a near future in which Cellid’s products will be available in the market and in the hands of many people around the world. The entire Fukuoka Financial Group (FFG) is committed to supporting Cellid’s further growth and address of challenges.”

About Cellid
Cellid specializes in the development of advanced AR glass display modules, focusing on waveguides and spatial recognition engines for next-generation devices. Leveraging unique optical simulation and proprietary production technologies, Cellid has developed display modules as thin and lightweight as standard eyeglass lenses, delivering clear images and one of the world’s largest fields of view for waveguides. Additionally, Cellid offers industry-specific solutions powered by spatial recognition technologies such as Cellid SLAM. By integrating cutting-edge AR display hardware with real-world spatial recognition software, Cellid is driving the “Blending of Physical and Digital World,” making exceptional information tools more accessible, practical, and convenient for users worldwide

Media Inquiries: 

Michael Kornspan
michael.kornspan@strategicpr.biz 

 

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SOURCE Cellid Inc.

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Bossjob Partners with Top Universities to Help Graduates Kickstart Their Careers

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MANILA, Philippines, March 27, 2025 /PRNewswire/ — The number of college graduates in the Philippines is projected to reach 600,000 to 700,000 by 2025, intensifying competition in an already challenging job market. Recognizing the urgent need to bridge the gap between education and employment, Bossjob is taking proactive steps to empower fresh graduates. Through strategic partnerships with top universities across the country, Bossjob hosts career talks, job fairs, and other initiatives designed to connect graduates with the right opportunities. By providing a precise and accessible job search platform, Bossjob is committed to equipping young professionals with the tools they need to launch successful careers.

Build a bridge between universities and enterprises to help talents and enterprises accurately connect

As one of the leading platforms that actively focus on the Philippines’ career development, Bossjob has been actively collaborating with top universities and government agencies to bridge the gap between education and employment. Since the beginning of the year, Bossjob has successfully organized over ten career development events, including career dialogues, job fairs, and career lectures, offering graduates comprehensive career support. By leveraging university resources, these initiatives not only provide a precise job-matching platform but also equip students with essential coaching in job search strategies, career planning, and interview skills, ensuring a seamless transition into the workforce.

At career fairs hosted by institutions like Mapúa University and the University of the Philippines, Bossjob established dedicated booths that attracted a significant number of graduates and alumni seeking career guidance. Through the platform, students and young professionals can create personalized career profiles and receive tailored job recommendations based on their skills, interests, and career aspirations—helping them take confident steps toward their professional goals.

Bossjob continues to expand its impact by actively participating in job fairs organized by the Public Employment Service Office (PESO) across various municipalities, including Muntinlupa, Parañaque, Antipolo, and Pasay. These events have created valuable employment opportunities for local job seekers. As an exhibitor, Bossjob not only assists candidates in building personalized career profiles but also connects them with job opportunities that align with their skills and aspirations.

Further strengthening its commitment to career empowerment, Bossjob has launched the “Like a Boss” webinar series, featuring industry experts who provide practical job search strategies and career development insights. These free sessions equip college graduates and young professionals with essential skills, helping them stand out in a competitive job market and advance their professional journeys with confidence.

Focusing on women’s employment and promoting workplace equality and diversity

Bossjob’s initiatives go beyond providing career resources for graduates—they also champion workplace diversity and gender equality. Recognizing the challenges women face in employment, Bossjob is committed to fostering an inclusive job market that drives sustainable development in the Philippines.

According to Labor Force Statistical Data from the Philippine Statistics Authority (PSA), while more Filipino women are earning university degrees, their employment rates remain lower than those of men, who continue to dominate the workforce.

In response, Bossjob marked Women’s Month in March by partnering with PESO in Pasay and Malabon to host job fairs focused on female employment. The Pasay event alone attracted over 600 job seekers, with women making up more than 60% of the attendees. Beyond offering diverse job opportunities, these events provided one-on-one career guidance, empowering women to break into traditionally male-dominated industries and advance workplace gender equality.

Bossjob CEO Anthony said, “Career development is not just about finding a job, but also an important way to achieve personal value and social progress. In the future, Bossjob will continue to provide comprehensive career support for job seekers, not only deepening cooperation with universities to provide career development support for more graduates, but also creating more equal opportunities for female job seekers and promoting sustainable development of Philippine society.”

Photo Links: https://drive.google.com/drive/folders/1moVBhVPcJEroBGChZTDbAU7MtO7g2t3D?usp=drive_link 

 

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Genomize and Genomenon Partner to Empower Researchers and Clinicians with Comprehensive Genomic Insights

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Integration of Mastermind and Cancer Knowledgebase (CKB) Data To Drive Unprecedented Efficiency in Genomic Data Analysis

ISTANBUL and ANN ARBOR, Mich., March 27, 2025 /PRNewswire-PRWeb/ — Genomize, a leader in high-end digital solutions for bioinformatics analysis of next-generation sequencing (NGS) data, and Genomenon, a leading genomic intelligence company, today announced their partnership to integrate data from Mastermind Genomic Intelligence Platform and Cancer Knowledge Base (CKB) into the Genomize’s SEQ Platform. This collaboration will enable Genomize to incorporate both germline and somatic curated data from Genomenon, setting a new benchmark for comprehensive genomic interpretation.

“By partnering with Genomize, we’re expanding access to our curated genomic data, reaching a wider audience, including organizations in the Europe, Middle East, and Asia through Genomize’s operations,” said Mike Klein, CEO of Genomenon.

The integration of Mastermind and CKB into Genomize’s workflow enhances the SEQ Platform’s ability to deliver rapid, precise, and actionable insights for researchers and clinicians. Mastermind offers an unparalleled genomic literature database, while CKB provides expertly curated somatic variant evidence. Together, they will empower Genomize users with a holistic view of genomic data, bridging the gap between research and clinical applications.

“We are thrilled to partner with Genomenon to integrate both Mastermind and CKB into our platform,” said Erşen Kavak, CEO of Genomize. “This collaboration reinforces our commitment to providing the most comprehensive and accurate genomic insights, ultimately improving patient outcomes and advancing precision medicine.”

“By partnering with Genomize, we’re expanding access to our curated genomic data, reaching a wider audience, including organizations in the Europe, Middle East, and Asia through Genomize’s operations,” said Mike Klein, CEO of Genomenon. “The integration will ensure that their users have access to the most complete and up-to-date genomic insights available, facilitating more informed decision-making in both research and clinical settings.”

This strategic partnership aligns with both companies’ missions to streamline genomic analysis by delivering cutting-edge solutions that accelerate discoveries and clinical decision-making. By leveraging Genomenon’s powerful datasets, Genomize users will gain access to deeper variant interpretation capabilities, driving innovation in personalized medicine.

About Genomize

Genomize creates innovative, high-end digital solutions for bioinformatics analysis of NGS data. With a commitment to accuracy, efficiency, and accessibility, Genomize empowers researchers and clinicians with state-of-the-art tools to decode the complexities of genetic information.

Genomize’s SEQ Platform is a cloud-based, CE-IVD-certified, GDPR-compliant variant annotation tool designed to deliver fast and reliable diagnoses. With its AI-assisted Variant Prioritization and intuitive, easy-to-use user interface, the SEQ Platform allows users to perform long-read, whole genome, and whole exome sequencing analyses starting from FASTQ, VCF, or gVCF formats.

About Genomenon

Genomenon is a leading genomic intelligence company transforming patient care by uncovering the genomic drivers of genetic disease and cancer. By combining the power of AI built on the world’s premier genomic data set with genomic expertise, the company simplifies complex genetic data into actionable insights. Genomenon’s integrated software, data, and services solutions empower clients with advanced patient diagnosis and precision medicine development.

Media Contacts:

Genomenon:
Colleen McMillen
cmcmillen@genomenon.com

Genomize:
Ahmet Can Turkoglu
ahmetcan@genomize.com

Media Contact

Colleen McMillen, https://www.genomenon.com, 9173449360, cmcmillen@genomenon.com, https://www.genomenon.com

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SOURCE Genomenon

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Yiren Digital Partners with klikUMKM to Deliver AI-Driven Financial Solutions Across Indonesia

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BEIJING, March 27, 2025 /PRNewswire/ — Yiren Digital Ltd. (NYSE: YRD) (“Yiren Digital”), an AI-powered platform providing a comprehensive suite of financial and lifestyle services in China, today announced the formation of a strategic joint venture (the “JV”) with PT. Pinjaman Kemakmuran Rakyat (“klikUMKM”) and PT. Artha Digital Investama, member of Artha Graha Network (altogether “AG Network”).  AG Network is a leading Indonesian conglomerate with businesses in finance, retail, agriculture, telecommunications, and manufacturing. The partnership combines Yiren Digital’s cutting-edge financial technology expertise and AG Network’s deep local market knowledge to develop innovative digital solutions, addressing the growing demand for accessible financial services and inclusive finance in Southeast Asia’s largest economy.

Under the collaboration, Yiren Digital will integrate its AI-driven capabilities and proprietary technologies into the JV’s operations, including advanced risk management algorithms, automated customer service platforms, and data-driven marketing solutions. The technological foundation will enable the platform to scale efficiently and deliver secure, customer-centric financial services tailored to the Indonesian market.

The JV will also capitalize on AG Network’s established local market presence and regulatory expertise, which includes compliance with local regulatory requirements and a nuanced understanding of domestic market dynamics. AG Network’s support is expected to expedite regulatory approvals and ensure swift market entry for the JV.

The JV is expected to commence operation in the second half of 2025.

Beyond the JV, the partnership aims to explore additional technology collaborations, supporting AG Network’s broader digital transformation initiatives across its diverse business portfolio.

Mr. Ning Tang, Chairman and CEO of Yiren Digital, commented: “The partnership with AG Network marks a significant milestone in our international expansion strategy. It underscores our AI capabilities in credit financing and our ability to deploy these technologies at scale. I am confident that this collaboration will drive financial and technological innovation in Indonesia’s market of 281 million people, fostering greater financial inclusion.”

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “target,” “confident” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Yiren Digital’s control. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to Yiren Digital’s ability to attract and retain borrowers and investors on its marketplace, its ability to introduce new loan products and platform enhancements, its ability to compete effectively, PRC regulations and policies relating to the peer-to-peer lending service industry in China, general economic conditions in China, and Yiren Digital’s ability to meet the standards necessary to maintain the listing of its ADSs on the NYSE or other stock exchange, including its ability to cure any non-compliance with the NYSE’s continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in Yiren Digital’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Yiren Digital does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

About Yiren Digital

Yiren Digital Ltd. is an advanced, AI-powered platform providing a comprehensive suite of financial and lifestyle services in China. Our mission is to elevate customers’ financial well-being and enhance their quality of life by delivering digital financial services, tailor-made insurance solutions, and premium lifestyle services. We support clients at various growth stages, addressing financing needs arising from consumption and production activities, while aiming to augment the overall well-being and security of individuals, families, and businesses.

About Artha Graha Network 

Headquartered in South Jakarta, Artha Graha Network is a leading Indonesian conglomerate with business spanning financial services, real estate development, retail management, agriculture and telecommunication. Artha Graha Network provides innovative, sustainable finance solutions and banking services, driven by digital innovation and a commitment to financial inclusion.

 

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