TDK Ventures Invests in Biomagnetic Medical Imaging Company Genetesis
TDK CORP S/ADR (TTDKY)
NASDAQ:AMEX Investor Relations:
global.tdk.com/corp/en/ir/index.htm
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Source: Business Wire
Magnetocardiography (MCG) based technology company, Genetesis, is TDK Ventures’ fifth investment from its $50 million venture fund, and first in the healthcare space.Ohio-based Genetesis develops advanced medical imaging solutions for cardiac diagnostics.Genetesis will leverage TDK Corporation’s global reach and deep expertise in biomagnetic sensors, piezo actuators, magnetic noise suppression, MEMS technologies, electronics. SAN JOSE, Calif.--(BUSINESS WIRE)--TDK Corporation (TSE:6762) announces that subsidiary TDK Ventures Inc. adds to its growing portfolio of companies with an investment in Genetesis, a world leader in non-invasive biomagnetic imaging. Genetesis is the fifth investment by the TDK corporate venture capital (CVC) fund, and first in digital healthcare, since its July 2019 launch – with a mission to invest in innovative startups focusing on digital and energy transformation and contributing to sustainability.“TDK’s rich history in magnetics and its recent breakthrou
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