Brelyon, Inc. announced that it has received $15 million in funding from Franklin Resources, Inc., Corning Incorporated, The E14 Fund, Lockheed Martin Ventures, LG Technology Ventures, UDC Ventures and other investors
September 19, 2022
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On September 20, 2022, Brelyon, Inc. closed the transaction. The company raised $15,000,000 in the transaction with $3,451,645 in its second and final tranche. The transaction was co-led by Lockheed Martin Ventures and returning investor The E14 Fund with participation from Corning Incorporated, LG Technology Ventures, new investor UDC Ventures, and Franklin Resources, Inc.
Corning Incorporated is the world leader of the production and the marketing of substrata of glass and ceramic of specialty. Net sales break down by market as follows:
- telecommunications (29.6%): products of fiber optical, cables, etc. for networks of communication;
- electronic large public (26%): glass substrata intended for screens of televisions sets LCD, PC and laptops;
- environment (13%): substrata of ceramic and filters intended for systems fight against vehicles emissions;
- life science (7.1%): in particular optical biosensors for pharmaceutical research;
- other (24.3%): solutions based on plastic and glass of specialty intended notably to the sectors of semiconductors, aerospace, defense, astronomy and metrology.
Net sales are distributed geographically as follows: the United States (32.7%), North America (3%), Asia/Pacific (51.5%), Europe (11.3%) and other (1.5%).
Brelyon, Inc. announced that it has received $15 million in funding from Franklin Resources, Inc., Corning Incorporated, The E14 Fund, Lockheed Martin Ventures, LG Technology Ventures, UDC Ventures and other investors
CORNING INCORPORATED 
