3D Glass Solutions, Inc. announced that it expects to receive $20 million in funding from a group of investors
November 29, 2021
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3D Glass Solutions, Inc. announced that it has received $20 million in its first tranche led by new investor, Intel Capital Corporation on November 30, 2021. The transaction also included participation from CerraCapital Ventures, Nagase & Co., Ltd. and existing investor, Lockheed Martin Ventures. As a part of the transaction, Intel Capital's David Flanagan, Lockheed Martin's Jeff Cunningham and Nagase's Yoriyuki Yamashiro to join company's board of directors.
Nagase & Co Ltd is a Japan-based company mainly engaged in the import, export, manufacture and sale of a wide range of products. The Company operates through five business segments. Functional Materials segment offers raw materials for paints, inks, adhesives, and other products. Processed Materials segment offers dyes, pigments, functional pigments, resins, automotive repair and conductive paints and others. Electronics and Energy segment offers modified epoxy resins, fluorine products, and materials and equipment for semiconductor, display, as well as energy management system proposals, battery evaluation and healthcare services. Mobility segment offers general synthetic resins, and other materials and parts for automobile. Life-related segment offers raw materials for pharmaceuticals and agrochemicals, food additive, cosmetic additives, and radiation measurement service. The Company also offers logistics services, information processing and other professional services.