Toyoda Gosei Invests in Genial Light, a Medical Device Development Startup
Kiyosu, Japan, March 30, 2021: Toyoda Gosei Co., Ltd. has invested in Genial Light Co., Ltd., a startup that develops testing equipment and other devices for medical institutions, with the aim of promoting product development in the healthcare field.
In recent years, Toyoda Gosei has focused increasingly on innovations that exploit its core technologies in order to achieve sustainable growth during a time of great upheaval in the automotive industry. The company is pioneering new businesses and developing products in the healthcare and other fields for which there is rising social demand. Examples include the development of deep UV LEDs for bacterial and viral disinfection and e-Rubber, a new material that is promising for use as a flexible sensor.
Since its foundation in 2006, Genial Light has worked together with medical device manufacturers and applied its optical technologies to develop small inspection devices for international markets. This includes devices that provide highly accurate measurements of biological information, such as pulse and blood components, and devices that measure blood in patients’ urine and hemoglobin concentration while they are receiving dialysis.
Toyoda Gosei will integrate Genial Light’s expertise in the medical and healthcare business in accelerating practical application of products that contribute to a healthier and safer society.
Outline of Genial Light
|Company name||Genial Light Co., Ltd.|
|Location||Taijuseimei Hamamatsu Building 8F, 145-1 Tokiwacho, Naka-ku, Hamamatsu, Shizuoka, Japan|
|Capital||223 million yen (as of February 28, 2021)|