Stathera Inc. announced that it has received $15 million in funding from BDC Capital Inc., Celesta Capital, Seiko Epson Corporation, TXC Corporation, MediaTek Inc.
May 17, 2023
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Stathera Inc. announced that it has received $15,000,000 in its series A round of funding co-led by new investors, Deep Tech Venture Fund, a fund managed by BDC Capital Inc. and Celesta Capital on May 18, 2023. The transaction includes participation from new investors Seiko Epson Corporation, TXC Corporation and MediaTek Inc.
Seiko Epson Corporation specializes in the design, manufacturing and marketing of printing, visual communication and watchmaking equipment and systems, and industrial devices. Net sales break down by family of products as follows:
- printing equipment (71%): printers, scanners, copiers, digital presses, fax machines, ticket printers, labellers, etc. for businesses and individuals. The group also offers consumables (ink cartridges, toners, ribbons, etc.);
- visual communication systems (14.2%): multimedia projectors, smart glasses, LCD displays, etc. ;
- watches and industrial products (14.1%): electronic and mechanical watches, wristwatches, chronometers, optoelectronic devices, precision machine tools, robotic systems, mechatronic products, micro-devices, etc.
- other (0.7%).
At the end of March 2021, Seiko Epson operated 27 production sites worldwide.
Net sales are distributed geographically as follows: Japan (22.3%), the United States (21%), China (14.5%) and other (42.2%).
Stathera Inc. announced that it has received $15 million in funding from BDC Capital Inc., Celesta Capital, Seiko Epson Corporation, TXC Corporation, MediaTek Inc.
SEIKO EPSON CORPORATION 
