
TEL Venture Capital
2859 Bayview Dr., Fremont, CA, 94538, United States
Overview
TEL Venture Capital firmly believe that their future is built on a foundation of trust. It is essential that they make efficient use of their resources to continue leading the digital age and that they take responsibility to fulfill their promises, without fail. To that end, they are firmly committed to the future success of their customers, shareholders, partners, and local communities.
- Total investments
- 12
- Lead investments
- 3
- Investments · 12mo
- 1
- Active investors
- 7
Investment portfolio
- Phosio
Participated · Seed · Jun 2026
Phosio develops high refractive index metal oxides and a proprietary thin-film thin-film platform designed to integrate display functionality directly into everyday eyewear. The technology aims to reduce cost, bulk, and power demands of current AR display systems to enable all-day wearable glasses at consumer-friendly price points. The company was co-founded by CEO Omid Sadeghi, Cory Perkins, and materials scientist Douglas Keszler and brings together expertise in advanced materials science, optics, and semiconductor manufacturing. Phosio highlights team experience that includes former Meta personnel and members of the early scale-up team from Inpria. Financially, Phosio recently raised a $4 million seed round led by MESH with several strategic investors to accelerate commercialization. The company is engaging partners across the semiconductor and consumer electronics ecosystems as it moves toward commercial production.
- ChEmpower
Participated · Series A · Apr 2025
ChEmpower develops abrasive-free polish pads and chemically reactive chemistry for planarization, offering an alternative to traditional CMP that aims to produce defect-free surfaces and improve chip yields. Its core product set includes polishing pads and chemical solutions designed to create superior planarity without abrasives, demonstrated on an abrasive-free 300mm copper technology. The company has established a pilot line for pad production and announced strategic partnerships with leading semiconductor companies. ChEmpower plans to scale its manufacturing systems, commercialize its product offerings, and recruit engineering, business development, and operations talent to expand market reach. The firm emphasizes sustainability by recovering water used in planarization, addressing an industry issue where up to 40% of fab water usage is tied to the planarization process. ChEmpower raised $18.7M in a Series A to accelerate operations and deployment of its technology across fabs worldwide.
- wooptix
Participated · Series C · Feb 2025
Wooptix builds semiconductor metrology systems based on wavefront phase imaging, a technique adapted from adaptive optics research in astronomy. Its flagship product, Phemet®, delivers industry-leading lateral resolution, near real-time process capability and can collect over 16 million data points with sub-nanometer height resolution. Phemet® has been adopted by major semiconductor manufacturers and is on track for full automation and factory-floor deployment for in-line testing in the coming months. The company says its tools rapidly and accurately detect nanoscale defects, addressing growing precision and efficiency demands driven by AI and advanced chip designs. Wooptix has an international presence across Europe, the United States and Asia, with offices in Tenerife, Madrid and San Francisco and headquarters in Spain. The new funding will accelerate product development, expand international reach and scale the team to meet growing industry demand. Wooptix commercializes semiconductor metrology equipment built around its patented Phemet® wavefront phase‑imaging sensor, which measures blank and patterned wafer shape and warpage with higher resolution and in less time than incumbent systems. The company says Phemet® attains nanometer‑scale sensitivity while remaining transportable (about a metric ton), enabling lab and fab deployments. Wooptix plans to automate Phemet® to reduce contamination risk and improve measurement reproducibility, and to integrate the system into existing semiconductor tools from vendors. The business is transitioning from R&D toward product and manufacturing, building infrastructure, procedures, and certifications to support customers as it begins initial tool deliveries. Financially, Wooptix announced a €10 million Series B and was awarded a €2.5 million EIC Accelerator grant that will support product introduction and further technological innovation. The company operates from Tenerife, Madrid, and San Francisco and was founded in 2014. Wooptix is a spin‑off of the University of La Laguna (Tenerife) led by inventor José Manuel Rodríguez Ramos and co‑founders Javier Párraga (CEO) and Javier Elizalde. Its core product, Natural3D, is an image‑processing technology that can produce 3D images and video from standard cameras and has been demonstrated in the astrophysics field. The technology is positioned for applications across smartphones, industrial and professional cameras, medical uses, consumer electronics, augmented reality and high‑precision industrial measurement. Investors have described the company as having a patented product and an experienced engineering team in imaging and optics. Wooptix closed a €3 million financing round that will be used to perfect Natural3D, evaluate new applications and begin commercial development. Erik Jorgensen (Intel Capital) and Javier Ulecia (Bullnet) are set to join the company’s board alongside the co‑founders.
- Ferroelectric Memory Company
Participated · Series B · Nov 2020
Founded in 2016, Ferroelectric Memory Company (FMC) designs and markets DRAM+ and 3D CACHE+ memory solutions that replace conventional volatile memory to cut energy use and boost speed in AI data centers and edge devices. Leveraging hafnium-oxide ferroelectric cells, its chips can more than double system efficiency and processing speed compared with incumbent products. The company operates a fabless model, partnering with leading DRAM makers and advanced logic foundries for high-volume 300 mm production. FMC positions its technology to become a new standard in the €100 billion-plus global memory market and to strengthen Europe’s semiconductor sovereignty. With pilot results showing design wins at major OEMs, it is now moving toward full commercialization and global expansion. Financially, FMC has just secured €100 million in new capital—€77 million in Series C equity and €23 million in public funding—bringing substantial resources to accelerate product rollout.
- Floadia
Led · Series C · Nov 2020
Floadia develops and licenses embedded non-volatile flash memory IP cores used in microcontrollers, power semiconductors, sensors and other chips. Its technology reportedly consumes only 1/1,000,000 of the power required to write and erase data versus competitors, offers strong high-temperature tolerance, and adds only one-third of the additional integration cost. Its first flash IP, “G1,” is deployed in automotive microcontrollers by domestic semiconductor manufacturers and has been adopted by a Taiwanese foundry for smartphone components. Founded in 2011 by engineers with long experience at Hitachi and Renesas, the company focuses on ultra-low-power memory technology. Floadia plans to use the new funding to strengthen sales of its embedded flash IP to semiconductor manufacturers and to advance development of ultra-low-power AI accelerator chips that utilize its flash memory devices. The company has raised a cumulative total of approximately ¥4.95 billion to date. Floadia develops embedded non-volatile memory IP and the associated manufacturing processes and circuit designs that enable integration into microcontrollers, power semiconductors, sensors and other semiconductor devices. Its memories reduce power consumption and cost, offer auto-grade heat endurance, and can be embedded without changing existing IP designs to ease analog/digital integration. Floadia's technology has been adopted in in-vehicle microcomputers and Toshiba microcontrollers and is used for smartphone components produced by Taiwanese foundries. The company is working with major foundries to transplant its technology onto the 130nm BCD Plus platform and planned mass production from early 2021. Founded in 2011 by engineers who left Renesas Electronics, Floadia is based in Kodaira-shi, Tokyo. Financially, the company raised approximately ¥1.2 billion in its Series C and has raised about ¥3.6 billion in total to date. Floadia Corporation develops embedded flash memory IP, licensing manufacturing process know-how and circuit designs for embedded non-volatile memory production. Founded in 2011 by engineers from Renesas Electronics and led by President Kosuke Okuyama, the company is based in Tokyo, Japan. Its core product is embedded flash memory IP intended for integration into semiconductor manufacturing. Floadia plans to use the new funds to expand its embedded flash IP business into automotive, low-cost IoT and mobile device markets. Financially, the company closed a ¥1.6 billion (approx. US$14.5M) Series B and had previously raised ¥800 million (US$7.3M) in a 2015 Series A. The business model centers on licensing IP to enable customers to produce embedded non-volatile memory.