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News Release

Notice Regarding Investment in ExtenD Co. Ltd.

Mitsuboshi Diamond Industrial Co., Ltd. (Head Office: Settsu City, Osaka Prefecture; President and CEO: Masaki Wakabayashi) is pleased to announce the completion of an investment in ExtenD Co. Ltd. (Head Office: Tosu City, Saga Prefecture; CEO: Mitsuru Kitaichi), a startup originating from the National Institute of Advanced Industrial Science and Technology (AIST), as part of its seed funding round.

ExtenD Inc. operates under the vision of “Pioneering New Markets with Diamond” and is engaged in the development of advanced application technologies using diamond materials based on research conducted at AIST. In particular, the company has further refined AIST’s hot filament CVD technology, establishing a proprietary method for high-precision diamond synthesis on 12-inch wafer substrates. Leveraging this breakthrough, the company has developed its “AI Sommelier Technology,” a system that integrates ultra-sensitive diamond electrodes with AI-based electrochemical measurement. This enables rapid and simple acquisition of “chemical fingerprint information (spectral signals)” from various solutions. The technology shows great potential in a wide range of fields, including food and beverages, pharmaceuticals, and even bodily fluids.

The primary objectives of this funding round are to accelerate research and development and the commercialization of diamond materials, promote prototyping and demonstration projects, strengthen talent acquisition and organizational structure, and expand the business through strategic partnerships. Mitsuboshi Diamond Industrial Co., Ltd. is committed to actively supporting the continued growth of ExtenD Inc. and its efforts to create new markets through innovative diamond sensor technologies.

As a leading company in diamond tools and products related to the processing and dicing of brittle materials, Mitsuboshi Diamond Industrial Co., Ltd. will leverage its extensive expertise and long-standing knowledge in diamond processing. Through collaboration with ExtenD Inc., we aim to contribute to the social implementation of advanced technologies and the advancement of industry.

Company Overview of the Investee

Name: ExtenD Co. Ltd.
Location: 2-259, Kuranoue, Tosu, Saga 841-0056, Japan
Representative: Mitsuru Kitaichi, CEO
Established: July 2022
Business Activities: Development of new markets and technologies utilizing diamond materials (manufacturing and sales of diamond crystals; sensors and electronic devices using diamond materials; contract processing such as diamond thin film growth and chip processing; manufacturing and sales of film deposition equipment)
Company URL: https://www.extend-dia.com/

Company Overview of Mitsuboshi Diamond Industrial Co., Ltd.

Name: Mitsuboshi Diamond Industrial Co., Ltd.
Location: 32-12 Koroen Settsu, Osaka 566-0034, Japan
Representative: Masaki Wakabayashi, President and CEO
Established: October 1935
Business Activities: Manufacturing and sales of diamond tools and products related to the processing and scribing of brittle materials

Contact Information

For inquiries regarding this matter, please use the contact form below:
https://www.mitsuboshidiamond.com/eng/contact/

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