Electronic eye research and development company ‘Celico (CEO Kim Jeong-seok)’ announced on the 24th that it was selected for ‘TIPS’, a technology startup program of the Ministry of SMEs and Startups.
TIPS is a private investment-led technology startup support project run by the Ministry of SMEs and Startups and is a startup development program that discovers and supports promising startups with excellent technologies.
With this TIPS selection, Selico has secured 500 million won in R&D funds over the next two years and 87 million won in start-up commercialization funds over 10 months. Based on this, the ambition is to be reborn as a company with technological capabilities aimed at the global market.
The ‘electronic eye’ being developed by Celico is a device that inserts a neuromorphic image sensor chip into the damaged visual cell layer of patients with retinal diseases such as retinitis pigmentosa and macular degeneration. The inserted image sensor chip converts the detected light into bioelectrical signals to restore the vision of visually impaired patients.
Currently, after securing the basic design technology, we are focusing on producing prototypes for animal transplantation. With this TIPS support, we will accelerate the advancement of the electronic eye device, which is the most difficult of electropharmaceutical technologies, and will greatly help many patients with retinal diseases. It is expected that
Meanwhile, Cellico is an incubator company at the Gyeonggi Creative Economy Innovation Center, and following the ‘K-challenge Lab’ in 2020, this year it has moved into the ‘Pangyo Startup Zone’ operated by the Ministry of SMEs and Startups and the Startup Promotion Agency and is receiving accelerating support. .
In addition, in recognition of its technological prowess, it has been selected for various government support projects such as the Seongnam Industry Promotion Agency’s ‘Bio and Health Support Project’ and the Small and Medium Business Technology Information Promotion Agency’s ‘R&D Planning Support Project’, and is aiming to commercialize it in 2023.
Source: Pangyo Techno Valley Official Newsroom
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