Our investment team

Kay Enjoji  President

Kay Enjoji has been President of TEL Ventures since 2011, and he has been overseeing its global operations, strategic directions, investment deals, investment decisions and its approval process. Kay is also Vice President of Tokyo Electron for corporate innovation to create the corporate strategy.
He has more than 30 years of semiconductor industry experience with career highlights as a senior manager in device and process technology businesses. He has also more than 10 years of advanced display industry experience with strategic developments. In addition, he has knowledge of advanced materials, AI, sensors and bio chip.
Before joining TEL Ventures, he held various senior management roles in TEL such as VP/director of corporate development, corporate marketing and product marketing in business unit, where he guided new product development and new business expansion of semiconductor equipment such as CVD and diffusion furnace.
Kay received his B.A. in economics from Keio University.

Ted Hirose  Group Director・US Region

Ted joined TEL in 1997 and has been assigned to TEL Ventures since 2007. He brings 20 years of experience in venture investment, strategic alliance, corporate planning, new business planning, and various business analysis. Before joining TEL Ventures, he held various initiative roles at both TEL Japan and US headquarters. Currently based in Silicon Valley, Ted leads start-ups scouting, due-diligence, venture investment execution as well as portfolio management in many core focused areas such as semiconductor process technologies, new display technologies, advanced materials, AI, industrial tech, and med tech.  Ted is passionate about supporting ventures, especially when combining the best of both worlds – US entrepreneurship spirit and detailed craftsmanship from TEL Japan.

Brent Elliot  Senior Venture Partner, US region.

Brent joined TEL Ventures in 2021. He has 40 years of experience founding, funding, growing, and selling technology companies, primarily in front-end semiconductor capital equipment.He has a broad background in technologies required for leading edge equipment, subsystems, and components, and holds over 100 U.S. and International patents. Brent is passionate about identifying high-value opportunities to develop and apply new technologies to growing markets, and about helping grow teams, capabilities, and relationships needed for world-class business success. 

Jacques Berg  Vice-President・EU region, Venture Partner

Jacques Berg joined TEL Ventures in 2015. He has over 30 years of experience working in the semiconductor industry. He has been with Tokyo Electron since the opening of its European Operation in 1994 and has, since then, held numerous management positions mostly in Sales, Marketing and Business Development. Prior joining TEL Ventures his last assignment within TEL, Jacques was the Head of the WW Sales, Marketing and Business Team of TEL Solar operating from its HQ in Switzerland. Within his career Jacques has been a member of various SEMI Committees including Semi Europe Strategic Technology Committee and Semi Europe Russia Committee. He is based in Grenoble France and has an Electronic Engineering Background.

Takenao (Takee) Nemoto  Director

Takenao (Takee) Nemoto, Ph.D., joined TEL Ventures in 2016 with over 10 years of experience in marketing and business development in CVD. He has an additional 9 years thereafter in management roles in CVD and etching systems related to process and semiconductor equipment development for Tokyo Electron and its subsidiaries. During his career, he was also assigned as an associate professor for semiconductor process integration at Tohoku University, Japan, where he had also received his Ph.D. in engineering. He is chair of Admta Plus 2016 and a session chair of the IEEE NANO 2016 conference. Takee is eager to create innovation by cooperating with venture companies and he hopes to bring value to this industry.

Ken Matsuse  Venture Partner, Marketing Staff

Ken Matsuse has joined TEL Ventures in 2013 as senior researcher. He researches venture companies and their market/application from a technology point of view. According to his experience, he is familiar with PV, including energy storage and semiconductors. He was in charge of a director of PV business development at TEL. He has more than 20 years of semiconductor industry experience as sales director, marketing manager and process engineer, especially for CVD. He received the TEL excellent employee award for best sales lead in Korea.. He also received a master’s degree in fluidics simulation at Osaka university.

Neo Harada  Venture Partner, Technical Staff

Neo Harada joined TEL Ventures in 2016 as senior researcher. He has more than 20 years semiconductor industry experience. He has worked in TEL since 2003, and was previously in charge of director and project leader of new equipment developments including active thermal test system, dielectric liner film deposition tool and wafer/chip bonders. He has extensive technical experience from R&D to products development including CCD, CMOS and MEMS devices and process, materials and semiconductor equipment for TSV/3D interconnection. As his carrier highlights he was appointed to a member of industry-academic-government investigation committee lead by METI (Ministry of Economy, Trade and Industry in Japan) as MEMS field specialist. Neo received the B.S. degree in electrical engineering from Osaka University, Osaka, Japan, in 1986.

Todd Mihara  Venture Partner

Todd Mihara has joined TEL Ventures in 2012. He is currently based in Silicon Valley and passionate about creating innovation in collaboration with start-ups. He has wide experience of investment in Israel, Canada, Japan and U.S. as venture capitalist and management of the collaboration with start-ups for business development. He has more than ten years of experience in business planning, sales and marketing in semiconductor industry, for the lithography process in TEL. He received the B.A in economics from Sophia University.

Koichiro (Kobe) Araki  Venture Partner

Kobe joined TEL Ventures in 2017 and has been working on exploring venture companies with technical synergies with TEL and supporting growth and looking for new business possibilities. Previously he was engaged in Tokyo Electron's IR activities for 4 years and before that he has over 10 years' experience in the Information Systems Division. Master's degree in electronic information engineering was acquired at Yokohama National University.

Ken Saito  Venture Partner ・ US Region

Ken joined TEL Ventures in 2022 with a wide range of experience from business operations and project management to sales and business development at start-up and large global corporate environments. As the Venture Partner covering the U.S region, he is passionate about finding and building synergies between innovative U.S. start-ups and TEL. He received his M.B.A from Georgetown University and B.S. in Chemical Engineering from University of California, San Diego.

Akira Tanihara  Technical Staff, Venture Associate

Akira Tanihara joined TEL Ventures in 2019.
He has more than 20 years semiconductor industry experience. Since he joined TEL, he was in charge of development of μ-wave plasma CVD equipment, film treatment equipment etc.
He has extensive technical experience of mainly hardware design including mechanical design, vacuum equipment, μ-wave, gases and materials.
He received the B.S. degree in mechanical engineering from Kyoto University, Kyoto, Japan in 1987.

Tomohiko (Tomo) Niizeki  Technical Staff, Venture Associate

Tomohiko Niizeki joined TEL Ventures in 2022.
He has more than 10 years research experience in academia. Since he joined TEL, he was in charge of development of high-density plasma HARC etching equipment.
He has extensive technical experience including vacuum equipment, deposition and microfabrication of ultrathin film of metal/oxide/semiconductor, and analysis of electron-/spin-/crystal-/nano- structure.
He received the Ph.D degree in applied physics from Tohoku University, Miyagi, Japan in 2005.

Douglas R. Vreeland  Secretary

Douglas R. (“Doug”) Vreeland and his team assist the TEL Ventures with the due diligence, CFIUS reviews and other legal work related to their investment activity.
He has 25 years’ experience as a practicing attorney including as an associate at one of the country’s largest law firms,as an IP litigator in a Fortune 50 corporate law department, and as in-house counsel for a “unicorn” startup tech company. 
He also leads the U.S. Legal Department for Tokyo Electron, and oversees a team of experienced technology lawyers, and professionals who are responsible for managing the legal needs.

Maria Alonso  Legal staff

Maria Alonso counsels the TEL Ventures on due diligence and potential national security risks of investment transactions and seeking clearances from the Committee on Foreign Investment in the United States(CFIUS).
She is also an international trade and compliance attorney for Tokyo Electron U.S. Holdings, Inc. She advises TEL on a broad range of international trade and national security matters, including those governed by the Export Administration Regulations (EAR), economic sanctions, U.S. customs laws and regulations, and the Committee on Foreign Investment in the United States (CFIUS).

Hideki Shibata  Consultant

Hideki Shibata joined TEL Ventures in 2021. He has about 40 years of experience in the research and development of a semiconductor device manufacturer.
For several generations, he has overseen the development of back-end processes for high-performance logic devices and large-capacity NAND flash memory, and the development of innovative new function devices in the More than Moore area with the aim of creating added value without chip scaling.
He covers a wide range of specialized technical fields, such as semiconductor device and design, multi-layer wiring formation,3D integration, MEMS sensor, Nano biotechnology, and optical transmission. In that regard, he has served as internal managers of public-private projects and outside committee members of the consortium. In addition, he is currently a visiting professor at Nagoya University, Keio University, and Shibaura Institute of Technology.

Afarin Bellisario, Regional Advisor, East Coast & Canada

Afarin Bellisario is the Boston/Cambridge based contract advisor to TEL Ventures, responsible for sourcing technology, providing guidance, and establishing contacts in entrepreneurial eco-system in the East Coast of the US and Canada. Her professional experience includes executive positions at Intel, Analog Devices, BBN (Raytheon), Booz-Allan and Hamilton, and MIT where she managed the IP portfolio in electronics, semiconductors, and sensors as an officer in technology licensing. As an expert in commercializing emerging technology, she conducts workshops and mentors startups in the local. She holds a doctoral degree and an MBA from MIT.

Dr. Tsunetoshi Arikado  Consultant

Dr. Arikado serves as a technology researcher to TEL Ventures. He used to be Fellow of TEL corporate R&D, being responsible for technology strategy for TEL. He was also a member of TVC investment committee. His previous carrier was R&D of semiconductor process in device manufacturer. He was responsible for new process technology development as well as for joint development programs with equipment suppliers. His expertise covers FEOL and BEOL widely.