OLED microdisplay developer BCDTek announced that it has successfully completed its Series A1 financing round, led by Sichuan Xingchuan, and included several investors.
BCDTek said it raised hundreds of millions of yuan, which could mean anything from around $30 million to $130 million USD. In June 2025 BCDTek raised $83.5 million in its pre-Series A round, and back then it said it plans to increase it soon to $140 million - which likely means that the current tranche amounted to $56 million (380 million yuan).
BCDTek says that it will utilize these new funds towards the construction of its K5 production line (which probably refers to the planned future K2 expansion project), to advance its R&D, and to expand its market.
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