TADF and Hyperfluorescence developer Kyulux announced that it finalized its Series B financing round, having raised ¥1.5 billion ($31.8 million USD) from several companies and VCs. Kyulux says it will use the funds to further accelerate product development and strengthen its IP.
A couple of months ago Kyulux updated on its latest TADF device that achieves 200 hours of lifetime (LT95 at 1000 nits) and an EQE of 22% (at 1000 nits). The color point is 470 nm (which is not deep-blue, note). Kyulux also says that Wisechip is now ready to start producing the yellow HF PMOLED and is seeking customers.
Last month Germany-based TADF developer Cynora announced that it secured $25 million in its Series C funding round.