Kyulux, established in Japan in 2015, develops next generation materials for OLED displays and lighting.
Based on exclusively-licensed technology from Kyushu University, Kyulux develops hyperfluorescence TADF emitters that will enable cost-effective, durable and efficient OLEDs that do not rely on rare metals. Kyulux’s first aim is to develop commercial red, green and yellow hyperfluorescence emitter/host combinations, to replace the 2nd-Gen phosphorescent emitters currently used in OLED displays and lighting panels.
The latest Kyulux news:
Last week we reported that Kyushu University spun-off a new company, called Kyulux, to commercialize the TADF emitters developed at Kyushu. Kyulux raised $13.5 million USD, and today the company made an official announcement - including the full investor list.
It turns out that besides LG Display, Kyulux lists Samsung Display, Japan Display and JOLED as investors. The round was led by Samsung Venture Investment Corporation and other participants include top tier Japanese venture capital funds, and a Japanese Government affiliated venture fund.
Earlier this month we reported that Kyushu University spun-off a new company, called Kyulux, to commercialize the TADF emitters developed at Kyushu. Kyulux raised ¥1.5 billion (around $13 million USD) and hopes to have their emitters ready by 2018.
According to the OLED Association, LG Display now invested a further $2.8 million in Kyulux. Kyulux also signed an agreement with Kyushu University to transfer 50 patents. Kyulux did not specify how much they paid for those patents - but it did say that the series A round (those $13 million) were raised at least partly to buy those patents.
Researchers from Kyushu University (led by Chihaya Adachi) are developing highly efficient blue OLED TADF (Thermally Activated Delayed Fluorescence, also called hyper-fluorescence) emitters.
Kyushu University now spun-off a new company, called Kyulux, backed by the University's QB Fund and the Japan Society for the Promotion of Science, to commercialize the TADF emitters. Kyulux raised ¥1.5 billion (around $13 million USD) and hopes to have their emitters ready by 2018.