LG Display invests $2.8 million in TADF developer Kyulux

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.

You can read more about Kyushu's TADF emitters here, and we also host an OLED Auditorium presentation from Prof. Adachi here.

Kyushu University isn't the only TADF emitter developer. German Cynora is developing efficient blue TADF OLED emitters, and in March 2015 the European Commission launched a new project called Phebe that aims to develop and commercialize TADF emitters.

Posted: Mar 31,2016 by Ron Mertens