US-based Light Polymers announced a $24.3 million Series A funding round, to advance its OLED display technology and scale up production.
Light Polymers is developing products based on lyotropic liquid crystals for several applications - including OLED displays. Using the new funds, Light Polymers aims to expand its OLED R&D and scale up the chemistry and film production of its 35 micron-thin OLED circular polarizer. Light Polymers also aims to develop a 10-micron OLED polarziers.
Light Polymers says that parts of the raised funds will go towards a planned acquisition.