Novaled secured $11.2 million in funding

Novaled announced that it has closed its third round of financing with a €8.5 million (or about $11.2 million) investment. Novaled will use the money to extend the commercialization of its OLED lighting and display technologies (PIN-OLED).

Novaled managed to raise this kind of money in a tough financial environment and it's good news for the company - which has been an OLED-Info sponsor since 2007...

Posted: Jan 15,2009 by Ron Mertens