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...

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