US-based Margik (previously Light and Charge Solutions) was featured at the Unicorn Hunters second season episode 14, and the company ended up raising 10 million Unicoins (a cryptocurrency initiated by the show, that is currently worth $1 million).
Margik, established in 2019, designs next-generation electron and hole transport materials (ETM, HTL) for organic electronic devices, including OLED lighting and display panels. The company says its materials offer high thermal stability and high resistance to moisture. Margik collaborates with Inuru to produce OLED based flexible "stickers".
You can watch the full episode above. The show discuss the OLED market and potential for smart labels - but does not really discuss the company's material business.
I was skimming through and the credibility of some of the statements made me not watch more. I am suprised one can get investments in that size with little to no solution to a relevant problem.
It may help that none of the people investing have a relevant industry background and that the setting is an investment show. I do not see any investment case in a real world scenario.