Pixelligent raised $10.4 million to increase production and continue R&D

US-based high-index material maker Pixelligent Technologies announced that it closed a $10.4 million financing round. To date Pixelligent raised over $36 million, and the new funds will be used to install additional manufacturing capacity, open new offices in Asia, and continue its R&D to develop materials for lighting, display and optical applications.

Pixelligent has been researching light extraction materials for OLED lighting panels for a long time, and in August 2015 the company officially launched its PixClear family of light extraction materials for OLED lighting panels. Pixelligent has been awarded several OLED projects by the US DoE and is collaborating with OLEDWorks and the ORNL.

Posted: Aug 15,2016 by Ron Mertens