Organic-TFT backplane/emitter developer Mattrix Technologies (previously nVerPix) announced that it has closed its Series A financing round, with $3 million in investment from Samsung Ventures and JSR Corporation.
Mattrix Technologies, spun-out of the University of Florida in 2011, developed the world's first full-aperture OLET (organic light emitting transistor) display technology, based on the company's proprietary CN-VOLET (carbon-nanotube enabled, vertical, organic, light emitting transistor) technology, a new pixel architecture that combines the drive transistor, storage capacitor and light emitting layers into a sequentially deposited, vertical, transparent stack. The company is also looking into graphene electrodes as an alternative to CNTs.