Tech Company Financing Transactions
MICLEDI Microdisplays Funding Round
MICLEDI Microdisplays, operating out of Leuven, raised investment from imec.xpand, KBC Private Equity NV and PMV.
Transaction Overview
Company Name
Announced On
3/12/2024
Transaction Type
Venture Equity
Amount
Unknown
Round
Series A
Proceeds Purpose
This newest round of funding will be used to expand the team, design and build an active backplane ASIC, and create a fully-functional microLED display module that can be used in glasses for AR displays. In addition, the new funds will help support collaboration agreements with customers and ensure that we keep pace with the growing demand for increasingly immersive video applications from Tier 1 customers and partners in the rapidly growing AR market.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
Sluisstraat 79 03.01
Leuven, 3000
Belgium
Leuven, 3000
Belgium
Phone
Undisclosed
Website
Email Address
Overview
MICLEDI was spun out of IMEC in 2019 after many Tier 1 OEMs working on applications for Augmented Reality (AR) displays approached IMEC with demand for mass production of microLEDs with surprisingly similar performance specifications. Building on the unique and highly advanced microLED technology developed in partnership with IMEC, and now made available to the market solely through MICLEDI Microdisplays, microLED display modules can now meet the exacting standards of the most demanding AR applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Seonaidh Macdonald
Chief Executive Officer
Sean Lord
Chief Operating Officer
Lars Bach
Chief Technical Officer
Soeren Steudel
VP - Bus. Development
Harold Blomquist
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