Belgium-based microLED microdisplay developer MICLEDI announced that it closes its Series A Funding round, to accelerate its development of high performance microLED arrays. VCs that participated in this round include imec.xpand, PMV, imec, KBC and SFPIM.
MICLEDI did not disclose the funding it received, but it did say that total funding in the company to date is nearly $30 million. In 2021, the company raised 7.1 million Euro, and in 2020 MICLEDI raised 4.5 million Euro in its Series-A round (which is now referred to by MICLEDI as its seed round, together with the 2021 round). Following its 2020 round we talked with the company's CEO who explains the company's technology and goals. If our calculation is correct, this new Series A round totaled around $17 million.
In July 2023, Kopin announced that it has reached an important milestone in its 2Kx2K high brightness microLED microdisplay development project, as it received the first verification samples, that utilize the company's proprietary backplane and drive technology. These displays achieved brightness levels of over 2.8 million nits. In 2024 the company signed a strategic co-development agreement with US-based Kopin.
In 2021, Kopin announced an agreement with a leading Japanese consumer electronics maker to develop 2K x 2K full-color microLED microdisplays. Earlier in 2021, year Kopin announced an agreement with Jade Bird Display (JBD) to develop 1" 2K 2k monochrome microLED microdisplays.
In 2022, MICLEDI announced a partnership with IQE, a supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry, to develop microLEDs for AR products.
In March 2022, MICLEDI announced that it will partner with GlobalFoundries in a manufacturing collaboration to develop microdisplays. MICLEDI's solution will be combined with GlobalFoundries' 22FDX platform to enable MICLEDI to mass produce microLED arrays.
In December 2021 MICLEDI demonstrated what it says is the industry's first microLED arrays-for-AR built on a 300mm CMOS manufacturing platform. In August 2022 the company announced a partnership with MicroLED Industry Association member QustomDot to develop full-color microLED microdisplays with QD color conversion. The company also launched microLED microdisplays with integrated micro-lenses, which it says it is a first for the display industry.
MICLEDI will give a talk at MicroLED-Connect's flagship event in Eindhoven, The Netherlands, on September 24-26, 2024. This will be an excellent opportunity to catch up with the company's latest innovation and status, and get in touch with them personally.
