MicroLED microdisplay developer Mojo Vision announced that it has raised $22.4 million in a Series A investment round, to further develop and commercialize its microLED display technology.
The funding round is led by existing investors, NEA and Khosla Ventures, with participation from additional investors including Dolby Family Ventures and more.
A few years ago, Mojo Vision announced that it has developed a 14,000 PPI monochrome (green) microLED microdisplay, that is the world's highest density microdisplay. The company now states that its technology can reach up to 28,000 PPI. Its full-color technology enables high brightness (over 1 million nits) and is based on sub-micron blue microLEDs and inkjet printed QD for color conversion. Its displays adopt micro-lens arrays, and its process is based on 300 mm silicon wafers.
Mojo Vision started as a smart contact lens developer, and raised over $200 million to develop several technologies, including a very high density microdisplay. In early 2022 Mojo Vision announced that it has raised $45 million in its Series B-1 round,. In 2023, the company laid of most of its employees, stopped developing the contact lenses and focused entirely on the microLED microdisplay.
