MicroLED display developer VueReal announced that it has raised $40.5 million USD in ts Series C funding round. The round was led by Export Development Canada (EDC) and included participation from existing VueReal investors, including Cycle Capital, BDC Capital's Cleantech Practice, and TDK Ventures.
VueReal says that the new funds will enable it to scale its production capabilities and enhance its ecosystem to support partners in achieving their goals of integrating microLEDs in commercial production.
In 2023, VueReal announced that it has developed and started shipping high-resolution and high-transparency microLED displays to its customers. Also in 2023, VueReal announced a breakthrough in its MicroSolid Printing Platform, enabling it to go below 7um LED pitch (on the wafer) for full color microLED deposition. Earlier in 2023, the company was awarded with $7.7 million to scale up its production line. In February 2024, we posted a spotlight article on VueReal.
During Displayweek2024 VueReal unveiled a hybrid microLED-LCOS microdisplay technology. During the same trade show, the company also announced a new microLED architecture, based on blue LEDs and QD color conversion, which it brands as QuantumVue.
Later in 2024, the company announced a strategic partnership with PMOLED producer RiTDisplay display, that will enable device makers to access VueReal's microLED display technologies. In early 2025 VueReal launched its first display and lighting reference kits and announced new technologies.
VueReal, a MicroLED Association member, is a gold sponsor at MicroLED Connect 2025, where it will detail its technology and status - and will also exhibit its latest prototypes.