China-based microLED microdisplay developer Star Key Semiconductor has completed a financing round, raising "hundreds of millions of yuan", which likely means something between $30-100 million USD. The round was led by CDH Investments’ Hong Kong fund, and includes several undisclosed strategic and financial groups. 

In December 2025, Star Key inaugurated its microLED production line in Wuhan. This line is based on 8-inch GaN-on-Silicon microLED wafers, and will produce microLED microdisplays. The yearly capacity is around 12,000 wafers.

Continuous fluidic microLED transfer process develop Pixel-Flo announced that it has raised £5.25 million ($7 million USD) in its seed round, led by Northern Gritstone with additional investment from SCVC, the Parkwalk Northern Universities Venture Fund, and HTGF.

The company say that these new funds will support its transition from laboratory development towards industrial scale-up, expanding its team and relocating to new lab and office space.

Even Realities has successfully raised $150 million in its pre-Series B round, led by Meituan and Tencent. This round places a value of $1 billion on the AR headset developer.

In November 2025, Even Realities launched its 2nd-gen AR glasses, the Even G2 Display Smart Glasses, based on microLED displays. The displays offer a 640x350 resolution, monochrome (green) color, 1200 nits brightness, and a 60Hz refresh rate. 

Following our earlier listing of the MOCVD microLED R&D and production equipment being sold by an East-Coast U.S. company — headlined by a new, never-used 200 mm Veeco Propel GaN MOCVD system — we're pleased to report that the listing has generated significant interest from companies, labs and research institutes.

The seller has told us that several parties are already in discussions, and that a decision on the buyer (or buyers) is expected within the the next week. With the process moving quickly, any company, university or institute that has been considering this equipment should move now to make its interest known.

Smart contact lenses developer XPANCEO and microLED microdisplay maker JBD announced that they will co-develop a new micro-display designed specifically for direct integration into a smart contact lens.

This marks the second phase of the two companies' collaboration, building on the partnership they first announced in 2024. During the earlier proof-of-concept stage, the teams built a printed circuit board (PCB) with an integrated micro-display connected to the lens' processing unit, and developed an optical system capable of forming a precise image that a wearer can comfortably focus on despite it sitting extremely close to the surface of the eye. XPANCEO also demonstrated that such a system can be powered entirely by wireless means, removing the need for bulky internal components.

The German Federal Ministry of Education and Research (BMBF) has launched a new collaborative initiative to develop microLED microdisplays for AR applications.

The microPRO project, as it is known, includes ALLOS Semiconductors, Fraunhofer IPMS, Jabil Optics, Mimetik, Maintastic, and SUSS MicroTec.

Researchers from Korea University, with colleagues from Shivaji University and Gyeongsang National University, have developed a transparent resistive memory device designed to drive individual microLED pixels, offering an alternative to the thin-film-transistor-and-capacitor circuits used in conventional active-matrix backplanes.

This research targets a persistent problem in transparent microLED displays, where the driving element must combine low off-state current, stable multilevel switching, and high optical transmittance. The researchers say that oxide-based transparent memories tend to exchange oxygen with the indium tin oxide (ITO) electrodes, producing high leakage and unstable switching, while nitride-based devices are more stable at the interface but usually switch abruptly between two states because of deep nitrogen-vacancy traps, making reliable grayscale operation difficult.

Visionox's microLED spin-off, Vistar (also known as Chenxing Optoelectronics), announced that it has successfully raised its Series B funding round, led by CICC Capital's Sichuan Advanced Manufacturing Guide Fund. Other participants include CCB Investment, Source Code Capital, and Chengdu Science and Technology Investment.

Vistar did not disclose the actual raised amount, but we know that the funding round totaled "hundreds of millions of Yuan", so it is likely to be in the range of $30 million to $130 million  USD. The company says the funds will be used to accelerate its microLED ramp-up towards mass production. 

MicroLED-Info, together with TechBlick, invites the community to join the upcoming Innovations Festival, a free-to-attend online event taking place on July 10, 2026 (1300–20:00 CET).

The event will bring together engineers, researchers, entrepreneurs, display makers, and industry stakeholders working across MicroLEDs, AR/VR, advanced displays, and next-generation electronics. MicroLED technologies will be a central theme, featured alongside adjacent developments that are critical for future display ecosystems, from advanced materials to novel integration and manufacturing approaches.

In 2019 San'an Optoelectronics announced that it is planning to build a $1.78 billion miniLED and microLED production site in Hubei. The plans, originally, was to start production in March 2021. The construction was delayed, though, due to the Covid-19 pandemic, and a few years later San'an delayed its plans and aimed to start producing LEDs in Hubei in 2026.

Today San'an announced that it is delaying the production of miniLED and microLED at the Hubei plant - to June 2028. San'an said that the decision to delay was due to macroeconomic volatility, sluggish markets and slower-than-expected progress in critical microLED processes. So far the company invested 51% of the $1.78 billion, and as it "aims to avoid premature capacity buildup amid market uncertainty".