UK-based Kubos Semiconductors raised $605,000 to launch its cubic-GaN LED technology into new markets, such as microLED displays.
Kubos says that its unique cubic-GaN technology can increase light output (and efficiency) of green LEDs. Kubos operates in a fabless model and says that its technology is fully compatible with standard LED development process on large wafers, offering lower cost volume production. Kubos is also looking to use the technology to produce red GaN LEDs.
This is the company's second financing round, following a $920,000 one in 2020 led by the LCIF2 fund, which participated in this round as well.