MicroLED microdisplay developer MICLEDI raised 7.1 million Euro
Belgium-based microLED microdisplay developer MICLEDI announced that it has raised 7 million Euro from FPIM and KBC Focus Fund. The funds will enable the company to transition from the pilot line technology development to product design and subsequently to the manufacturing phase.
MICLEDI reveals that its next steps will be to demonstrate its native-RGB microLED display on 300 mm wafers, prepare its technology IP for transfer to a foundry partner for manufacturing and launch its product development phase.
MICLEDI explains its MicroLED microdisplay technology and business model
Earlier in January, Belgium-based MICLEDI announced that it raised 4.5 million Euro to develop next-generation MicroLED microdisplays for AR applications.
We had a short talk with MICLEDI's CEO, Sean Lord, who helped us understand a bit more about the company's technology and goals. MICLEDI is indeed focused entirely on the AR market, and so aims to provide display engines that will be extremely bright (over 10 million nits), efficient, and with a very small footprint. In addition costs are also important for the future consumer AR market.
MICLEDI raises 4.5 million Euro to develop next-gen MicroLED microdisplays
MICLEDI, established in Belgium in 2019 as a spin-off from IMEC, announced that it raised €4.5 million to develop next-generation microLED microdisplays for AR applications.
MICLEDI says that it displays will be the smallest and possible on the market - enabled by its new integration technology for microLED on 300 mm wafers, developed in collaboration with imec.
