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.
Last year MICLEDI raised 4.5 million Euro in its Series-A round. Following its 2020 round we talked with the company's CEO who explains the company's technology and goals.