Mojo Vision

MicroLED microdisplay and optical I/O technology developer Mojo Vision, a MicroLED Industry Association member, announced that it has received a $17.5 million strategic investment from Future Ventures. 

This follows the company's $75 million financing round last August and will help accelerate the development and commercialization of its micro-LED optical communication platform for next-generation AI infrastructure.

MicroLED microdisplay developer Mojo Vision, a MicroLED Industry Association member, announced that it has signed a long-term collaboration agreement with Marvell Technology, to develop a new class of microLED based optical interconnect solutions to power high-performance AI data center infrastructure.

Mojo Vision actually signed this agreement a year ago, but only now reported it. Marvell, which was the lead investor in Mojo Vision’s $75 million Series B Prime financing round, brings to this collaboration its connectivity technology portfolio. The solution that the two companies develop will support a variety of AI data center interconnect form factors and applications for hyperscale and cloud data center customers.

The MicroLED Industry Association, in collaboration with Techblick, concluded a highly successful microLED industry event last week. MicroLED-Connect 2025, which took place in Eindhoven, The Netherlands, brought together over 300 industry professionals, supply chain companies, researchers, investors and early stage developers. 

During the event, which was co-located with ARVR-Connect 2025, over 40 speakers, including microLED professionals from Google, Mojo Vision, Aledia, ASML, JBD, Hongshi Intelligence, Trendforce, SCIL, Buhler Group, itec, QNA, Semilab, C-REAL, LAM Research, Smartkem, Trendforce and and others, discussed the latest innovations, roadmaps, challenges and applications of microLEDs, with a focus on the AR microdisplay segment. 

MicroLED microdisplay developer Mojo Vision, a MicroLED Industry Association member, announced that it has closed an oversubscribed Series B Prime investment round, raising $75 million. 

The round was led by Vanedge Capital, with significant investments made by current shareholders, including Edge Venture Capital, New Enterprise Associates (NEA), Fusion Fund, Knollwood Capital, Dolby Family Ventures, and Khosla Ventures, and new shareholders, including imec.xpand, Keymaker, Ohio Innovation Fund, and Hyperlink Ventures.

NewSight Reality announced its next-generation transparent optical display module, the TOMM2. This is a see-through near eye display, that is meant to be used in front of the eye, placed  located within the eyeglass lens within millimeters of the pupil of the user’s eye.

The TOMM2 near-eye transparent display uses microLED chips produced by Mojo vision. We do not have any technical details on these microLEDs.

MicroLED microdipslay developer Mojo Vision, a MicroLED Industry Association member, announced a partnership with CY Vision to develop next-generation heads-up displays (HUDs) for the automotive market.

These HUDs will use Mojo Vision's microLED technology, and will also leverage AI and 3D imaging to provide drivers with an "immersive and personalized driving experience with informative, line-of-sight overlays that promote driver safety and provide essential information".

Microdisplays are defined as very small displays, usually under 1-inch in diameter, used for near-eye applications. These displays feature very fine pixels and usually deliver very good image qualities. Microdisplays are used in markets such as military (HMDs, rifle sights, etc.) and industrial markets.

Most microdisplays on the market today are either LCD/LCoS displays or OLED displays. MicroLED technology is highly promising for microdisplay applications as it promises the high image quality of OLED displays coupled with very high brightness, high efficiency and long lifetimes. While the microLED industry is still emerging, the microdisplay sector is relatively mature and some displays are already deployed on the market.

In the past year, microLED startups have raised over $200 million. As some companies (most notably Aledia and JBD in this case) mature and start to build production capacity, the need for funds grows, and we have indeed seen large investment rounds in these companies.

• Kubos Semiconductors: $2 million (May 2024)
• MICLEDI: $17 million (March 2024)
• Mojo Vision: $21.1 million (October 2023)
• Aledia: $129 million (October 2023)
• Comptek Solutions: $8.6 million (August 2023)
• QNA Technology: $4 million (August 2023)
• JBD: A4 round, estimated at $30-130 million (June 2023)

It is great to see these recent funding successes, which will hopefully lead to increased innovation and also initial production. It should be noted that most (if not all) of these financing rounds have been finalized before Apple made its decision to cancel its main microLED wearable project. We do not see Apple's decision as having a major impact on the long-term viability of microLED technologies or on the industry - but we do know that some investors are now hesitant to invest in this market following Apple's project cancellation. 

MicroLED microdisplay developer Mojo Vision announced that it has integrated red, green and blue sub-pixels into a single panel, thus producing its first full-color microdisplay.

Mojo Vision's prototype is based on the company's own high-performance QD materials, and integration process. The prototype display is based on 1.3 um blue LEDs. 

MicroLED developer Mojo Vision announced that it has closed its Series A funding round, raising $43.5 million. In April 2023 the company announced the first trench of its Series A funding ($22.4 million), which means that the company now raised $21.1 million.

This round was led by long-time investors (New Enterprise Associates and Khosla Ventures) and new investors (Vanedge Capital) with participation from several investors including Shanda Grab Ventures, Dolby Family Ventures, Advantech capital and Fusion Fund.