US-based Palomino Laboratories announced that it has raised $15 million in a private placement offering. Following a merger with Unite Acquisition, the company is public (OTCQB: PALX).
Palomino Labs develops a GaN microLED-based optical transceiver platform for AI data center communication for high-speed, energy-efficient data transfer. Palomino has the right to use and license the University of California, Santa Barbara’s (UCSB) advanced microLED technology.
Meet UC Santa Barbara at MicroLED Connect 2026
UC Santa Barbara's Steven DenBaars, Professor and Co-Director of SSLEEC, will be speaking at MicroLED Connect 2026, taking place on 16-17 September 2026 at the High Tech Campus in Eindhoven, the Netherlands.
Click here to learn more and register.
