Korea-based microLED backplane developer Sapien Semiconductors announced that it has received $1.56 million purchase order from a major US-based tech company, for the supply of microLED display driver ICs.
These microLED drivers will be used in AR smart glasses - and has been developed by Sapien for this specific company.
Saphlux has successfully completed its Series C funding round, raising 300 million Yuan (around $43.5 million USD)., from several Chinese investment funds and VCs.
Saphlux says that it will utilize the funds to accelerate its R&D and achieve mass production of full-color AR microdisplays.
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.
Kopin announced that it has received a Phase I Small Business Innovation Research contract from the U.S. Government to develop full-color, smaller-format MicroLED display technology for military applications.
The new SBIR project supports the creation of a second full color MicroLED display purpose-designed for several soldier-borne applications, marking this the second MicroLED focused award in the past six months for Army programs. Typically SBIR I projects represent around $150,000 - $300,000 in total funding.
China-based microLED display developer Sitan Technology has successfully closed its B3 funding round, raising almost 100 million Yuan ($14.5 million USD). Several investors participated in the round, including Xiamen Advanced Manufacturing No. 1 Fund, Xiamen Science City Mother Fund, Industrial Capital, and Longhua Capital.
This latest B3 funding round brings Sitan's total funding in its Series B rounds to over $30 million USD. The company will use the funds to accelerate its R&D and scale-up commercial production of microLED microdisplays for AR and automotive projection applications. The company currently operates a small-scale pilot line in Longhua, Shenzhen.
Pyramidical GaN microLED developer Polar Light Technologies has been awarded an EU Eurostars grant to develop a dual-color microLED microdisplay prototype deposited using the company's bottom-up mask-based deposition process.
The project, called 2ndGenMicroLED, will run for 18-month project, and has a total budget of 1.1 million Euro.
Taiwan-based MicroLED developer PlayNitride announced its financial results for 2025, with revenues of $42.5 million USD, down from $55.5 million in 2024. The company's net loss was $3.7 million (down from a profit of $1.9 million in 2024).
In 2025 PlayNitride secured $24.3 million in a convertible bond private placement (the company also raised 800 million NTD in a bonds issue towards the end of 2024).
Aixtron reported its financial results for Q4 2025, saying that it has succeeded to achieve robust financial results in a soft market environment for 2025.
Looking at the microLED sector, Aixtron said that 2025 saw a slowdown (this was reported by Aixtron before). Looking ahead, Aixtron expects its microLED segment to remain 'stable' - which likely means it sees 2026 generating similar business to that in 2025.
UK-based SDI Group announced that it has acquired PRP Optoelectronics for 9.3 million GBP (around $12.6 million USD). PRP is focused on the design and production of custom high-performance microLED microdisplays and LED light engines, mostly for the aerospace industry, as it supplies to programs such as the Eurofighter Typhoon, F-16, and F-22 Raptor.
PRP Optoelectronics recorded revenues of $8.1 million in 2025, and a profit of $2 million. PRP will be integrated into SDI's Industrial & Scientific Sensors division.
Germany-based Singulus Technologies announced that it has received a new order for its Timaris microLED deposition system. Following the commissioning of a first system of this type by the customer, the company is now expanding its existing US production capacities.
In April 2024, Singulus announced that it has adapted its modular high-vacuum sputtering TIMARIS STM system for microLED production, with the first TIMARIS STM microLED system already been sold and delivered.The TIMARIS platform has a modular structure and can be equipped with various process and add-on modules for a wide range of requirements.
