Micro-LED microdisplay developer VueReal announced that it has raised $8.5 million from Sustainable Development Technology Canada (SDTC) that will be used to further develop its technology. VueReal will also build advanced nano technology fabrication center in Waterloo, Canada, in partnership with Angstrom - a Canadian-based PVD and CVD equipment maker.
VueReal says that its next step is to build an integrated pilot production system that will use the company's proprietary sub-10 micrometer, high-efficiency, Solid Printing process at commercial volumes. The company will also work to enhance the performance of its Micro-LED microdisplays.
In March 2018 VueReal announced the initial closing of its $10.5 million Series A funding round, led by the venture arm of a large Asian company and a leading North American vendor focused on startups with emerging technology.