Microoled, a Grenoble, France-based manufacturer of OLED microdisplays, raised €21M in funding.
The round was led by Jolt Capital, Bpifrance via its Innovation Defense Fund, Cipio Partners and Ventech.
The company intends to use the funds to finance the development of the next range of full colour, high luminance OLED solutions, to expand manufacturing capabilities in Grenoble, and to grow international sales teams in the security segment and the B2B ActiveLook platform model.
Led by CEO Eric Marcellin-Dibon, Microoled specializes in the design, production and marketing of OLED microdisplays for near-eye applications (outdoor optical equipment, night vision glasses, ocular equipment for medical devices, augmented reality glasses, etc.). The company can address both consumer and recreational markets (the ActiveLook head up display module to be embedded in glasses for real time visual information in hand free activity use cases), and industry/security ones. Since 2007, the company has developed a wide range of core technologies derived from the semiconductor industry, protected by over 170 granted patents, through a close collaboration with neighbor CEA/Leti research centers.
FinSMEs
12/07/2023