Samsung Venture Investment Company, the corporate venturing unit of the eponymous South Korea-based conglomerate, is understood to be the sole investor in the €8.25m ($11m) round for Novaled, a Germany-based organic light-emitting diode (OLED) maker.
Samsung Ventures joins the portfolio company’s other investors, which in April had included venture capital firms ECapital, Crédit Agricole Private Equity, TechnoStart, TechFund and CDC Innovation, having invested in primary shares and buying out others.
In January 2009, Novaled had raised €8.5m in its…
