Samsung lights up $13.5m Kyulux series A

Apr 7, 2016 • Robert Lavine

Samsung led the OLED display technology developer's series A round through its corporate venturing subsidiary, while LG, Japan Display and JOLED also participated.

Japan-based lighting technology startup Kyulux raised $13.5m yesterday in a series A round led by Samsung Venture Investment Corporation, electronics producer Samsung’s corporate venturing arm.

Organic light-emitting diode (OLED) panel manufacturers Samsung Display, LG Display, Japan Display and JOLED (Japan OLED) also took part in the round, investing alongside undisclosed Japan-based venture capital funds and a Japanese government-affiliated fund.

Kyulux is developing OLED technology called Thermally Activated Delayed Fluorescence (TADF), which will be utilised in electronics displays and lighting. The…

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