MICROOLED Secures $23.5 Million in Funding to Fuel Innovation in Semiconductor Manufacturing
July 13, 2023
Grenoble, France - MICROOLED, a leading provider of OLED Near-Eye Displays (NED) for a wide range of professional devices, announced today the successful completion of its latest funding round, raising an impressive $23,470,755. The funding was secured from esteemed investors including Bpifrance, Cipio Partners, Ventech, and Jolt Capital, highlighting the strong confidence in MICROOLED's technological advancements and market potential.
MICROOLED, founded by visionary entrepreneur Eric Marcellin-Dibon, has emerged as a frontrunner in the semiconductor manufacturing industry. With its headquarters located in Grenoble, France, the company has garnered recognition for its cutting-edge OLED microdisplays, renowned for their exceptional image quality and remarkably low power consumption. These displays have found widespread applications in diverse sectors such as video glasses, head-mounted sports devices, camera viewfinders, medical equipment, and other professional devices around the globe.
Eric Marcellin-Dibon, Founder of MICROOLED, expressed his gratitude to the investors for their unwavering support, stating, "This funding round represents a significant milestone for MICROOLED and solidifies our position as a leading player in the semiconductor manufacturing industry. We are immensely grateful to Bpifrance, Cipio Partners, Ventech, and Jolt Capital for their trust and belief in our vision. With this funding, we will continue pushing the boundaries of innovation, creating groundbreaking solutions, and delivering the highest-quality OLED microdisplays to our global clientele."