New funding to accelerate global expansion and mass production of unique micro-LED products

Microdisplay technology pioneer Porotech has secured $20 million Series A investment to accelerate global expansion and mass production of its unique micro-LED products.

The funding is designed to ensure the company keeps pace with growing demand from its world-leading customers and partners in the $140 billion display market.

Porotech has redefined what is possible by creating a new class of porous gallium nitride (GaN) semiconductor material called PoroGaN. The breakthrough is enabling the company's micro-LED products to deliver monochrome and full-colour displays on a single indium gallium nitride (InGaN) material system, with the brightness, efficiency and resolution required for high-quality image projection against bright backgrounds – even outdoors in daylight. The company's red micro-LED product is already achieving best-in-class performance.