VueReal Announces 14M Series B Round of Financing

VueReal announced the closing of a 14.4 million USD oversubscribed Series B round of financing led by Cycle Capital.

Cycle Capital, an impact investor and leading cleantech venture capital investment platform, is joined by strategic investors TDK and Vitro. The syndicate of investors join existing investors Samsung Ventures, LG Electronics Inc. and Veeco Instruments Inc.

VueReal’s transfer technology platform is a key enabler for the adoption of next generation MicroLED displays, the company says. It is powering a new wave of displays for everyday consumer products that offer better performance while reducing their energy consumption profile.

MicroLEDs’ superior performance and low energy consumption is the holy grail of the display industry. However, its challenging assembly process has been the main limiting factor for many years.