OLED Starts Up Light Polymers Wins US$24.3 Million Financing

2021-05-02

Nanochemical start-up company Light Polymers announced today that they have completed a $23.3 million Series A round of financing led by the Private Investors Union. This investment will be used for the development and commercialization of flexible and foldable OLED display chemistry materials, as well as an acquisition. The company has research and development projects in Silicon Valley, Taiwan and South Korea.

Marc McConnaughey, Light Polymers' Chairman and Executive Director, said: "Light Polymers' chemistry is the leader in flexible and foldable OLED display materials. With this Round A financing, we will be able to Our breakthrough 35-micron OLED loop polarizer solution extends chemical development and thin film fabrication to a final size of under 10 microns and supports wearable devices, smartphones, tablets, as well as notebooks, monitors and high-definition televisions."

Light Polymers was founded in January 2013 and has conducted extensive research and commercialization of lyotropic liquid crystals in the LED lighting, LCD and OLED displays. The company also supplies materials including concrete admixtures and aerogels, as well as biomedical fields. Light Polymers' OLED chemical materials are now in the experimental phase and have been exposed to a number of potential commercial partners.

Light Polymers, a nanochemical company with deep-field knowledge of lyotropic liquid crystals, can be used in applications such as LCD and OLED flat panel displays, LED lighting, advanced building materials, and biomedical applications. Light Polymers was founded in January 2013 in San Francisco, USA, to produce market-ready water-based chemistry to meet market trends in specific industries.