NuAxiSemiconductor trade intelligence
MICLEDI raises Series A funding to expand team, design and build active backplane ASIC, and create micro-LED display module for AR glasses
What happened
MICLEDI Microdisplays secured a Series A funding round, bringing its total funding to nearly $30 million. The fabless firm, a spin-off from IMEC, will use the capital to expand its team and develop an active backplane ASIC and micro-LED display modules for AR glasses. Neutral: This is a long-term R&D milestone for a niche display technology with no immediate impact on component supply, demand, or pricing for traders.
Impact and signal
Low impactImpact score: 12/100
Affected components and suppliers
Micro-LED
MICLEDI Microdisplays B.V.
fundingR&DAR-VR
Source and time
Source: Semiconductor Today · 3/12/2024 · View original source
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