BeeOLED, a deep-tech startup based in Dresden, Germany, has raised EUR 13.3 million in Series A funding. The round was co-led by eCAPITAL and Innovation Industries, with participation from KBC Focus Fund and existing investors M Ventures, HTGF, TGFS, and JBN-Invest.
The company will use the funds to further develop its deep-blue emitter technology towards commercialization. BeeOLED's technology uses elementary emission from atoms to create efficient and stable deep-blue emitters for OLED displays. This technology has the potential to improve the power efficiency and color gamut of OLED displays, making them more attractive for use in a wider range of applications.
BeeOLED was founded in 2020 by Carsten Rothe, Volodymyr Senkovskyy, and Jan Blochwitz-Nimoth. The company's team has extensive experience in the OLED industry, and they are well-positioned to bring their technology to market.
