VueReal Secures $40.5M in Sequence C Funding
January 31, 2025 – VueReal, a supplier of microLED and micro semiconductor applied sciences, has this week introduced that it has secured entry to USD $40.5 million in Sequence C funding. The corporate said that the numerous funding will allow it to scale its manufacturing capabilities and improve its ecosystem to help its companions in reaching their targets of integrating microLEDs in industrial manufacturing.
The spherical was led by Export Growth Canada (EDC) and included participation from present VueReal traders, together with Cycle Capital, BDC Capital’s Cleantech Observe, and TDK Ventures.
VueReal said that the funding positions it to convey “transformative” microLED and different micro semiconductor options to market at scale. The corporate’s proprietary Microsolid Printing expertise provides a cheap answer for high-efficiency, scalable manufacturing of superior microLED shows and different micro semiconductor gadgets.
VueReal’s microLED expertise helps developments in augmented and digital actuality (AR/VR), enabling high-resolution, energy-efficient shows for quite a lot of purposes. From light-weight good glasses that present real-time notifications to totally immersive headsets with vast viewing angles, VueReal’s MicroSolid Printing platform permits for the scalable manufacturing of compact, low-power shows, in accordance with the corporate.
“VueReal has at all times been dedicated to delivering and scaling its breakthrough MicroSolid Printing platform to redefine the show and sensing panorama. This newest funding spherical is a testomony to our companions’ confidence in our expertise and imaginative and prescient,” mentioned Dr. Reza Chaji, CEO of VueReal. “This new capital infusion will allow us to scale the mass manufacturing of microLED lighting and shows whereas empowering our companions to boost their manufacturing capabilities. By increasing the ecosystem, we intention to make sure the seamless integration of Microsolid Printing expertise into manufacturing traces worldwide.”
“As a lead investor, EDC acknowledges VueReal as a pioneer shaping the way forward for the worldwide microLED market,” mentioned Lissa Bjerkelund, Vice-President, Investments and Mid-Market Lending at EDC. “VueReal’s cutting-edge expertise and dedication to establishing a world-class manufacturing platform are pivotal in unlocking the huge potential of microLED and different micro semiconductor improvements throughout industries. EDC is happy to help VueReal’s international ambitions and assist the corporate notice its daring imaginative and prescient for the long run.”
The funding announcement follows a number of latest breakthroughs for VueReal, together with its partnership with microLED suppliers and foundries for cartridge scale-up manufacturing, in addition to what the corporate said is “vital patent portfolio progress.”
For extra data on VueReal and its microLED and micro semiconductor expertise, together with its Microsolid Printing answer, please go to the corporate’s website.
Picture credit score: VueReal
Sam is the Founder and Managing Editor of Auganix. With a background in analysis and report writing, he has been overlaying XR trade information for the previous seven years.
