VueReal Secures $40.5 Million in Series C Funding to Advance MicroLED Production Technology

VueReal, a technology innovator in microLED semiconductor solutions, has successfully secured USD $40.5 million in Series C funding, marking a significant milestone in its mission to revolutionize display and sensing technologies. The investment, led by Export Development Canada (EDC), includes participation from existing investors Cycle Capital, BDC Capital's Cleantech Practice, and TDK Ventures.

The substantial funding will enable VueReal to expand its production capabilities and enhance its global ecosystem, focusing on integrating microLED technologies into commercial manufacturing processes. The company's proprietary MicroSolid Printing™ technology represents a breakthrough in addressing critical transfer challenges while maintaining high efficiency, scalability, performance, and affordability.

Dr. Reza Chaji, CEO of VueReal, emphasized the strategic importance of this investment, stating that the funding validates the company's technological vision and commitment to transforming display and sensing landscapes. The capital infusion will specifically support mass production of microLED lighting and displays, with the goal of seamlessly integrating the technology into production lines worldwide.

The investment signals significant potential for microLED technology across multiple sectors, including consumer electronics, automotive, and healthcare. By developing a scalable and sustainable manufacturing pathway, VueReal aims to unlock new possibilities in advanced semiconductor innovations.

Lissa Bjerkelund from EDC highlighted the company's pioneering role in shaping the global microLED market, recognizing VueReal's cutting-edge technology and commitment to establishing a world-class production platform. Similarly, Andrée-Lise Méthot from Cycle Capital praised the company's innovative approach to driving technological advancement and commercialization.

This funding milestone follows recent strategic developments, including partnerships with microLED suppliers and foundries, and significant growth in VueReal's patent portfolio. The investment positions VueReal to continue its trajectory as a global leader in microLED and micro semiconductor innovation, with a strong emphasis on sustainability and technological performance.