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May 26, 2006

OLED-T Takes Over Elam-T Assets And Gets Financed

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OLED-T, a UK startup that has taken over the assets of ELAM-T, a display materials developer, has raised £3.8M in a deal led by E-Synergy, reports eetimes. Aberdeen Asset Management, Foresight Venture Partners and Gartmore Investment Management have also invested as part of the funding round.

The company makes materials for OLED displays that it claims have a longer life than competing materials. Capital will be used to fund an R&D facility to scale up chemicals production and hire staff

Read - OLED materials specialist gets funds, adds CEO (eetimes)

Posted on May 26, 2006 01:21 PM | Posted to Displays | News And Updates | Venture Capital | Permalink

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