OTI Lumionics

OTI Lumionics

Develops advanced materials for OLED displays

About

OTI Lumionics develops advanced materials specifically for OLED displays used in consumer electronics and automotive applications. Their approach combines quantum simulations, machine learning, and real-world testing to create materials that meet the high standards of their clients. A key feature of OTI Lumionics is their Materials Discovery Platform, which allows for rapid development and testing of new materials, supported by an in-house pilot production facility to ensure readiness for mass production. Unlike many competitors, OTI Lumionics not only focuses on materials development but also offers services such as computational materials design, materials synthesis, and application engineering. Their goal is to provide tailored solutions for their partners in the electronics industry, helping them to innovate and enhance their products.

Company Stage

Grant

Employees

51-200

Industries

Industrial & Manufacturing, AI & Machine Learning, Consumer Goods

Total Funding

$57.6M

Headquarters

N/A

Founded

2011


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Simplify's Take

What believers are saying

  • The $55 million Series B funding and successful customer mass production qualification highlight strong financial backing and market validation.
  • Collaborations with industry giants like Samsung and LG Technology Ventures indicate significant growth potential and industry trust.
  • Their innovative technology, such as under-panel cameras, positions them at the forefront of next-generation consumer electronics.

What critics are saying

  • The advanced materials sector is highly competitive, requiring continuous innovation to maintain a leading edge.
  • Dependence on partnerships for scale-up and mass production could pose risks if any partner faces operational challenges.

What makes OTI Lumionics unique

  • OTI Lumionics leverages a unique Materials Discovery Platform that combines quantum simulations, machine learning, and real-world testing, setting it apart from traditional materials development companies.
  • Their in-house pilot production facility ensures that materials meet exacting customer specifications, providing a seamless transition from development to mass production.
  • Partnerships with Tier 1 chemical and materials partners for scale-up and mass production enhance their ability to deliver high-quality materials efficiently.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

17%

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