Overview

OTI Lumionics develops advanced materials specifically for OLED displays used in consumer electronics and automotive applications. Their materials are created through a combination of quantum simulations, machine learning, and real-world testing. The company stands out from competitors with its unique Materials Discovery Platform, which allows for rapid development and testing of materials tailored to customer specifications. Additionally, they have an in-house pilot production facility that supports the transition from material development to mass production. OTI Lumionics not only focuses on materials development but also offers services like computational materials design, materials synthesis, and application engineering. Their goal is to provide high-quality materials that meet the demands of the growing electronics market.

Simplify's Take

What believers are saying

• Growing demand for OLED in automotive and consumer electronics boosts market potential.
• Under-display camera technology aligns with major smartphone manufacturers' investments.
• Strategic investments from LG Technology Ventures support financial growth and innovation.

What critics are saying

• Competition from larger OLED companies like Samsung and LG pressures innovation.
• Rapid tech advancements in quantum computing may outpace OTI's capabilities.
• Geopolitical tensions could disrupt critical material supply chains.

What makes OTI Lumionics unique

• OTI Lumionics uses quantum simulations and AI for OLED material development.
• Their Materials Discovery Platform accelerates material testing and customer-specific solutions.
• Partnerships with Nord Quantique and Samsung enhance their technological capabilities.

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Funding

Total Funding

$57.6M

Above

Industry Average

Funded Over

2 Rounds

$55,000,000

Series B

Oct 2022

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Above Average

Industry standards

Ind Avg. $35M

$4M

$30M

$45M

$55M

$65M

$100M

View all funding stages