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Magic Leap Raises Half a Billion Dollars in Latest Funding Round

by Andrew Fenn

Mixed and augmented reality start-up Magic Leap has announced that it has raised another $502 million in its Series D round of funding. Temasek leads the investment round, with further contributions from EDBI, Grupo …

Tags:Augmented Reality| Investment| Mobile Display Monitor| Vol 24 - Issue 40

Pluto TV Gets $5 Million Funding From Samsung

by Alan Spencer

Pluto TV has announced it has received $5 million in funding from Samsung Venture Investment Corporation, with participation from other investors totalling $8.3 million. Pluto will use the funding to further expand products, content …

Tags:Investment| Large Display Monitor| Mobile Display Monitor| OTT Video| Samsung| Vol 24 - Issue 39

Siemens Sells Final Osram Stake

by Bob Raikes

Siemens has sold almost all of its stake in Osram, more than 17%, for €1.2 billion according to Reuters. The company was originally listed in 2013 and Siemens said that it would keep a …

Tags:Investment| Large Display Monitor| LED| Mobile Display Monitor| Osram| Vol 24 - Issue 38

TCL Communications Sells Off Half of Its Business

by Andrew Fenn

A year after its privatisation and less than a year after its manufacturing deal with BlackBerry, TCL Corp has announced it will sell 49% of its smartphone unit shares to three strategic investors for …

Tags:Investment| Mobile Display Monitor| Smartphones| TCL| Vol 24 - Issue 38

Bigscreen Raises $11 Million in Series A Funding Round

by Andrew Fenn

Social VR app Bigscreen has raised $11 million in its Series A funding round, having received $3 million through its seed funding a year ago. As part of the funding round, True Ventures’ Toni …

Tags:Investment| Mobile Display Monitor| Virtual Reality| Vol 24 - Issue 38

Almost $2 Billion Invested in AR/VR by Q3 2017

by Andrew Fenn

Digi-Capital has released its latest Augmented/Virtual Reality Report, and revealed that $1.8 billion dollars was invested in the industry in the 12 months leading up to the third quarter of 2017, with $300 million …

Tags:Investment| Mobile Display Monitor| Virtual Reality| Vol 24 - Issue 38

Royole Corporation Raises $800M in Latest Funding Round

by Andrew Fenn

California, China and Hong Kong-based electronics manufacturer Royole Corporation has announced that it has raised around $800 million in its Series D round of funding. $240 million was provided by Warmsun Holding Group, Hanfor …

Tags:Investment| Mobile Display Monitor| OLEDs| Vol 24 - Issue 36

VRChat Secures $4 Million in Series A Investment Round

by Andrew Fenn

Social VR app VRChat has secured $4 million in funding in its Series A investment round, led by HTC’s Vive group. VRChat has stated that HTC is now a strategic partner in the business, …

Tags:HTC| Investment| Mobile Display Monitor| Virtual Reality| Vol 24 - Issue 36

LG and Samsung to Invest $30 Million in Cynora

by Alan Spencer

Cynora, a German provider of organic emitter materials for OLEDs, has confirmed that LG Display and Samsung Ventures have invested in the company. (Samsung to Invest in Cynora) Cynora is developing a new type …

Tags:Investment| Large Display Monitor| LG Displays (LGD)| Mobile Display Monitor| Samsung| TADF| Vol 24 - Issue 34

Sunic To Develop G6 OLEDs after IPO

by Bob Raikes

Sunic Systems of Korea is going through an IPO on the Kosdaq stock exchange on 21st September and will use the funds generated (estimated at $61 million to $73 million) to fund development of …

Tags:Investment| Large Display Monitor| Mobile Display Monitor| OLED Fabs| Production Equipment| Vol 24 - Issue 33

Roku Plans To Raise Funds Through IPO

by Yvette Raikes

Streaming company Roku is planning to raise $100 million with an IPO.At the end of June it had 15.1 million active accounts and its users streamed over 6.7 billion hours in the first half …

Tags:Investment| Large Display Monitor| Mobile Display Monitor| Roku| Vol 24 - Issue 33

BOE Formalises JV Plan

by Bob Raikes

The ET News in Korea reports that the deal between BOE, Kopin and Olightek Opto-Electronic Technology to build a production line to be dedicated to OLED-based microdisplays has been approved by the board of …

Tags:BOE| Investment| Kopin| Microdisplays| Mobile Display Monitor| OLEDs| Vol 24 - Issue 31