Funding

Pixelligent Technologies raises $10.4M

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What does Pixelligent Technologies do?

Pixelligent Technologies, is the leader in high index advanced materials for Solid State Lighting and Flat Panel Display applications. This company is the producer of PixClear products. This advanced materials company delivers next gen materials for demanding applications in flat panel displays, solid state lighting, films and optical components. The company works closely with Fortune 500 companies and leading edge tech firms for world class products creation with greatly improved properties.

How much Pixelligent Technologies was funded?

The company raised $10.4M in Series C on August 15, 2016 from David Testa and Abell Foundation.

Previous funding

  • $2M in undisclosed round on May 28, 2009
  • $8M in January, 2010
  • $425k in undisclosed round on February 2, 2011
  • $5.1M in undisclosed round on September 26, 2011
  • $5.1M on May 3, 2013 from Abell Foundation
  • $1M on November 26, 2013
  • $3.86M in undisclosed round on December 11, 2013
  • $150k on January 30, 2014 from US Department of Energy
  • $5.5M in undisclosed round on December 11, 2014
  • $3.4M in undisclosed round on June 15, 2015

What is next for Pixelligent Technologies?

The company has raised more than $36 M funding. Pixelligent Technologies plans to use the latest funding raised for completing the installation of extra manufacturing capacity and for opening new offices in Asia. The company will also use the funding for driving innovation in display, lighting and optical applications. The company has many commercial applications in the market currently and is expecting additional product launched before the end of this year.

More about Pixelligent Technologies

Pixelligent Technologies was founded in 2002 by Gregory Cooper. It has its headquarters in Baltimore, MD. It is the leading high index material manufacturer for OLED display applications and solid state lighting worldwide. The company’s nanotechnology includes capping technology, nanocrystal synthesis, application engineering which supports slot die, ink jet, spray coating, UV curing, high volume manufacturing and many other manufacturing processes.

 

 

 

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