A USD14.4 million Series B financing was closed by VueReal, a leader in micro printing technology based in Waterloo Ontario, Canada.
The round was led by Cycle Capital with participation from TDK, Vitro, Economic Development Canada, and BDC Capital’s Cleantech Practice.
VueReal CEO Reza Chaj is leading the development and commercialization of technology platforms that allow for efficient, practical and scalable production and integrations of micro- and nanodevices. The company’s solutions will enable the next generation of smartphones and laptops to display the micro-LED technology.
The company will be able to increase its customer base, expand its team, and improve its existing facility with the funding. The company will be able to commercialize its energy efficient microprinting platform faster and offer customers a wider variety of custom display products. This includes AR, smartwatches (smartphones), automotive, signage, and transparent displays.