MICROOLED is a leading provider of energy-efficient microdisplays with superior image quality for near-eye mobile display devices used by consumers, medical professionals and the security industry. Founded in 2007, MICROOLED's headquarters, R&D and production facility are located in Grenoble, a recognised centre of excellence in France for chipset and nanotechnology development.
Microoled announced on 10 September that it had raised 8 million euros in a investment growth thanks to two European high-tech investors: Cipio Partners and Ventech. After the investment, they will join the company's Board of Directors together with the historic investor Supernova Invest through CEA Investissement.
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Founded in 2003, Cipio Partners is a leading European growth capital investment management and advisory firm and a leading European growth capital investment manager. acquisitions minority stakes for technology companies. Cipio Partners targets European growth-stage technology companies with revenues between EUR 10 million and EUR 100 million and makes initial investments ranging from EUR 3 million to EUR 10 million. Cipio Partners operates from offices in Luxembourg and Munich.
Ventech is a leading global venture capital firm focused on Seed & Series A. Founded in 1998, Ventech backs the most innovative and ambitious digital technology entrepreneurs worldwide with over 200 investments (Believe, Botify, Freespee, Ogury, Picanova, Speexx and Vestiaire Collective) and more than 80 exits (Webedia, Curse, StickyADS.tv and Withings) to date. With its dual platform structure, Ventech has dedicated funds for Europe (from Paris, Munich and Helsinki) and Asia (from Shanghai and Hong Kong).