Announced
Completed
Financials
Tags
Private
Cross Border
Private Equity
Venture Capital
Minority
Friendly
consumer electronics
Acquisition
Canada
Completed
Electronic Equipment: Other
Synopsis
A consortium of investor led a $55m Series B funding round in OTI Lumionics, a developer of production-ready advanced materials for consumer electronics, with participation from LG Technology Ventures, Samsung Venture Investment Corporation, UDC Ventures, Anzu Partners and The Family Office of Lee Lau. “OTI has emerged as a key enabler of new materials that complement the OLED stack and are expected to enhance the ecosystem. We are excited to join the team as an investor in this round and look forward to broadening our dialogue,” Josh Epstein, UDC Ventures Managing Partner.
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