CUPERTINO, Calif.–(BUSINESS WIRE)–Mojo Vision, the high-performance micro-LED platform company, today announced the close of its $75 million Series B Prime investment round to support the commercialization of its powerful and flexible micro-LED platform. The round was led by Vanedge Capital, with significant investments made by current shareholders, including Edge Venture Capital, New Enterprise Associates (NEA), Fusion Fund, Knollwood Capital, Dolby Family Ventures, and Khosla Ventures, and new shareholders, including imec.xpand, Keymaker, Ohio Innovation Fund, and Hyperlink Ventures.

“Through our micro-LED technology development, Mojo has made significant advancements in establishing breakthrough performance standards while laying the foundation for micro-LEDs as a platform for AI innovation in large market segments,” said Mojo Vision chief executive officer, Nikhil Balram. “This oversubscribed funding round and strong industry support mark a new phase in the design and production of our next-generation micro-LED platform. The company is on an accelerated path to commercialize micro-LED applications that can power AI.”

Moe Kermani, Vanedge Capital managing partner and Mojo Vision board member said, “Mojo Vision has consistently shown over time how it can push the boundaries of what is possible in the development of micro-LEDs. Mojo’s micro-LED platform has the power to transform the performance of AI infrastructure and reach of AI applications.”

Over the last 9 years, Mojo Vision’s team of engineers developed a highly flexible wafers-in, wafers-out micro-LED platform that integrates advanced 300mm silicon architecture, GaN-on-Silicon emitters, high-performance quantum dots, and micro-lens arrays. This approach resolves conventional trade-offs between size, brightness, bandwidth density, and power.

“The future of micro-LEDs is reaching an inflection point, where applications are approaching commercial viability thanks to Mojo’s technological advances,” said Dr. Achin Bhowmik, Mojo Vision board member, currently chief technology officer and executive vice president of engineering at Starkey, and former vice president and general manager of perceptual computing at Intel. “Nikhil and his team have proven that they can take on big technology challenges with semiconductor solutions that will move the industry forward. Micro-LEDs are a once-in-a-generation disruptive semiconductor technology, and its expanded development into new, large markets will widen the scope of possibility for this revolutionary technology, including enabling next-generation AI applications.”

For more information about Mojo Vision, visit mojo.vision.

About Mojo Vision

Mojo Vision is pioneering a highly flexible, wafers-in, wafers-out micro-LED platform to unlock AI applications in multiple market segments. Built over nine years by our skilled engineers, our system-level process combines advanced 300mm silicon architecture with GaN-on-Silicon emitters, proprietary quantum dots, and micro-lens arrays to resolve conventional trade-offs in size, brightness, bandwidth density, and power. Our scalable, manufacturing-ready approach enables breakthrough products such as AI glasses and next generation optical interconnects.

Contacts

Kiley Hayward
104 West Partners for Mojo Vision
kiley.hayward@104west.com

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