- OTI Lumionics received a strategic investment from LG Technology Ventures – the venture capital investment arm of LG Group
- This investment will also used to help accelerate the adoption of OTI’s materials in mass production
- The amount of the deal was not disclosed
- OTI Lumionics focuses on cathode patterning to enable new display applications for OLEDs, including transparent displays, under display cameras and sensors
- The company announced its latest version of ConducTorr™ Cathode Patterning Material (CPM) is ready for mass production
- Then the investment from LG Technology Ventures was part of a larger strategic funding round
