FinTechFunding

OTI Lumionics: Receives Strategic Investment from LG Technology Ventures

  • 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
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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