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Lumicore Secures $18.5 Million Funding with US Top Headset Brand Supply Orders

Time:2023-12-29 15:52:59

Lumicore, manufacturer of high-resolution, low-power consumption Micro-OLED displays, has recently closed Series A funding of $18.5 million, and has also received recognition from leading headset brands.


The XR industry is entering an inevitable track of historical development. As the control portal of information integration terminals, displays have become the top-down strategic task from national to enterprise levels. In the race for micro-displays used in VR/MR, fast-LCD displays have disappointing performance, micro-LED technology faces limitations in commercialization, while micro-OLED (OLEDoS) shows promising commercial prospects and will take on the upcoming market boom.

Lumicore effectively leverages the display advantages of micro-OLED technology and successfully addresses the cost challenges associated with large-scale industrialization through independent research and development solutions.

In terms of technology, Lumicore applies a unique digital driving scheme to micro-OLED technology, achieving many achievements superior to traditional driving schemes. In terms of image accuracy, micro-OLED overcomes the screen door effect and effectively eliminates the pixelated appearance. The digital driving scheme is more favorable for driving higher-resolution displays and achieves a dual advantage of high resolution and low power consumption through circuit simplification. In terms of display performance, the digital driving scheme achieves higher refresh rates, fundamentally eliminates motion blur, and provides higher contrast and a film-level wide color gamut, including low gray scale.

While ensuring technological advancement, Lumicore believes that as a fundamental component in the upstream of the industry chain, micro-displays need to meet the real needs of downstream markets. In addition to improving performance, they must closely align with the current development requirements of intelligent headsets and introduce more cost-effective products to promote the healthy development of the industry. In terms of industrialization, the digital driving scheme  improves the yield rate of micro-displays, reducing production costs. Lumicore uses the power of technological innovation to drive the progress of the industry.




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