Kyulux, an advanced materials startup that is commercializing the next generation of OLED display and lighting technology known as TADF (Thermally Activated Delayed Fluorescence), announced today that Samsung Venture Investment Corporation took the lead in a $13.5 million (¥1.5 Billion Japanese Yen) Series A round of venture funding.  Participating in the round were global OLED panel manufacturers including Samsung Display, LG Display, Japan Display and JOLED, top tier Japanese venture capital funds, and a Japanese Government affiliated venture fund. Kyushu University also announced the transfer of a large portfolio of TADF related patents and equity participation by the university in the financing. 

With just a tiny tweak, researchers at Kyushu University greatly increased the device lifetime of organic light-emitting diodes (OLEDs) that use a recently developed class of molecules to convert electricity into light with the potential for increased efficiency at a lower cost in future displays and lighting.