In General XR News
January 31, 2025 – VueReal, a provider of microLED and micro semiconductor technologies, has this week announced that it has secured access to USD $40.5 million in Series C funding. The company stated that the significant investment will enable it to scale its production capabilities and enhance its ecosystem to support its partners in achieving their goals of integrating microLEDs in commercial production.
The round was led by Export Development Canada (EDC) and included participation from existing VueReal investors, including Cycle Capital, BDC Capital’s Cleantech Practice, and TDK Ventures.
VueReal stated that the funding positions it to bring “transformative” microLED and other micro semiconductor solutions to market at scale. The company’s proprietary Microsolid Printing technology offers a cost-effective solution for high-efficiency, scalable production of advanced microLED displays and other micro semiconductor devices.
VueReal’s microLED technology supports advancements in augmented and virtual reality (AR/VR), enabling high-resolution, energy-efficient displays for a variety of applications. From lightweight smart glasses that provide real-time notifications to fully immersive headsets with wide viewing angles, VueReal’s MicroSolid Printing platform allows for the scalable production of compact, low-power displays, according to the company.
“VueReal has always been committed to delivering and scaling its breakthrough MicroSolid Printing platform to redefine the display and sensing landscape. This latest funding round is a testament to our partners’ confidence in our technology and vision,” said Dr. Reza Chaji, CEO of VueReal. “This new capital infusion will enable us to scale the mass production of microLED lighting and displays while empowering our partners to enhance their production capabilities. By expanding the ecosystem, we aim to ensure the seamless integration of Microsolid Printing technology into production lines worldwide.”
“As a lead investor, EDC recognizes VueReal as a pioneer shaping the future of the global microLED market,” said Lissa Bjerkelund, Vice-President, Investments and Mid-Market Lending at EDC. “VueReal’s cutting-edge technology and commitment to establishing a world-class production platform are pivotal in unlocking the vast potential of microLED and other micro semiconductor innovations across industries. EDC is pleased to support VueReal’s global ambitions and help the company realize its bold vision for the future.”
The funding announcement follows several recent breakthroughs for VueReal, including its partnership with microLED suppliers and foundries for cartridge scale-up production, as well as what the company stated is “significant patent portfolio growth.”
For more information on VueReal and its microLED and micro semiconductor technology, including its Microsolid Printing solution, please visit the company’s website.
Image credit: VueReal
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Sam is the Founder and Managing Editor of Auganix. With a background in research and report writing, he has been covering XR industry news for the past seven years.