Mojo Vision, a pioneer in high-performance micro-LED technology, has raised $75 million in its Series B Prime funding to accelerate the commercialization of its versatile micro-LED platform. Led by Vanedge Capital, the round drew strong support from existing investors—including Edge Venture Capital, NEA, Fusion Fund, Knollwood Capital, Dolby Family Ventures, and Khosla Ventures—as well as new backers like imec.xpand, Keymaker, Ohio Innovation Fund, and Hyperlink Ventures.
“With our micro-LED technology development, Mojo has made significant advancements in establishing breakthrough performance standards while laying the foundation for micro-LEDs as a platform for AI innovation in large market segments,” said Mojo Vision CEO Nikhil Balram. “This oversubscribed funding round and strong industry support mark a new phase in the design and production of our next-generation micro-LED platform. The company is on an accelerated path to commercialize micro-LED applications that can power AI.”
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Additionally, Moe Kermani, managing partner at Vanedge Capital and Mojo Vision board member, emphasized the transformative potential of the platform: “Mojo Vision has consistently shown over time how it can push the boundaries of what is possible in the development of micro-LEDs. Mojo’s micro-LED platform has the power to transform the performance of AI infrastructure and reach of AI applications.”
Over the past nine years, Mojo Vision’s engineering team has developed a highly flexible wafers-in, wafers-out micro-LED platform. By integrating advanced 300mm silicon architecture, GaN-on-Silicon emitters, high-performance quantum dots, and micro-lens arrays, the company has overcome traditional trade-offs between size, brightness, bandwidth density, and power.
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“The future of micro-LEDs is reaching an inflection point, where applications are approaching commercial viability thanks to Mojo’s technological advances,” said Dr. Achin Bhowmik, board member at Mojo Vision and currently chief technology officer and executive vice president of engineering at Starkey. He added, “Nikhil and his team have proven that they can take on big technology challenges with semiconductor solutions that will move the industry forward. Micro-LEDs are a once-in-a-generation disruptive semiconductor technology, and its expanded development into new, large markets will widen the scope of possibility for this revolutionary technology, including enabling next-generation AI applications.”
With this latest funding, Mojo Vision is poised to accelerate the rollout of its next-generation micro-LED solutions, targeting both commercial and AI-driven applications, while redefining the future of semiconductor innovation.
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