cynora
Latest round
- Series C
Last raised
- Apr 2019
Total raised
- $55M
Investors
- 6
About cynora
Founded in 2008 in Bruchsal, Germany, cynora GmbH specializes in organic materials for OLEDs. The company was recently acquired by Samsung Display Co. in June 2022 for USD 300 mn. The acquisition reflects the strategic importance of their technology in the expanding OLED market.cynora GmbH specializes in high-performance emitter materials for organic light-emitting diodes (OLEDs). These materials enhance color quality and longevity in various applications, including consumer electronics, automotive displays, and lighting solutions.cynora GmbH generates revenue through B2B transactions, primarily structured around long-term contracts with manufacturers in the electronics industry. Their sales model involves bulk orders of proprietary organic materials tailored to meet the specific needs of each client. The company is expected to launch innovative materials designed for next-generation OLED applications, targeting expanded usage in consumer electronics and automotive industries within the next two years. The strategic acquisition is anticipated to facilitate this expansion, enabling cynora to capitalize on Samsung’s global reach.
Who invested in cynora
6 investors across 2 rounds
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Questions about cynora
Who invested in cynora?
cynora has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has cynora raised?
cynora has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did cynora last raise money?
cynora's most recent round on record is a Series C, in Apr 2019.
What does cynora do?
Founded in 2008 in Bruchsal, Germany, cynora GmbH specializes in organic materials for OLEDs.
Where is cynora headquartered?
cynora is headquartered in Bruchsal, Germany.
Which VCs invest in companies like cynora?
Among active investors with capital left to deploy, Mundi Ventures, Partech Partners, PHI Industrial and Mirova back materials companies at cynora's stage. Their profiles are linked below.
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