# Ness Display Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ness-display-co

- Industry: Electronics
- Headquarters: Seoul, South Korea
- Website: www.nessdisplay.com
- Total disclosed funding: $28M
- Latest round: Series B (Jan 8, 2003)
- Investors on record: 6

## About

Ness Display Co., Ltd. is a South Korean company focused on developing and manufacturing advanced organic light-emitting diode (OLED) technology for high-quality displays, serving various industries globally.Founded in 2000, Ness Display Co., Ltd. operates from its headquarters in Seoul, South Korea, and specializes in OLED technology. The company has successfully raised KRW 55.92 billion in its most recent Series C funding round on January 28, 2004, with investments from notable firms such as Carlyle Group, Singapore Economic Development Board, and SoftBank China Capital. The current CEO is Myeong-jin Kim.Ness Display Co., Ltd. specializes in the development and manufacturing of advanced organic light-emitting diode (OLED) technology for flat panel displays. Their core product offerings include high-performance OLED panels and modules, characterized by low power consumption, a thin design, high luminescence, and rapid video response times. These products serve a variety of end-use cases, particularly in digital signage, consumer electronics, and point-of-sale (POS) displays, catering to a diverse client base including retailers, advertising agencies, and manufacturers across various industries.In 2005, Ness Display generated revenue of KRW 609,756.70 and reported an EBITDA of KRW -15,382,199.80.Ness Display Co., Ltd. aims to utilize the recent funding of KRW 55.92 billion to build a new manual organic plant, which will support the development of upcoming OLED products targeted for release in specific markets. The company is also focusing on expanding into North America, Europe, and Asia. These initiatives will be key to enhancing their production capabilities and product offerings.

## Funding rounds

- Series B, Jan 8, 2003, $11M — Carlyle Group, Springboard-Harper Investment, CDIB Capital Group, JIF Capital
- Series B, Oct 15, 2002, $2M — Carlyle Group, Springboard-Harper Investment, CDIB Capital Group, JIF Capital
- Series A, Jul 3, 2001, $15M — Carlyle Group, Springboard-Harper Investment, imGO, IMM Investment

## Investors

- Carlyle Group (https://capitalatlas.ai/funds/carlyle-group) — Series A, Series B
- Springboard-Harper Investment (https://capitalatlas.ai/funds/springboard-harper-investment) — Series A, Series B
- imGO — Series A
- IMM Investment (https://capitalatlas.ai/funds/imm-investment) — Series A
- CDIB Capital Group (https://capitalatlas.ai/funds/cdib-capital-group) — Series B
- JIF Capital (https://capitalatlas.ai/funds/jif-capital) — Series B