Novaled
Latest round
- Series C
Last raised
- Jan 2009
Total raised
- $36M
Investors
- 11
About Novaled
Founded in Dresden, Germany, Novaled AG is a company focused on organic materials for OLEDs and organic solar cells. In August 2013, the company underwent a significant change when Cheil Industries acquired a 50% stake, which included a 40% acquisition by Samsung Electronics and a 10% retention by Samsung Venture Investment Corporation. The company's CEO is Gerd Gunther. Novaled is a prominent provider of proprietary organic materials and innovative technologies designed to enhance the performance of organic light-emitting diodes (OLEDs) used in displays and lighting, as well as organic solar cells (OSCs). Their core product offerings include high-performance OLED materials that enable superior color quality, energy efficiency, and longevity in electronic displays and lighting applications. These materials are utilized in various consumer electronics, automotive displays, and architectural lighting solutions, addressing the industry's demand for energy-efficient and visually dynamic products.Revenue generation for Novaled is primarily driven through direct business-to-business (B2B) transactions with manufacturers in the electronics and lighting industries. The company engages in long-term partnerships and collaborations, supplying its proprietary OLED materials as part of extensive agreements that typically cover product development and ongoing supply. These transactions often involve structured contracts where clients place bulk orders for specialized OLED materials, ensuring a steady supply for their production needs. The company is currently designing new proprietary OLED materials, with plans to introduce these innovations in the coming years. Furthermore, Novaled is looking to penetrate additional markets in Asia and North America by 2025, leveraging its established client relationships and the increased demand for energy-efficient technologies in these regions.
Who invested in Novaled
11 investors across 3 rounds
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Questions about Novaled
Who invested in Novaled?
Novaled has 11 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Novaled raised?
Novaled has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Novaled last raise money?
Novaled's most recent round on record is a Series C, in Jan 2009.
What does Novaled do?
Founded in Dresden, Germany, Novaled AG is a company focused on organic materials for OLEDs and organic solar cells.
Where is Novaled headquartered?
Novaled is headquartered in Dresden, Germany.
Which VCs invest in companies like Novaled?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back electronics companies at Novaled's stage. Their profiles are linked below.
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