# OTI Lumionics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oti-lumionics

- Industry: Electronics
- Headquarters: Mississauga, Canada
- Website: www.otilumionics.com
- Total disclosed funding: $55M
- Latest round: Series B (Oct 26, 2022)
- Investors on record: 7

## About

OTI Lumionics Inc. develops advanced materials focused on enhancing display technology, particularly for electronic devices and automotive applications, with innovative solutions for transparent displays and under-display camera technologies.OTI Lumionics Inc. specializes in advanced materials for electronics and was founded in 2011 in Mississauga, Canada. The company has executed 6 deals, with its most recent funding round occurring on October 26, 2022, where it raised USD 55.00 mn in Series B funding from investors including Alignvest Private Capital and Samsung Venture Investment. Jacky Qiu is the founder of the company.OTI Lumionics specializes in the development of advanced materials designed specifically for electronics, with a strong emphasis on enhancing display technology. The company's primary offerings include advanced electrode materials and transparent display technologies that enable under-display cameras and complex sensor integrations. These innovations are intended to improve image quality, reduce power consumption, and enhance transparency in consumer electronics and automotive applications. Key use cases for these products involve addressing the demand for sleek, notch-free displays and the integration of sensors in a seamless manner. OTI Lumionics targets industries in North America, Europe, and Asia, catering to a diverse client base that includes major consumer electronics manufacturers and automotive companies seeking to adopt next-generation OLED display solutions.The revenue structure at OTI Lumionics is primarily driven by B2B partnerships with established manufacturers in the display and automotive sectors. Clients typically engage with the company through direct collaboration to develop and mass-produce advanced materials that meet their specific technological needs. Transactions are structured around project-based contracts, where customers may place orders for custom materials and services, supported by rigorous testing and validation processes. The company emphasizes rapid scale-up capabilities, leveraging its pilot production facility and partnerships with Tier 1 chemical suppliers to ensure efficient material delivery. As part of its core offerings, OTI Lumionics focuses on production-ready advanced materials, which form the basis of its revenue generation strategy through sustained partnerships and client engagements.In October 2022, OTI Lumionics Inc. raised USD 55.00 mn in Series B funding, which will be utilized to accelerate the development of its existing display materials. The company plans to introduce upcoming new products aimed at enhancing display technologies, although specific release dates have not been disclosed. OTI Lumionics is also considering expansion into new markets, particularly targeting growth in Europe and Asia by 2024.

## Funding rounds

- Series B, Oct 26, 2022, $55M — Samsung Venture Investment, Alignvest Private Capital, Anzu Partners, LG Technology Ventures, UDC Ventures
- Series A, Nov 1, 2016 — Anzu Partners, China Electronics Corporation, Draper Dragon Fund

## Investors

- Anzu Partners (https://capitalatlas.ai/funds/anzu-partners) — Series A, Series B
- China Electronics Corporation — Series A
- Draper Dragon Fund — Series A
- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series B
- Alignvest Private Capital (https://capitalatlas.ai/funds/alignvest-private-capital) — Series B
- LG Technology Ventures (https://capitalatlas.ai/funds/lg-technology-ventures) — Series B
- UDC Ventures (https://capitalatlas.ai/funds/udc-ventures) — Series B