OLED Display Startup Mattrix Technologies Opens $3M Financing Round With Second Investment From JSR Corporation (Business Wire)

OLED Display Startup Mattrix Technologies Opens $3M Financing Round With Second Investment From JSR Corporation

UF startup and UF Innovate | The Hub resident client Mattrix Technologies, Inc., a US-based startup developing groundbreaking AMOLED backplane solutions for the flat-panel display industry, announced that JSR Corporation has closed a second investment into the company. The $1.5M investment will be used in part to support the joint development of solution-based conductive inks for use in a new class of backplane transistors that promises to bring the true-to-life viewing experience of ultra-premium OLED products to everyday consumers.

“We have developed a close partnership with JSR since their investment in early 2019. Their continued support bolsters our collaboration and will allow us to make significant strides together in our materials development program,” said Max Lemaitre, CEO of Mattrix Technologies. “We are very excited about the future of this collaboration.”

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