Mojo Vision Secures $75M to Advance Micro-LED Technology
Mojo Vision has raised $75 million in Series B Prime funding to commercialize its innovative micro-LED platform, which has vast potential in artificial intelligence (AI) and advanced displays. This funding will accelerate the development of micro-LED applications, overcoming traditional limitations related to brightness, size, and power consumption. After pivoting from its Mojo Lens augmented reality project, Mojo Vision is fully committed to transforming the $160 billion display industry with enhanced micro-LED technology. CEO Nikhil Balram emphasized the importance of this funding in establishing industry-leading performance standards and advancing AI applications. The round, led by Vanedge Capital, included notable investors like New Enterprise Associates and Dolby Family Ventures. The micro-LED platform, supported by a decade of development, is expected to revolutionize AI infrastructure and boost immersive experiences in the XR industry. For more insights, visit Mojo Vision’s official site.
Source: Auganix.org
