UK start-up SmartKem is planning to take its organic thin-film transistor (TFT) technology to product prototype stage following the completion of a Series A financing round raising €3 million.
The funding was secured from BASF Venture Capital, Octopus Investments and the Entrepreneurs Fund. Finance Wales, the company's principal shareholder, supplied additional funding. Finance Wales has invested £3 million (€3.8 million) to date in the St Asaph-headquartered firm.
SmartKem, a materials supplier for organic semiconductors and TFTs, has already announced a number of joint development agreements with Asian display makers. The latest funds will be invested in the company's in-house capability and expansion of its TFT development team, to take its technology to prototype stage with its partners.
Investment
In an exclusive interview with +Plastic Electronics, Mike Cowin, head of product development and marketing at SmartKem, comments: 'We are making SmartKem more responsive to customer needs - we're talking about responding in a matter of weeks.'
In an exclusive interview with +Plastic Electronics, Mike Cowin, head of product development and marketing at SmartKem, comments: 'We are making SmartKem more responsive to customer needs - we're talking about responding in a matter of weeks.'
SmartKem's tru-Flex semiconductor technology, has been developed to offer industry-grade TFT performance in a flexible form factor, the company claims. The target is to enable applications for bendable and foldable mobile devices such as smartphones and tablets, as well as conformable wearable products.
Since then, the company has announced in late June the transition of all remaining AZ shares to Merck, exercising its compulsory acquisition right.
Two models were shown, the 77-inch 77EG9700, and the 66-inch 66EG9700. Both incorporate an advanced curved panel mounting
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The multi-coloured cell is based on an image of a Hydrangea plant. As in a real flower the leaves of the design generate the power, this is then stored in the area of the cell which represent the flower.
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The accord was