beeOLED develops breakthrough OLED technology with billion-dollar potential

Last week eCAPITAL announced its investment in Dresden-based OLED technology specialist beeOLED.

The saxonian startup led by OLED veterans Jan Blochwitz-Nimoth, Carsten Rothe and Volodymyr Senkovskyy is developing a technology that will make it possible to more effectively and power-efficiently show the color blue in OLED displays. If this succeeds, a billion-dollar market will be open to the company, as OLED displays are used not only in smartphones but also in numerous other devices, such as tablets, laptops and televisions. Together with other investors, eCAPITAL co-led the €13.3 million financing round.

Nadine Schimroszik spoke with Jan Blochwitz-Nimoth and Paul-Josef Patt about the groundbreaking beeOLED technology for her article in the “Entrepreneur of the Day” section of Handelsblatt on August 24, 2023. You can read her interesting and enlightening article here (only in German).

Founded in 1999, eCAPITAL is an entrepreneur-led venture capital investor focusing on early- and growth-stage deep-tech companies with a positive impact on society. eCAPITAL is based in Germany and invests with its own funds with a total volume of over € 340 million in the areas of Sustainability, Enterprise Software, Cybersecurity, IoT and New Materials. In addition to financial resources, eCAPITAL offers its portfolio companies strategic support and access to an international network of entrepreneurs, scientists, investors and founders and was lead investor in various deep-tech companies such as sonnen, Novaled or Jedox, which were sold very successfully to international corporates or investors.

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