VueReal Secures Access to USD $40.5 Million Investment to Scale Production and Expand its Global Ecosystem

Funding to Accelerate Innovation in MicroLED Technology and Drive Growth Across Emerging Lighting and Display Markets

Key Takeaways

  • VueReal, a pioneer in MicroSolid Printing™, today announced it has secured access to USD $40.5 million in Series C funding
  • The round was led by Export Development Canada (EDC) and included participation from existing VueReal investors, including Cycle Capital, BDC Capital's Cleantech Practice, and TDK Ventures
  • This significant investment will enable VueReal to scale its production capabilities and enhance its ecosystem to support partners in achieving their goals of integrating microLEDs in commercial production.

Waterloo, Ontario – January 30, 2025—VueReal, a pioneer in MicroSolid Printing™, today announced it has secured access to USD $40.5 million in Series C funding. The round was led by Export Development Canada (EDC) and included participation from existing VueReal investors, including Cycle Capital, BDC Capital's Cleantech Practice, and TDK Ventures. This significant investment will enable VueReal to scale its production capabilities and enhance its ecosystem to support partners in achieving their goals of integrating microLEDs in commercial production.

The funding positions VueReal to bring transformative microLED and other micro semiconductor solutions to market at scale. With its award-winning Microsolid Printing™ technology, VueReal has redefined the industry standard, creating a clear path for cost-effective, high-volume microLED production while addressing the critical transfer challenge and enabling unprecedented efficiency, scalability, performance, and affordability. This technology is set to transform industries, including consumer electronics, automotive, and healthcare.

“VueReal has always been committed to delivering and scaling its breakthrough MicroSolid Printing™ platform to redefine the display and sensing landscape. This latest funding round is a testament to our partners’ confidence in our technology and vision,” said Dr. Reza Chaji, CEO of VueReal. “This new capital infusion will enable us to scale the mass production of microLED lighting and displays while empowering our partners to enhance their production capabilities. By expanding the ecosystem, we aim to ensure the seamless integration of Microsolid Printing™ technology into production lines worldwide.”

"As a lead investor, EDC recognizes VueReal as a pioneer shaping the future of the global microLED market," said Lissa Bjerkelund, Vice-President, Investments and Mid-Market Lending at EDC. "VueReal's cutting-edge technology and commitment to establishing a world-class production platform are pivotal in unlocking the vast potential of microLED and other micro semiconductor innovations across industries. EDC is pleased to support VueReal’s global ambitions and help the company realize its bold vision for the future."

“VueReal is transforming the lighting and display industry and creating a scalable, sustainable pathway for advanced manufacturing,” said Andrée-Lise Méthot, Founder & Managing Partner of Cycle Capital. “We value VueReal’s ability to drive innovation and commercialize the technology through innovative business plans. We’re excited to be part of this journey and look forward to seeing the impact of their technology on a global scale.”

This funding milestone follows several recent breakthroughs for VueReal, including its partnership with microLED suppliers and foundries for cartridge scale-up production and significant patent portfolio growth. VueReal continues to solidify its position as a global leader in microLED and micro semiconductor innovation, driving the industry forward with its commitment to sustainability, performance, and scalability. 


About VueReal

VueReal is revolutionizing the microLED and sensing industries through its proprietary Microsolid Printing™ technology, which enables high-efficiency, scalable production of advanced microLED displays and other micro semiconductor devices. VueReal’s mission is to enable new applications and experiences across industries by delivering innovative display, sensor, and micro device solutions for various applications, including automotive, consumer electronics, and industrial markets. For more information, please visit www.vuereal.com. 

Key Takeaways

  • VueReal, a pioneer in MicroSolid Printing™, today announced it has secured access to USD $40.5 million in Series C funding
  • The round was led by Export Development Canada (EDC) and included participation from existing VueReal investors, including Cycle Capital, BDC Capital's Cleantech Practice, and TDK Ventures
  • This significant investment will enable VueReal to scale its production capabilities and enhance its ecosystem to support partners in achieving their goals of integrating microLEDs in commercial production.

Media Gallery

Quotes

VueReal has always been committed to delivering and scaling its breakthrough MicroSolid Printing™ platform to redefine the display and sensing land...
Dr. Reza ChajiFounder and CEO, VueReal
As a lead investor, EDC recognizes VueReal as a pioneer shaping the future of the global microLED market. VueReal's cutting-edge technology and com...
Lissa BjerkelundVice-President, Investments and Mid-Market Lending at EDC
VueReal is transforming the lighting and display industry and creating a scalable, sustainable pathway for advanced manufacturing. We value VueReal...
Andrée-Lise MéthotFounder & Managing Partner of Cycle Capital

Related Bios

Dr. Reza Chaji
Founder and CEO, VueReal
Dr. Reza Chaji is the Co-Founder and CEO of VueReal, headquartered in Waterloo, Ontario, Canada. With a comprehensive understanding of various aspects of flat-panel devices, encompassing displays and sensors, Dr. Chaji actively contributes to designing and developing display and sensor drivers, system architecture, optics, thin film device fabrication, and characterizations. His focus extends to formulating display driving algorithms, imaging algorithms, biosensors, and overall system development.

Dr. Chaji's professional journey includes holding pivotal roles in both industrial and academic research and development, culminating in publishing over 70 papers and filing more than 200 patents. He earned his Ph.D. in Electrical Engineering from the University of Waterloo, where his research concentrated on designing and implementing large-area electronic systems for AMOLED displays, biomedical imagers, and bio-array sensors.

Dr. Chaji has been honored with prestigious scholarships and awards, such as the EY Young Alumni Achievement Medal from the Faculty of Engineering at the University of Waterloo in 2012, the CMC Douglas R. Colton Medal for Research Excellence in 2009, and the Strategic Microelectronics Council of ITAC Industrial Collaboration Award in 2007. Notably, he was a finalist for the 2023 Entrepreneur of the Year award by EY. Dr. Chaji takes pride in VueReal being honored as one of the Top 50 Companies to Watch in 2023 by Deloitte Canada’s Technology Fast 50.

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Lissa Bjerkelund
Vice-President, Investments and Mid-Market Lending at EDC
Leading a team of lending and equity professionals providing debt and equity growth capital to Canadian mid-market companies looking to expand internationally. You can also connect with me on Twitter: @LissaBjerkelund. My focus is sharing relevant business information related to my 2 key areas of interest: setting up Canadian companies to successfully scale internationally and jargon-free leadership advice.
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Andrée-Lise Méthot
Founder & Managing Partner of Cycle Capital
With over 30 years of experience in venture capital, management, and engineering, I am the Founder and Managing Partner of Cycle Capital, the most important cleantech investment platform in Canada and an impact investor in the circular economy. I have set up and manage four North-American, one Chinese, and one international fund, with more than 0.7 billion dollars under management.

My mission is to support and accelerate the transition to a low-carbon and circular economy, by investing in and partnering with innovative companies that develop and commercialize clean technologies and solutions. I have a strong track record of identifying, evaluating, and scaling up high-potential ventures, as well as fostering strategic collaborations and synergies among entrepreneurs, investors, corporations, and governments. I also leverage my expertise and network to contribute to various organizations and initiatives that promote sustainable development and women's leadership in the economy.
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Contacts

Katherine Waite
katherine@triercompany.com
617 599 9798
PR for VueReal