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§ Private Profile · Bruchsal, Baden-Wurttemberg, Germany
OLED materials developer creating highly efficient TADF emitters to improve efficiency for OLED displays, focused on blue and green materials.
Cynora is a Bruchsal, Germany-based technology company that develops highly efficient organic light-emitting diode (OLED) emitter materials utilizing thermally activated delayed fluorescence (TADF) technology. The enterprise initially focused on copper-based compounds before shifting to blue and green TADF emitters, scaling its operations to approximately 120 employees prior to its acquisition. Throughout its lifecycle, the firm raised a total of $80 million in venture funding, which included a $25 million Series C round backed by prominent investors such as Samsung Venture Investment, LG Display, and SRF Partners Group. After announcing a breakthrough in deep-green materials in 2021, the company and its intellectual property were fully acquired by Samsung Display in June 2022. Cynora was originally founded as a spinoff from the Karlsruhe Institute of Technology in 2003 by Tobias Grab, Thomas Baumann, and Michael Bächle.
Cynora has raised $54.7M across 2 funding rounds.
Cynora has raised $54.7M in total across 2 funding rounds.
Cynora has raised $54.7M across 2 funding rounds. Most recently, it raised $25.0M Series C in May 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 13, 2019 | $25M Series C | — | Dboled, Kristian Schmidt Garve, SBI Investment Korea, Daniel Rubin, Wecken & CIE | Announced |
| Sep 14, 2017 | $29.7M Series B | — | KFW, LG Display, MIG Capital, Samsung Ventures, Wecken & CIE | Announced |
Cynora has raised $54.7M in total across 2 funding rounds.
Cynora's investors include DBOLED, Kristian Schmidt-Garve, SBI Investment Korea, Daniel Rubin, Wecken & Cie, KfW, LG Display, MIG Capital, Samsung Ventures.