Helio steps up product design with $4.75m investment, custom labs and an expanding team
Helio Display Materials is delighted to announce that we have raised $4.75m of Series A finance in a round led by Longwall Venture Partners and BGF. The investment is driving a significant expansion of our team and a move to custom-built labs at the Wood Centre for Innovation in Oxford.
Simon Jones, CEO, said, “Helio is on a mission to use our world-leading perovskite science to step up the performance and efficiency of displays. This fund raising marks a change of gear for Helio, enabling us to significantly grow our capacity to design products and engage with partners in the display supply chain. I would like to thank and acknowledge our enormously supportive investors who share our vision of a bright future for perovskites in displays.”
As part of the expansion, Helio will shortly be announcing two high profile appointments to its management team and will be advertising a series of exciting new materials development roles on our careers page.
For more on perovskites in displays, please check out the following short blog articles:
- Beyond colour gamut: How colour conversion is driving innovation in TV displays
- Why next generation TVs need perovskites
Helio is the first joint spin-out from the Universities of Oxford and Cambridge having been co-founded by Prof. Henry Snaith of Oxford and Prof. Sir Richard Friend of Cambridge.