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VueReal Secures $58.4M CAD Series C to Advance Semiconductor Production
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2 years ago

VueReal Secures $58.4M CAD Series C to Advance Semiconductor Production

Canada

News Summary

Kitchener-Waterloo-based microprinting tech startup VueReal has raised $58.4 million CAD ($40.5 million USD) in a Series C funding round led by Export Development Canada (EDC), with participation from Cycle Capital, BDC Capital’s Cleantech Practice, and TDK Ventures. This funding round, which closed in December, marks a significant investment by existing backers and underscores confidence in VueReal’s proprietary microprinting technology aimed at transforming semiconductor fabrication. Founded in 2016, VueReal focuses on enhancing the efficiency, reliability, and cost-effectiveness of microLED and micro semiconductor manufacturing. The company plans to utilize the Series C capital to scale its microLED lighting and display production capabilities and integrate its MicroSolid Printing platform into commercial production lines globally. VueReal aims to double its workforce by the end of 2026. EDC is joining VueReal’s board, while Samsung Ventures is exiting as part of this funding round, which increases VueReal’s total equity funding to $73.3 million USD. VueReal’s microprinting technology aims to improve yield and reduce costs in creating microLED displays, particularly for automotive and consumer electronics applications. The startup is also looking to integrate sensors for biometrics and security into its technology.

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VueReal secures $58.4-million CAD Series C to boost its semiconductor production

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