UDC Ventures
Established in 2019, UDC Ventures is the venture capital arm of Universal Display Corporation. It strategically invests in innovative startups and emerging companies focused on OLED technologies, advanced materials, organic electronics, augmented/virtual reality, biotech, pharma, and life sciences.
Top Stages
Past deals in OLED
OTI Lumionics
Series B in 2022
OTI Lumionics Inc. is a Toronto-based company founded in 2011, specializing in the development of lighting solutions utilizing organic light emitting diodes (OLEDs). The company focuses on innovative product applications, such as transparent displays, under panel sensors, and under display cameras. OTI Lumionics has introduced the aerelight A1 OLED Lamp and a LED desk lamp design that incorporates a wireless charger. Its products leverage proprietary technologies known as HaloTorr and ElektroTorr, aiming to unlock the full potential of OLED technology. The founding team comprises award-winning researchers and engineers from the University of Toronto's Department of Materials Science & Engineering.
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