Pixelligent Secures $38 million in IP-Backed Financing to Accelerate Commercialization | Pixelligent | Advanced Materials for Optical Applications
Summary
The PixClear\xae, PixNIL\xae, and PixJet\xae brands are the industrys leading high-refractive index formulations and materials, and essential foundational technologies for advanced electronics products. They deliver a combination of properties, operating efficiencies, and unprecedented performance.The company will use the growth funding to accelerate and expand commercial activities in its target markets in partnership with leading consumer electronics companies, and leverage its proprietary PixClearProcess platform to develop new synthetic metal oxides and applications.Thanks to Pixelligents award-winning manufacturing platform, nearly 90 patents, and dozens of trade secrets, we were able to secure attractive debt financing at a pivotal moment in Pixelligents growth trajectory, said CEO Craig Bandes. MVP is committed to helping companies with significant IP unlock the value of their intangible assets and accelerating sustainable and responsible innovation through non-dilutive debt financing.Innovation is a critical ingredient for the growth economy, but intellectual property is its foundation. MVP targets investments in North America and Europe and provides operational, strategic, and sustainability value add to achieve shared success with its portfolio companies. Our colleagues provide our clients in over 120 countries with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business.
Funding
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