Mattrix Technologies Announces $3 Million Series A Round with Investment from Samsung Ventures and JSR Corporation; Bruce Berkoff, Chairman, LCD TV Association, Joins the Mattrix Board of Directors
Summary
CN-VOLET is a transformative pixel architecture that combines the drive transistor, storage capacitor and light emitting layers into a sequentially deposited, vertical, transparent stack. The OLED market is expected to be valued at USD 48.81 Billion by 2023.¹ For its novel technology, Mattrix has licensed all developed IP, including 16 U.S. patents, with more than 350 claims and filings in Europe, Korea, China, and Japan. The Hub is here in Gainesville with the resources and programs to assist companies with disruptive technologies to move forward in attracting funders, and Mattrix is an excellent example of that.” Another marker of Mattrix’s growth is the addition of Bruce Berkoff to the company’s Board of Directors. JSR is a research-oriented organization that pursues close collaborations with leading innovators in a number of industries that are a key to the present and future welfare of human society: display, electronic and optical materials, life-sciences, energy storage, synthetic rubbers. At the heart of this breakthrough is our proprietary CN-VOLET: a revolutionary pixel architecture that combines the drive transistor, storage capacitor and light emitting layers into a sequentially deposited, vertical, transparent stack.