What is Pixelligent Technologies?
Pixelligent Technologies is a prominent manufacturer of high refractive index nanocrystals, focusing on the development of advanced optical materials crucial for next-generation display technologies. Their specialized product lines, including PixNIL, PixMicro, PixJet, and PixCor formulations, are engineered for demanding applications in extended reality (XR), optical sensors, and OLED lighting. Leveraging their proprietary PixClearProcess, Pixelligent achieves superior control over nanocrystal characteristics, thereby enhancing optical performance and light efficiency for consumer electronics manufacturers worldwide.
How much funding has Pixelligent Technologies raised?
Pixelligent Technologies has raised a total of $104.2M across 17 funding rounds:
Unspecified
$3.4M
Series B
$3.4M
Series C
$10.4M
Grant
$2.1M
Unspecified
$7.6M
Other Financing Round
$14M
Debt
$350K
Grant
$1.8M
Debt
$448K
Other Financing Round
$38M
Unspecified (2015): $3.4M, investors not publicly disclosed
Series B (2015): $3.4M, investors not publicly disclosed
Series C (2016): $10.4M backed by Abell Foundation
Grant (2017): $2.2M, investors not publicly disclosed
Unspecified (2018): $7.6M led by Tokyo Ohka Kogyo Co., LTD, Kateeva, Inc., TCP Venture Captial, and Abell Foundation
Other Financing Round (2018): $14M supported by Abell Foundation
Debt (2020): $350K featuring PPP
Grant (2020): $1.8M backed by US Department of Energy - Advanced Manufacturing Office
Debt (2021): $448K with participation from PPP
Other Financing Round (2022): $38M led by MVolution Partners
Key Investors in Pixelligent Technologies
Abell Foundation
The Abell Foundation is a philanthropic organization focused on enhancing the quality of life in Maryland, particularly in Baltimore City, with a strong emphasis on supporting disenfranchised communities.
U.S. Department of Energy
The U.S. Department of Energy is a federal agency responsible for energy policy and national security, driving innovation in energy conservation and supporting fundamental research in energy technologies.
Maryland Department of Business and Economic Development
Maryland.gov serves as the official digital gateway for the State of Maryland, providing access to a wide range of state information and services.
What's next for Pixelligent Technologies?
With substantial enterprise-level backing, Pixelligent Technologies is poised for accelerated growth and market expansion. The recent strategic investment suggests a focus on scaling production, further research and development into novel optical materials, and strengthening its global market presence. The company's trajectory indicates a commitment to advancing optical solutions for emerging technologies, potentially leading to broader adoption in high-performance electronic devices.
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