€13.3 million Series A round for Dresden-based deep tech start-up beeOLED

TGFS

23 August 2023

beeOLED GmbH was founded in 2020 by OLED industry veterans Dr Carsten Rothe (CTO, ex Novaled, Idemitsu) and Dr Volodymyr Senkovskyy (COO, ex Novaled). They aim to solve the last major challenge of OLED displays. Led by serial entrepreneur and Novaled co-founder Jan Blochwitz-Nimoth, the deep-tech startup is developing an efficient and stable deep blue emitter to enhance displays in mobile phones, tablets, laptops, TVs and other displays. Its technology is based on making elemental emission from atoms fit for use in today’s vacuum-processed OLED displays.

The current funding round was led by eCAPITAL and Innovation Industries. In addition, KBC Focus Fund and existing investors M Ventures (the corporate venture capital arm of Merck), HTGF, TGFS and JBN-Invest participated. 

Deal team TGFS
Tobias Voigt and Christian Mordowicz