Mojo Vision, a company specializing in high-performance micro-LED technology, has announced the closing of a $75 million Series B Prime funding round. This investment will help the company accelerate the commercialization of its advanced micro-LED platform and expand its applications in artificial intelligence and other emerging technologies. Vanedge Capital led the funding round. And it included continued support from existing investors such as Edge Venture Capital, New Enterprise Associates (NEA), Fusion Fund, Knollwood Capital, Dolby Family Ventures, and Khosla Ventures. Some of the new investors joining the round include imec.xpand, Keymaker, Ohio Innovation Fund, and Hyperlink Ventures.
Over the past nine years, Mojo Vision has developed a unique micro-LED platform that combines several advanced components. These include 300mm silicon architecture, gallium nitride (GaN) on silicon emitters, high-performance quantum dots, and micro-lens arrays. This integrated approach allows the company to overcome traditional limitations in display technology, such as balancing size, brightness, bandwidth density, and power efficiency.
Mojo Vision’s wafers-in, wafers-out manufacturing process is designed to be highly flexible, making it suitable for a wide range of use cases—from consumer electronics and wearables to industrial and medical applications. By refining this platform and expanding its capabilities, the company aims to unlock new possibilities for AI-powered devices and systems that rely on compact, high-performance visual interfaces.
How the funding will be used: With the new financing, Mojo Vision plans to scale its operations, deepen its research and development efforts, and bring its micro-LED solutions to market more broadly. This marks a significant step forward in the company’s journey to deliver next-generation display technology that meets the demands of increasingly intelligent and connected environments.
KEY QUOTES:
“Through our micro-LED technology development, Mojo has made significant advancements in establishing breakthrough performance standards while laying the foundation for micro-LEDs as a platform for AI innovation in large market segments. This oversubscribed funding round and strong industry support mark a new phase in the design and production of our next-generation micro-LED platform. The company is on an accelerated path to commercialize micro-LED applications that can power AI.”
Mojo Vision chief executive officer, Nikhil Balram
“Mojo Vision has consistently shown over time how it can push the boundaries of what is possible in the development of micro-LEDs. Mojo’s micro-LED platform has the power to transform the performance of AI infrastructure and reach of AI applications.”
Moe Kermani, Vanedge Capital managing partner and Mojo Vision board member
“The future of micro-LEDs is reaching an inflection point, where applications are approaching commercial viability thanks to Mojo’s technological advances. Nikhil and his team have proven that they can take on big technology challenges with semiconductor solutions that will move the industry forward. Micro-LEDs are a once-in-a-generation disruptive semiconductor technology, and its expanded development into new, large markets will widen the scope of possibility for this revolutionary technology, including enabling next-generation AI applications.”
Dr. Achin Bhowmik, Mojo Vision board member, currently chief technology officer and executive vice president of engineering at Starkey, and former vice president and general manager of perceptual computing at Intel
