Earlier this month we reported that Kyushu University spun-off a new company, called Kyulux, to commercialize the TADF emitters developed at Kyushu. Kyulux raised ¥1.5 billion (around $13 million USD) and hopes to have their emitters ready by 2018.
According to the OLED Association, LG Display now invested a further $2.8 million in Kyulux. Kyulux also signed an agreement with Kyushu University to transfer 50 patents. Kyulux did not specify how much they paid for those patents - but it did say that the series A round (those $13 million) were raised at least partly to buy those patents.
