Vanedge Capital III Limited Partnership (Vanedge Capital), a Vancouver and Silicon Valley-based venture capital fund, led a Series B prime funding round for Mojo Vision, the high-performance micro-LED platform company, with USD$75 million to expand AI applications of its high-performance micro-LED platform.
The round had significant investments from current shareholders, including Edge Venture Capital, New Enterprise Associates (NEA), Fusion Fund, Knollwood Capital, Dolby Family Ventures, and Khosla Ventures, and new shareholders, including imec.xpand, Keymaker, Ohio Innovation Fund, and Hyperlink Ventures.
Over the last nine years, Mojo Vision’s team of engineers developed a highly flexible wafers-in, wafers-out micro-LED platform that integrates advanced 300mm silicon architecture, GaN-on-Silicon emitters, high-performance quantum dots, and micro-lens arrays. This approach resolves conventional trade-offs between size, brightness, bandwidth density, and power.
Fasken advised Vanedge Capital with a team led by Geoff Pedlow, and including Reina Mistry.
Jurisdiction
- British Columbia
