Royole Corporation, a Fremont, Calif.-based manufacturer of advanced flexible displays, flexible sensors, and smart devices, received (USD) ~$80M in series Pre-D funding.
Warmsun Holding Group made the investment which valued the company at approximately (USD) $3 billion.
The company intends to use the funds for research and development, production, sales, and other fields.
Led by Founder and CEO Dr. Bill Liu, Royole uses proprietary flexible electronics technologies to create and manufacture displays, flexible sensors, and smart device electronics. It also provides IP licenses, services, and solutions for a variety of industries associated with display and flexible electronics applications. The company has collected over 500 patents (issued and pending) and know-hows on materials, processes, devices, circuits, software, and product design in a number of countries around the world.
Royole also has offices in Fremont, CA, Hong Kong, and Shenzhen, China.