Clearink Displays, a Fremont, CA-based developer of reflective display technology for varius industry applications, closed $5M Series C funding.
The round, which is half subscribed, was led by Vestech International, an investment fund backed by a number of Asian display manufacturers, with participation from existing investors.
The funding will enable the company to complete trial manufacturing and commence mass production next year.
Founded in 2012 and led by Frank Christiaens, CEO, Clearink provides display technology based on Total Internal Reflection (TIR) in combination with single particle electrophoretic technology. The displays are ultra low power, thin as paper, feather light, sunlight readable, color and video capable.
Targeted markets include eSchoolbooks, wearables and other mobile devices, Electronic Shelf Labels (ESLs) and others.