InZiv Raises $2.5M in Series A Funding

inzivInZiv, a Jerusalem, Israel-based display inspection equipment startup, closed a $2.5m Series A funding.

Maverick Ventures Israel led the round.

The company intends to use the funds to further develop and expand its line of advanced inspection tools to better serve the flat panel display (FPD) industry.

Led by CEO David Lewis, InZiv designs and manufactures inspection equipment for identifying critical defects in pixels of advanced displays such as OLED, MicroLED, and QLED. These new screens feature smaller pixels and new advantages, e.g. reduced power consumption, higher resolution, enhanced brightness, and flexible screens. However, these new technologies have also introduced a whole new set of high-value problems: nanoscale defects that contribute to low yields and high costs in the manufacturing of such displays. The company’s nano-optical and metrological inspection equipment offers the ability to study a wide variety of defects not detectable with existing tools. Its portfolio of tools will enable FPD manufacturers for improving the manufacturing process, lowering production costs, and enabling greater access to the use of these displays by all consumers.

FinSMEs

08/01/2019

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