beeOLED Unveils Breakthrough Blue OLED Innovation at SID Display Week 2024

The SID (Society for Information Display) flagship event, Display Week, is the annual gathering of display enthusiasts: suppliers, panel manufacturers, set makers and users from around the world gather for a week on the west coast of the USA to share the latest results at a conference and exhibition.

Our founder and CTO Carsten Rothe will be presenting on Wednesday 15th May in Session 45 from 15:30, Room LL21CD.

Invited Paper 45.2: Emitter Based on Europium as Alternative for Stable, Deep-Blue OLED Emission

We are honored to be an invited speaker, which shows the interest of the display community in our blue OLED innovation.

It is also a great opportunity to meet customers and partners. We have a week of intense events and exciting conversations ahead of us.

You can meet the whole beeOLED management team: Jan, Carsten and Volodymyr will be in San Jose, USA.

The High-tech Venture Days are taking off on May 7/8 in Washington D.C.

HTVD | HIGHTECH VENTURE DAYS, one of the prime European events for dee-tech startups and Venture Capital investors, is branching of to the USA and we are part of it. The focus is on industrial high-tech: IP-based technologies, B2B, Hardware.

We are thrilled to be one of the selected start-ups to pitch at this event and to bridge European deep-tech entrepreneurs with USA based Venture Capitalist. Our pitch will be presented by our CEO Jan Blochwitz-Nimoth in Pitch Session III on the 8th of May.

Come and meet us!

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beeOLED welcomes New Advisory Board Member and Chairman Gerd Günther

Dresden, 11.03.2024 - beeOLED, a leading Dresden-based deep-tech startup specializing in OLED materials, is proud to announce the appointment of Gerd Günther as the newest member and Chairman of its Advisory Board.

This strategic addition marks a significant milestone in the company's pursuit of revolutionizing OLED display technology, particularly in enhancing the lifetime and efficiency of blue emitters. Gerd Günther will strengthen beeOLED’s Board, which consists of representatives from the founders, alongside lead investors M Ventures, eCAPITAL and Innovation Industries.

Gerd Günther adds to beeOLED a wealth of experience and expertise in the OLED industry, where he has been deeply involved for many years. Gerd Günther brings more than 25 years of international management experience in consumer electronics and related fields.

For example, he served as the long-standing CEO of Novaled, a frontrunner in the OLED sector. With his extensive network and profound understanding of the OLED industry, Günther perfectly complements beeOLED’s existing skillset as the company is gearing up for commercialization of their revolutionary emitter technology.
Günther expressed his vision by stating, "I am delighted to join the beeOLED team and to take on the position of Chairman of the Advisory Board. The company has already made impressive progress in this very important area of OLED devices, and I look forward to working with the dedicated team at beeOLED to shape further OLED innovation.".

Jan Blochwitz-Nimoth, CEO of beeOLED, commented on the appointment, "Following our successful Series A funding round in 2023, we are thrilled to welcome Gerd to our team. Having worked with Gerd and eCAPITAL for many years at Novaled, I am certain that his deep insights into the OLED market, combined with his experience in guiding German deep-tech startups, will undoubtedly be a tremendous asset to beeOLED. We look forward to successfully working with him."

With Gerd Günther's appointment, beeOLED reinforces its commitment to pioneering advancements in OLED technology and solidifies its position as a key player in the industry.

About beeOLED
beeOLED was founded in 2020 by OLED (organic light emitting diodes) industry veterans Carsten
Rothe (CTO, ex Novaled, Idemitsu) and Volodymyr Senkovskyy (COO, ex Novaled) with the goal to solve the last big challenge of OLED displays Led by serial entrepreneur and Novaled co founder Jan Blochwitz Nimoth ( CEO), th e deep tech startup develops an efficient & stable deep blue emitter to improve displays in phones, tablets, laptops, TVs and other displays . Its technology is based on making elementary emission from atoms fit for use in today’s vacuum processed OLED displays .

Please visit our website for further information www.beeoled.com.
If you require printable image files in higher resolution or additional information on captions, please contact us. You can get in touch with us via the contact details below.

Contact for press inquiries:
Eileen Berger
PR Representative
Phone: +49 351 850705 00
Mail: info@beeoled.com

Pressemitteilung deutsche Version - German Version Press-Release.

beeOLED selected to pitch at 'Growth Deeptech 2024' Event in Leuven

We are happy to announce to be selected to pitch at the Tech Tour event ‘Growth Deeptech 2024’ in Leuven, April 11-12.

Behind Tech Tour are renowned deep-tech VCs from all over Europa. Their recognition of our work proves that we are on the right track with our IP protected, novel approach towards highly efficient and stable deep blue OLED Display emitters. Our new and protected approach to lanthanide technology may as well enable other applications in photonics, battery and Life Science.

At the event on 11-12 April in Leuven our CEO Mr. Jan Blochwitz-Nimoth will hold 2 pitches and is available to answer your questions.

To see the event program look here: Tech Tour Growth Deeptech 2024[2]

beeOLED was announced as a Deep Tech Pioneer by Hello Tomorrow!

A welcome surprise at the end of last year: Hello Tomorrow nominated us as a Deep Tech Pioneer - Deep Tech Startups to watch in 2024!

Out of 4,500 applications from 120 countries, our project stood out as one of the most promising in the realm of deep tech.

This prestigious recognition proves that we are on the right track with our IP protected novel approach towards highly efficient and stable deep blue OLED display emitters. Our new protected lanthanide metal technology may as well enable other applications in photonics, battery and Life Science.

We will use this award to get into closer contact with the Hello Tomorrow Community, e.g. with deep-tech investors from around the globe.

hello-tomorrow.com/about-us/

Handelsblatt: Start-up will Handy-Displays durch besseres Blau sparsamer machen

Hochauflösende Bildschirme haben ein Farbproblem. In dessen Lösung liegt Potenzial für Energieeinsparungen in Milliardenhöhe. Das Dresdner Start-up Beeoled lockt damit Investoren.

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beeOLED raises EUR 13.3m in Series A funding from world-class deep tech investors to solve the last big challenge of the OLED industry

The German deep tech startup will use the investment to further develop its innovative, high-efficiency, deep-blue emitter technology towards go-to-market-readiness.

beeOLED, a Dresden-based deep-tech startup, today announced it has raised EUR 13.3m for a Series A funding co-led by eCAPITAL and Innovation Industries. The round was joined by KBC Focus Fund as well as existing investors M Ventures (the corporate venture capital arm of Merck KGaA, Darmstadt, Germany), HTGF, TGFS, and JBN-Invest.

Founded by veterans of the OLED industry and led by serial entrepreneur and Novaled co-founder Jan Blochwitz-Nimoth, the company is aiming to solve the last major challenge of OLED displays: efficient and stable deep-blue emitters. The company will officially emerge from stealth mode presenting their progress with a presentation at the key industry event “International Meeting on Information Display” (IMID) in Busan, South Korea on August 25th.

Today, deep blue emitters in OLED displays are either stable (fluorescent emitters) or efficient (phosphorescent emitters, TADF emitters), but no market-ready technology delivers both of these important metrics at the same time. beeOLED’s intra-metallic emission technology has proven high stability and high efficiency when employed in other display technologies in the past, but, so far, had not been useable in OLEDs. The beeOLED team managed for the first time to make such molecules compatible with the vacuum processing technology used in high-volume OLED display manufacturing today – a technical breakthrough, protected by several patents, that was made possible by the team’s extensive know-how in ligand design. Carsten Rothe, CTO of beeOLED, explains: “Our technology seamlessly integrates into existing OLED structures and established OLED display manufacturing technology. The technology allows for 100 percent internal quantum efficiency, a prerequisite for the highest power efficiency in OLED displays.”

beeOLED’s CEO Jan Blochwitz-Nimoth said “It's incredible to see that after all these years, this critical issue for OLED displays still hasn’t been solved. This creates a huge market potential for a materials provider. We are very happy that we not only found the solution to that issue but also were able to team up with such an amazing group of investors to fund the commercialization of this technology.”
“As an early investor in the OLED space, we have seen many startups that aimed to solve this last major challenge of OLED displays. But beeOLED was able to convince us as they not only have the most promising solution but also the experienced team needed to bring such a disruptive technology to the market, especially with key experience in the OLED-materials field.” remarked Paul-Josef Patt, Managing Partner and CEO of eCAPITAL.

“Increasing the efficiency of the blue emitter in OLED displays is a key driver to reduce energy consumption in modern TVs, tablets and smartphones. Our investment into beeOLED is therefore in line with our mission to support ground-breaking deep tech startups for a more sustainable future.” added Tom van Vuren, Director at Innovation Industries.
Christian Patze of M Ventures added: “As the corporate VC of one of the largest OLED materials suppliers in the world, the potential of beeOLED’s innovation was immediately clear to us. We are very happy to have such reputable investors join us on the journey to build the next OLED materials success story in Germany.”

About beeOLED

beeOLED, founded 2020 by a team of OLED (organic-light-emitting-diodes) veterans and located in Dresden, Germany, is targeting to solve the last big problem of the OLED industry – an efficient & long lasting, deep-blue emitter to improve displays in phones, tablets, laptops, TVs. It’s technology is based on making elementary emission from atoms fit for use in vacuum coated small-molecular OLEDs. This is achieved by deep knowledge about Lanthanide chemistry and it’s application in devices.

About our investors

eCAPITAL

Founded in 1999, eCAPITAL is an entrepreneur-led venture capital investor focusing on early- and growth-stage deep-tech companies with a positive impact on society. eCAPITAL is based in Germany and invests with its own funds with a total volume of over € 340 million in the areas of Sustainability, Enterprise Software, Cybersecurity, IoT and New Materials. In addition to financial resources, eCAPITAL offers its portfolio companies strategic support and access to an international network of entrepreneurs, scientists, investors and founders and was lead investor in various deep-tech companies such as sonnen, Novaled and Jedox, which were sold very successfully to international corporates or investors.
www.ecapital.vc

Innovation Industries

Innovation Industries is a Dutch deep tech venture capital firm with over €500 million in capital under management and a leading player in Western Europe. Innovation Industries invests in deep-tech with the potential to solve global challenges. Innovation Industries invests in industrial technology, med-tech, and agri & food technology. Its portfolio companies make impact through breakthroughs in energy-efficient photonic chips, climate-resilient seeds, safer & more efficient batteries, sensing technologies for better care, and more.
www.innovationindustries.com

M Ventures

M Ventures is the strategic, corporate venture capital arm of Merck KGaA, Darmstadt, Germany. From its headquarters in the Netherlands and offices in Germany, USA and Israel, M Ventures invests globally in transformational ideas driven by innovative entrepreneurs. Taking an active role in its portfolio companies, M Ventures teams up with management teams and co-investors to translate scientific discoveries into commercial success. M Ventures focuses on identifying and financing novel solutions to some of the most difficult challenges, through company creation and equity investments in fields that will impact the vitality and sustainability of Merck KGaA, Darmstadt, Germany‘s current and future businesses.
www.m-ventures.com

High Tech Gründerfonds

The seed investor High-Tech Gründerfonds (HTGF) finances tech startups with growth potential and has supported more than 700 startups since 2005. With the launch of its fourth fund, HTGF now has about 1.4 billion euros under management. Its team of experienced investment managers and startup experts support young companies with expertise, entrepreneurial spirit and passion. HTGF’s focus is on high-tech startups in the fields of digital tech, industrial tech, life sciences, chemistry and related business areas. To date, external investors have injected about 5 billion euros of capital into the HTGF portfolio via more than 2,000 follow-on financing rounds. In addition, HTGF has already successfully sold shares in more than 170 companies. Fund investors in this public-private partnership include the German Federal Ministry for Economic Affairs and Climate Action, KfW Capital and 45 companies from a wide range of industries.
www.htgf.de

TGFS

TGFS Technologiegründerfonds Sachsen provides technology-oriented founders with investment capital for the seed and startup phase. The fund was first launched in 2008 by the Free State of Saxony (including ERDF funding) and Saxon financial institutions and has since supported over 100 startups. In 2023, TGFS started its third fund generation. TGFS focuses on young, innovative, technology-oriented companies that belong to the ICT, semiconductor and microsystems technology, medical technology, life science, environmental and energy technology, and new media sectors and have their registered office or place of business in Saxony, Germany.
www.cfh.de/en/tgfs-start/

KBC Focus Fund

KBC Focus Fund is a €50 million venture capital fund that invests in advanced technologies with a particular emphasis on semiconductor, nanotechnology and IoT. The focus is on Belgium and surrounding countries where well-known expertise centers are located. KBC Focus Fund leverages on the network and expertise of KBC Group and is managed by KBC Securities, which has a solid knowledge of the tech ecosystem in Belgium and beyond, with experienced teams in Venture Capital, M&A, Corporate Finance, and Research & Sales. As part of the KBC Group, the KBC Focus Fund aims to be long-term partners for entrepreneurs.
www.focusfund.be

JBN Invest GmbH

JBN-Invest GmbH is the Business Angel investment vehicle of Jan Blochwitz-Nimoth, former founder and CTO & CSO of Novaled GmbH (an OLED company, exited to a group of Samsung companies in 2013) and founder and CFO of Arioso Systems GmbH (a MEMS micro-speaker company, exited to Bosch Sensortec in 2022).

If you require printable image files in higher resolution or additional information on captions, please contact us. You can get in touch with us via the contact details below.

Contact for press inquiries:

Eileen Berger
PR Representative
Phone: +49-351-85070500
Mail: info@beeoled.com

beeOLED will present its novel blue OLED emitter approach at IMID conference 2023 in Busan, South Korea

beeOLED was founded 3 years ago by experienced OLED (organic-light-emitting diodes) professionals with the aim to advance a novel approach to solve the long existing blue efficiency problem in OLED displays.

Emitters used for the deep blue colour in OLED displays are either long-lasting (fluorescent emitters) or efficient (phosphorescent emitters, TADF emitters), but not both at the same time.

We revisited all approaches used by scientists to create blue light emission and found the use of intra-metallic emission the most promising. It has advantages in terms of long-term stability and can easily handle the excitation and de-excitation process going on trillions of times inside the OLED emitter material. However, the materials available could not be vacuum coated and have been air instable. However, vacuum coatability and air-stability are essential features for material integration into OLED displays.

By advanced lanthanide chemistry we now managed for the first time to enable such emitters to generate deep-blue (between 450nm and 465nm peak) emission with a sharp emission spectra and be vacuum processed for seamless integration into existing OLED structures and established OLED display manufacturing technology. Even more, this technology allows for 100% internal quantum efficiency, a pre-requisite for utmost power efficiency of OLED displays.

We have been invited to give a late-news talk at the renowned technology and business conference IMID 2023 in Busan, South Korea. IMID (International Meeting on Information Display), organized by the Korean Information Display Society and SID – Society for Information Display, is the place where OLED display research and industry experts meet in Asia – the dominating production location for OLED displays. BeeOLED CTO and co-founder, Dr. Carsten Rothe, will give a speech on Friday the 25th of August.

beeOLED’s CEO, Dr. Jan Blochwitz-Nimoth, looks forward to this conference: “Inviting beeOLED to present on such short notice shows that the topic of blue emission is very hot in the display community and motivates us even more to contribute in solving this issue. We look forward to exchange with the participants of the conference and other OLED actors.”

About beeOLED

beeOLED, founded 2020 by a team of OLED (organic-light-emitting-diodes) veterans and located in Dresden, Germany, is targeting to solve the last big problem of the OLED industry – an efficient & long lasting, deep-blue emitter to improve displays in phones, tablets, laptops, TVs. It’s technology is based on making elementary emission from atoms fit for use in vacuum coated small-molecular OLEDs. This is achieved by deep knowledge about Lanthanide chemistry and it’s application in devices.

If you require printable image files in higher resolution or additional information on captions, please contact us. You can get in touch with us via the contact details below.

Contact for press inquiries:

Eileen Berger
PR Representative
Phone: +49-351-85070500
Mail: info@beeoled.com

History of beeOLED - an overview

beeOLED was founded by the two OLED experts Dr. Carsten Rothe and Dr. Volodymyr Senkovskyy in November 2020 supported by an Exist grant of 0.9m€.

In 12/2021 a seed round of 2.7m€ by HTGF and M Ventures (corporate VC of Merck KGaA Germany) could be secured.

In 09/2022 a seed round extension by TGFS and JBN-Invest took place.