SmartKem, Inc. is committed to reshaping the world of electronics with its disruptive organic thin-film transistors (OTFTs) that will drive the next generation of displays. The company's unique and patented TRUFLEX® semiconductor and dielectric inks, or liquid electronic polymers, are used to make a new type of transistor that will revolutionize the display industry. By enabling low temperature printing processes that are compatible with existing manufacturing infrastructure, SmartKem aims to deliver low-cost displays that outperform existing models, thus addressing the need for budget-friendly high-quality displays. Founded in 2008, SmartKem has its headquarters in the United Kingdom. The company's electronic polymer platform can be used in a number of display technologies including microLED, miniLED, and AMOLED displays for next generation televisions, laptops, augmented reality (AR) and virtual reality (VR) headsets, smartwatches, and smartphones, displaying a wide range of applications. The company recently received a $347.50K Post-IPO Equity investment on 07 March 2024, indicating investor confidence in its innovative approach. Thus, with its disruptive technology and apparent growth trajectory, SmartKem presents an exciting opportunity for venture capital consideration.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Equity | $347.50K | - | 07 Mar 2024 | |
Post-IPO Equity | $14.20M | - | 15 Jun 2023 | |
Post-IPO Equity | $2.00M | 1 | 27 Jan 2022 | |
Venture Round | $24.60M | - | 24 Feb 2021 | |
Grant | €1.85M | 1 | EASME - EU Executive Agency for SMEs | 01 Sep 2016 |
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