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Semiconductors Series A Founded 2010

OLEDWorks

OLEDWorks manufactures organic light-emitting diode (OLED) lighting solutions for automotive, microdisplay, and specialty lighting applications. The company is a global leader in high-performance, multi-stack OLED technology, producing products under its Atala automotive brand that power digital OLED rear lighting for Audi vehicles including the Q4 e-tron, Q3, Q5, and A6 e-tron. OLEDWorks' technology features…

📍 Rochester, United States · Display Technology,

Funding snapshot

Last roundSeries A
Amount$35M
Date25 June 2025
Total raised$31M
Team size147

About

OLEDWorks manufactures organic light-emitting diode (OLED) lighting solutions for automotive, microdisplay, and specialty lighting applications. The company is a global leader in high-performance, multi-stack OLED technology, producing products under its Atala automotive brand that power digital OLED rear lighting for Audi vehicles including the Q4 e-tron, Q3, Q5, and A6 e-tron. OLEDWorks' technology features individually addressable segmentation within panel designs, enabling crisp logo displays and dynamic animations for customized light signatures. The company offers standard products including Brite 3 and Amber, custom embedded lighting solutions, and microdisplay panels. OLEDWorks has won the PACE Award and AutoTech Collaborative Partnership Award for its Digital OLED 2.0 panels, and received EUR 30 million in EIB financing for automotive lighting manufacturing expansion. Founded in 2010 and headquartered in Rochester, New York, with manufacturing in Aachen, Germany, OLEDWorks has raised approximately $30.6 million in Series A funding from investors including RGE, New York State Energy Research and Development Authority, DOE, and the European Investment Bank.

Business model

Energy Efficiency Tech > Lighting Products > OLED,

Photonics > Nanophotonics > Nanophotonic Products > LEDs,

Display Technology > Display Manufacturer > Flat Panel Displays > OLED Displays

Team background

College Wise > University of Toronto

Institutional investors

RGE New York State Energy Research and Development Authority DOE Japan Display East OSTI European Investment Bank

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