Polar Light Technologies AB has raised a €5 million+ funding round to accelerate the commercialization of its next-generation MicroLED technology, bringing the company’s total funding to €13 million. The round was led by J2L Holding AB, with participation from STOAF, Almi Invest, and Butterfly Ventures. Polar Light develops a proprietary pyramidal MicroLED architecture designed to deliver exceptional brightness and energy efficiency while simplifying manufacturing. The fresh capital will be used to bring the company’s first MicroLED-based products to market, initially targeting small, purpose-built HUD displays, before expanding into smart glasses and wearable applications as product launches approach.
Polar Light Technologies AB is a semiconductor technology company based in Linköping, Sweden, focused on the development of MicroLED display solutions. The company works on a proprietary MicroLED architecture that uses pyramidal structures grown without etching, enabling full RGB integration on a single epi-wafer. Its technology is designed to address manufacturing complexity and performance constraints associated with conventional display technologies. Polar Light Technologies targets applications where high brightness and low power consumption are critical, including head-up displays, smart glasses and wearable devices.
“Last May, we unveiled our first MicroLED display prototype. Today’s funding announcement gives us the required runway to bring our first products to market,” said Oskar Fajerson, CEO of Polar Light Technologies. “MicroLED represents the future beyond LCD and OLED, with vast market potential. Our initial focus will be on small purpose-built HUD displays, followed swiftly by applications in smart glasses and wearables.”
MicroLED is widely regarded as a revolutionary display technology due to its unparalleled brightness and low power consumption, making it possible to create whole new categories of display types for a wide variety of novel use cases.
“Polar Light Technologies is the global leader in developing the next-generation MicroLED technology that will power tomorrow’s display applications,” said Johan Lindh, CEO of J2L Holding AB. “As the market begins to scale, Polar Light is well positioned to lead the way with innovations that make MicroLED displays easier to produce and far more accessible to integrate.”
In 2025, Polar Light demonstrated its first public prototype at Display Week and showed an updated display at MicroLED connect in September.
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Read the orginal article: https://arcticstartup.com/polar-light-technologies-raises-e5m/
