Joffe & Associés advised Microoled in connection with its €8.5 million fundraising, as well as its investors. This transaction follows the extended financing round completed in November 2024, which saw the entry of Applied Ventures, the venture capital arm of Applied Materials.
Joffe & Associés advised Microoled in connection with its €8.5 million fundraising, as well as its investors. This transaction follows the extended financing round completed in November 2024, which saw the entry of Applied Ventures, the venture capital arm of Applied Materials.
Microoled, a recognized specialist in the manufacture of high-resolution, low-power OLED micro-displays, continues to pursue its innovation strategy and international expansion. The company masters a rare technology: the production of organic light-emitting micro-diodes, serving both recreational applications and security-related markets.
This fundraising follows a €21 million round in 2023, led by Jolt Capital and the French Defence Innovation Fund, managed by Bpifrance and supported by the French Defence Innovation Agency, which enabled Microoled to strengthen its product range, increase production capacity in Grenoble, and reinforce its sales teams. Historical investors Ventech and Cipio Partners also took part in that transaction.
This latest financing will help accelerate Microoled’s international expansion, particularly in the United States, and further support its research and development efforts.
The Joffe & Associés team advising on the transaction was composed of Thomas Saltiel and Camille Malbezin, partners, and Antoine Danieck, associate.
