Kyulux announced that it has singed a capital and business alliance agreement with Nippon Soda, to establish a mass production system for TADF OLED emitter materials. Nippon Soda will take an equity stake in Kyulux and will engage in process development and capital investment toward establishing the mass production system.
This will be the world's first mass production and stable supply system for TADF materials. Kyulux aims to achieve full-scale mass production of its Hyperfluoresence emitter system by 2025, and this will be an important step forward as it will require a stable supply of TADF materials.
In December 2023 Kyulux raised $28.6 million USD in its Series C funding round, bringing Kyulux's total funding so far to $86 million USD.
Kyulux's 4th-Gen emission technology, Hyperfluorescence, is based on a combination of a TADF and fluorescent OLED emitter. Hyperfluorescence offers a narrow emission spectrum, while still maintaining an almost 100% IQE. This means that the total system efficiency of Hyperfluorescence-based OLEDs can be higher than that of PHOLED OLEDs, as Kyulux explains here.