Micledi in Series B Round

Cresco assisted Micledi in a EUR 7 million Series B investment round, led by FPIM and KBC Focus Fund.

MICLEDI Microdisplays is a technology leader in the field of microLED display technology for Augmented Reality headsets.

The company was spun-out of imec, a world-leading research and innovation hub in nano-electronics and digital technologies, in 2019 in collaboration with imec.xpand.

The new funding will enable the company to transition from the pilot line technology development to product design and subsequently to the manufacturing phase.

Cresco has assisted Micledi in its formation, funding and operational activities.

David Dessers and Olivier Van Raemdonck constituted the deal team that advised Micledi in this transaction.

More information on this transaction can be found in De Tijd.

For any further information or questions, please contact David Dessers or Olivier Van Raemdonck.