SolOLED

SolOLED

Providing sustainable and cost-effective materials for solution-processed organic light-emitting diodes.

HQ location
St Andrews, United Kingdom
Launch date
Employees
Enterprise value
$1—2m
Company register number
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DateInvestorsAmountRound
-investor investor

€0.0

round
investor

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round
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£200k

Seed
Total Funding000k
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SolOLED operates at the intersection of materials science and consumer electronics, focusing on the development of advanced emitter materials for solution-processed organic light-emitting diodes (SP-OLEDs).

Founded in 2021 and spun out from the University of St Andrews in Scotland, the company leverages the research of Professor Eli Zysman-Colman's group. Professor Zysman-Colman, a director at the company, is a Professor of Chemistry, bringing deep domain expertise to the firm's technological foundation. The business was established to commercialize a more sustainable and cost-effective method for producing large-area displays, addressing the rapidly growing OLED TV and monitor markets. A significant milestone was achieved in May 2022, when SolOLED secured a £200,000 funding package from Scottish Enterprise to advance the commercialization of its materials.

The company's core business involves creating and supplying sustainable, metal-free emitter materials. This technology aims to replace the scarce and noble metals currently used in most OLED manufacturing. The key advantage of solution-processing over traditional vacuum deposition methods is the potential for lower manufacturing costs, reduced material waste, and greater efficiency in producing large displays. SolOLED's business model centers on supplying these patented emitter materials to display manufacturers. By doing so, it enables clients to reduce production costs and enhance the sustainability of their products. The company offers a range of emitter materials that produce colors from sky-blue to red and has demonstrated high efficiency in prototype devices.

Keywords: emitter materials, solution-processed OLED, SP-OLED, display technology, sustainable electronics, materials science, organic electronics, OLED manufacturing, cost-effective displays, large area displays, University of St Andrews spin-out, Eli Zysman-Colman, metal-free emitters, OLED TVs, monitor technology, advanced materials

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