Kyulux is a Fukuoka-based OLED materials startup that exclusively licenses Hyperfluorescence technology invented at Kyushu University. The company develops thermally activated delayed fluorescence (TADF) and Hyperfluorescence emitters aimed at enabling fully efficient blue emission for OLED displays. Kyulux says its technology can improve emitter efficiency and has already seen commercial use: WiseChip launched a display using Kyulux’s hyperfluorescent yellow emitter in late 2019. The company plans to accelerate OLED R&D, expand its IP portfolio, and support mass production of hyperfluorescent OLEDs by 2025. At Display Week 2022 Kyulux reported green materials would enter pilot testing in Q3’22 with smartphone mass production targeted in H2 2023, and red following in early 2024 with production by end of 2024. Kyulux develops and sells TADF and Hyperfluorescence-based OLED materials and solutions to manufacturers in the display and lighting industries. The company was co-founded in 2015 by Prof. Chihaya Adachi (inventor of TADF), Junji Adachi (CTO) and Dr. Christopher Savoie (CEO) and is based in Fukuoka, Japan. Kyulux owns or has exclusive or co-exclusive rights to a large TADF intellectual property portfolio developed over the past seven years at Kyushu University and industrial partners. Kyushu University announced the transfer of a large portfolio of TADF-related patents and took equity participation in the financing. The company intends to use the Series A proceeds to further develop TADF technology into the new standard for OLED displays and lighting.

Total raised

$43M

Funding rounds

2

Latest round

Series C

Latest activity

Dec 2023