Lumenari develops narrow-bandwidth LED phosphors, offering its flagship Emerald phosphor to expand color gamut and range in displays including televisions, tablets, laptops, monitors and smartphones. Emerald is positioned to minimize brightness degradation and color shift while enabling wider color gamut displays. The company says the funds will accelerate its go-to-market strategy with OEMs, packaged LED suppliers and display manufacturers. Lumenari was launched in 2013 and relocated from Silicon Valley to Lexington, Kentucky. The display panel market was valued at $164 billion in 2017 and is projected to reach $235 billion by 2023, supporting demand for wider color-gamut solutions. The company emphasizes commercial deployment in LCD display backlighting applications.

Total raised

$3M

Funding rounds

1

Latest round

Series A

Latest activity

Oct 2018