Spin-out in cutting-edge light source technology
09 Jul 2010
Strathclyde has secured a spin-out deal to form a company working in the field of novel next-generation light source technology, which could open up a range of opportunities in multi-billion dollar applications including neuroscience, microscopy and communications.
An array of micro light-emitting diodes licensed by mLED |
mLED Ltd specialises in micro light-emitting diodes (microLEDs), devices made up of thousands of tiny emitters producing light in a compact, integrated package.
Unlike other micro-display technologies, microLEDs are dense arrays of miniature light sources which are pattern programmable and do not require a plethora of external components, such as optics and switching matrices, to modulate the light pattern, thereby making them more compact and efficient.
An array of micro light-emitting diodes licensed by mLED
Left to right: Dr Jim Bonar; Professor Martin Dawson, and Dr Erdan Gu, with an array of micro light-emitting diodes licensed by mLED. |
Braveheart Investment Group led the £150,000 funding round into mLED, investing via both the Strathclyde Innovation Fund (SIF) and the Alpha EIS Fund. Scottish Enterprise's Scottish Seed Fund also participated in the round.
Dr Jim Bonar, Chief Executive of mLED, said: "This is a very exciting international area of technology but there are only a few companies in the world which have recognised the opportunity and demonstrated capability in this area. We are producing a platform technology that is compact, robust, reliable and versatile.