Reflective LCD developer Azumo raised $30 million

ePaper display developer Azumo announced that it raised $30 million in funding, led by Anzu Partners VR, with additional funding from SABIC Ventures, VectoIQ, Dipalo Ventures and Energy Foundry. The company will use the funds to accelerate its expansion and increase its manufacturing capabilities.

Azumo (previously FLEx Lighting) developed a sunlight-readable, reflective LCD 2.0 technology that offers up to 10x the energy savings compared to traditional backlit LCDs. Azumo says its displays combine high video rate capability with superior readability in bright sunlight conditions to eliminate glare. Azumo offers its displays in sizes ranging from 1-inch to 17-inch.

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Posted: May 17,2022 by Ron Mertens