Friday, August 15, 2014 9:22:34 AM
richard wilson
13th August 2014
Click For electronicsweekly.com Article
smartkem
BASF Venture Capital has invested €1m in SmartKem, the Wales-based developer of organic semiconductor inks.
SmartKem’s inks are used in printed thin film transistors (TFTs), which are used as the driver transistors in flexible OLED (Organic Light Emitting Diodes) displays.
The two companies will work together in the chemistry research for flexible displays and circuits.
Steve Kelly, CEO of SmartKem told Electronics Weekly earlier this year:
Thin film transistors can be used to drive displays by switching pixels on and off. Traditional TFT displays use silicon or metal oxide transistors are processed on glass at high temperatures. Organic thin film transistors can be processed on plastic films at lower temperatures.
The total investment of the financing round was €3m. Further investors with equal terms were Octopus Investments and Entrepreneurs Fund.
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