Polyera Corporation

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Polyera Corporation - overview

Established

2005

Location

Skokie, IL, US

Primary Industry

Semiconductors

About

Polyera Corporation is a technology innovator specializing in Flexible Thin-Film Transistors (TFTs) that enable the development of flexible electronic devices for various applications, including consumer electronics and wearables. Founded in 2005 and headquartered in Skokie, US, Polyera Corporation focuses on advanced electronic materials and technologies. The company has completed 9 deals and raised a total of USD 24. 50 mn, with its most recent funding round being a VENTURE DEBT of USD 13.


66 mn on February 10, 2016. Polyera develops and produces Flexible Thin-Film Transistors (TFTs) through its Digital Fabric Technology. The Flexterra Flexible TFT™ employs proprietary ActivInk® materials to create flexible electronic devices applicable in consumer electronics, wearable tech, and display systems, helping manufacturers in North America, Europe, and Asia to innovate in flexible electronics. Polyera's revenue is generated through B2B partnerships with manufacturers and technology firms that utilize its ActivInk® materials.


This includes long-term agreements that ensure a steady supply of Flexible TFT technology, allowing partners to develop and market flexible electronic products, thus securing a portion of the value chain in the advanced electronics sector. Polyera plans to leverage its latest VENTURE DEBT funding raised in February 2016 to expand its product line and enhance its technological capabilities. The company is also looking to penetrate new markets across Asia and Europe by the end of 2023, with specific focus on high-demand sectors such as wearables and smart devices. Upcoming product launches are anticipated to enhance their current offerings, aligning with market trends for flexible electronics.


Current Investors

Chengwei Capital, Solvay, Tsing Capital

Primary Industry

Semiconductors

Sub Industries

Electronics, Semiconductors

Website

www.polyera.com

Company Stage

Series C

Total Amount Raised

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