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JBD completed hundreds of millions of yuan in Pre-B round of financing to accelerate MicroLED micro-display technology innovation

Bysun, keting

Jun 5, 2024
Shanghai Jade Bird Display Technology Co., Ltd. (hereinafter referred to as "JBD") announced that it has officially completed the Pre-B round of financing, raising hundreds of millions of yuan. The completion of this round of financing marks JBD’s official entry into the ranks of unicorns, and also injects strong momentum into the company’s technological innovation and continued growth.
The Pre-B round was led by Ant Group, followed by Geely Capital, and old shareholder GF Qianhe continued to increase its support. The financing funds will be used to increase R&D investment in MicroLED micro-display core technology, product mass production, introduction of high-end talents, and global market development.
JBD完成数亿元人民币Pre-B轮融资，加速MicroLED微显示技术革新
The rapid implementation of the Pre-B round of financing demonstrates the market’s firm confidence in JBD’s microdisplay technology strength and the prospects of the AR industry. Since taking the lead in mass production in 2021, the company's revenue growth has remained above 50%, and its cumulative shipments have exceeded one million microdisplays. It is also expected that year-on-year shipments will double in 2024. As a leader in the mass production of MicroLED microdisplays, JBD will continue to promote innovation and progress in the MicroLED microdisplay industry with its leading technology and production capacity advantages.
Technology continues to make breakthroughs, leading MicroLED micro-display innovation
Since the completion of Series A financing in June 2023, JBD has made breakthrough progress in the key performance of MicroLED micro-displays, new technology platforms, and display quality of near-eye systems.
As a key indicator that determines the performance of MicroLED microdisplays, brightness has always been the focus of JBD's continued research. In the past year, JBD has set new brightness records for MicroLED red, green and blue light: the green light brightness has reached an industry-leading 8 million nits, the blue light brightness has increased to 1.5 million nits, and the red light brightness has also exceeded the 1 million nits mark. This series of breakthroughs marks JBD's great progress in continuously improving the luminous efficiency of MicroLEDs.
Regarding the more cutting-edge single-chip full-color MicroLED microdisplay technology solution, JBD’s Phoenix series microdisplay prototype based on vertical stacking architecture has attracted much attention in the industry since its debut in August 2023. At the same time, the latest version demonstrated during SID 2024 has been significantly improved in brightness and color performance, further consolidating JBD's leading position in MicroLED forward-looking technology.
In response to the industry pain point of color non-uniformity in optical waveguide displays, JBD pioneered the industry's first optical waveguide image quality correction device ARTCs. This solution achieves real-time correction optimization through correction equipment + algorithm + light engine calculation, greatly improving the brightness and color uniformity of the optical waveguide, and greatly enhancing the visual experience of optical waveguide AR glasses. This innovation also provides a basis for the application and popularization of consumer-grade AR. Opened up new market space.

Innovation-driven, opening a new era of AR+AI integration

By increasing research on MicroLED microdisplay core technology, JBD is promoting the smart glasses industry to enter a new stage of development. As the explosiveness of AI experience increases, people's demand for accessing AI anytime and anywhere is also increasing, which brings unprecedented market opportunities. Different from a number of novel AI-specific hardware, AR glasses equipped with MicroLED light engines can provide users with comfortable all-weather wearing and real-time AI interaction experience due to their extreme lightweight and low power consumption. Ideal for your needs.
JBD完成数亿元人民币Pre-B轮融资，加速MicroLED微显示技术革新
JBD has a mature monochrome and color MicroLED light engine product line, which can provide highly competitive solutions for smart glasses with different positions. Currently, there are 25 models of AR glasses based on JBD MicroLED microdisplay solutions. These products meet consumers' expectations for lightweight and personalized AR glasses.
The planned second-generation "Hummingbird" series of MicroLED light engine products represents JBD's deep insight into product innovation and market demand. It achieves the ultimate in size, weight, and power consumption, and perfectly fits the requirements of smart glasses for lightweight and comfortable wearing. , long battery life and other aspects of stringent requirements. With the general trend of integrating AR and AI, it is expected that more than 10 new MicroLED smart glasses will be launched in 2024, which will fully unleash the potential of all-weather wear and further explore the infinite possibilities of seamless interaction between AR and AI.
Dr. Qiming Li, founder and CEO of JBD, said: "This round of financing will accelerate the commercialization of JBD MicroLED microdisplay technology and enhance our leadership in AR core components. JBD will continue to move forward on the road of technological innovation and continue to make breakthroughs." technology boundaries and strive to become the leader in smart glasses experience innovation.”
Looking forward to the future, JBD will continue to bring more innovative AR solutions to the industry with its leading advantages in the field of MicroLED microdisplays and the strong production capacity of its Hefei production base. Standing at a new starting point for the integration of AR and AI, JBD is committed to promoting AR to become the best application platform for AI technology, and working with terminal manufacturers to open a new era of AR+AI integration.
原文始发于微信公众号（JBD显耀显示）：JBD completed hundreds of millions of yuan in Pre-B round of financing to accelerate MicroLED micro-display technology innovation
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