Microoled raises an additional €8.5M in funding
MICROOLED, the specialist in high-resolution, low-power OLED microdisplays, announced that it raised an additional €8.5 million over the summer to continue its innovation momentum and expand into the United States.
Whether in the defense or consumer markets, recent developments reflect the growing adoption of devices based on near-eye OLED microdisplays — mounted on glasses and helmets, or integrated into electronic sighting systems.
MICROOLED is recognized as one of the few international players capable of mastering the manufacturing of organic light-emitting diode (OLED) microdisplays with low power consumption, serving both recreational applications and security-related markets.
In 2023, the company announced a major €21 million fundraising round led by Jolt Capital, alongside the Defense Innovation Fund, managed by Bpifrance and backed by the French Defense Innovation Agency. This round supported the scaling up of dual-use technologies, particularly to finalize a range of full-color, high-brightness products, expand the production capacity at its Grenoble facility, and strengthen sales teams — especially internationally. Historical investors Ventech and Cipio also reinvested in this operation.
The fundraising was first extended in November 2024 with the entry of Applied Ventures, the venture capital arm of Applied Materials. During the summer of 2025, all the new shareholders then contributed an additional €8.5 million, demonstrating renewed confidence in the company. This funding will notably help accelerate MICROOLED’s international expansion and R&D efforts to develop a highly differentiated OLED technology to meet growing market demand.
The successive rounds of capital injections also reflect an optimal alignment between the shareholders and the new leadership duo, with Thierry Bissuel (CEO) and Faustine Gehin (CFO) taking the helm of the company last May.
[Grenoble, France - 16 Oct. 2025]