Dutch Morphotonics Raises €10 Million in Series B Funding

The round was co-led by BOM and Innovation Industries

Morphotonics, a pioneering company in large-area nanoimprint technology, has successfully raised €10 million in its Series B funding round. This significant investment, co-led by BOM (Brabant Development Agency) and Innovation Industries, with participation from 3M, marks a pivotal moment for the company as it celebrates its 10th anniversary. The funding will accelerate Morphotonics' mission to elevate global display technology, making advanced visual experiences more accessible and energy-efficient.

Investment Details and Leadership

The Series B round, which includes a first closing of over $10 million and anticipates a second closing by the end of the year, will enable Morphotonics to scale its operations and expand its global reach, particularly in Asia. The investment is a testament to the company's innovative technology and its potential to transform the consumer electronics and display markets.

Jan Matthijs ter Meulen, Co-Founder and CEO of Morphotonics, expressed his enthusiasm about the funding, stating, "We are at the brink of major growth for applications like glasses-free 3D displays and Smart AR Glasses. With this new funding, we will strengthen our market and technical leadership and expand our impact on the consumer electronics and display markets."

Investor Perspectives

Mark Copman, Senior Vice President of 3M New Growth Ventures, highlighted 3M's excitement about the investment and the potential for collaboration between the companies. He noted that 3M's investment in Morphotonics demonstrates its commitment to enabling innovative technology that can drive advancements in the consumer electronics space.

Ivana Sersic, Investment Manager at BOM, praised Morphotonics' work at the forefront of nanoimprint lithography and emphasized the significance of the investment in supporting the widespread adoption of next-generation displays. Jurgen van Eck, Senior Investment Manager at BOM, added that the investment aligns with BOM's mission to expand the machine building and manufacturing expertise of the North-Brabant region and the Netherlands.

Technological Innovations

Morphotonics' proprietary large-area Roll-to-Plate (R2P) nanoimprint technology is a game-changer in the display industry. The technology allows for the precise addition of complex structures, such as lenses or prisms, onto substrates like glass or foils, enabling the production of advanced optics for any display at any size. This capability is crucial for developing high-performance mobile screens, intuitive 3D displays, outdoor-readable smartphones, and immersive Smart AR Glasses.

The company's technology combines high precision with large-scale production and cost efficiency, making these advanced technologies accessible and commercially viable. Morphotonics serves leading customers across Europe, the United States, and Asia, who have adopted its innovative large-area nanoimprint technology.

Capital Utilization

The latest funding will enable Morphotonics to scale its operations and supply chain, expand its global customer base, and further position fully automated, large-area nanoimprinting as a standard in display optics production. The company aims to build on its early customer success and better serve the needs of leading innovators in display technology.

With the Series B investment, accelerating market demand, an experienced leadership team, and proven technology, Morphotonics is well-positioned to revolutionize the display industry. The company's commitment to advancing display technology that enhances visual quality and optimizes energy efficiency aligns with the growing demand for superior visual experiences in everyday digital interactions. As Morphotonics continues to innovate and expand its impact, it is poised to fundamentally change how we interact with screens.