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Pixel-Flo Raises £5.25 Mn in Seed Round led by Northern Gritstone

Jul 9, 2026 | By Team SR

Pixel-Flo Raises £5.25 Mn in Seed Round led by Northern Gritstone

Pixel-Flo, a spin-out from the University of Sheffield, has raised £5.25 million in Seed funding. The funding round was led by Northern Gritstone, with additional investment from SCVC, the Parkwalk Northern Universities Venture Fund, and German investment firm HTGF.

The company is developing its Continuous-Flo™ Mass Transfer technology to solve a major challenge in MicroLED display manufacturing. The new funding will help Pixel-Flo further develop its technology and support its commercial growth.

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"This investment allows us to expand our team and demonstrate our unique technology on a commercial coating system, enabling partnership and evaluation by display manufacturing partners. We are proud to have a fantastic international consortium of complementary investors led by Northern Gritstone supporting our international ambitions to enable huge new market opportunities for microLED." said Rick Smith, CEO and Co-founder of Pixel-Flo

"Pixel-Flo is a great example of the deep-tech innovation with global ambitions emerging from the Northern Arc that Northern Gritstone strives to support. As a graduate of our NG Studios venture building program, the company combines world-class science with a clear path to commercial impact. By developing a scalable, lower-cost solution, Pixel-Flo's MicroLED mass transfer assembly process has the potential to unlock MicroLED displays for the mass market." said Duncan Johnson, CEO, Northern Gritstone

"Deep Tech is full of breakthrough technologies looking for a problem to solve. Pixel-Flo inverted that — an elegant solution to the bottleneck that has held microLED back, a display technology that outperforms on every metric. The syndicate around them reflects what the management team has already built." said John Williams, General Partner, SCVC

"From my experience in displays and printed electronics, I know all too well how challenging it is to scale new display technologies. Pixel-Flo's approach targets precisely this critical bottleneck in the micro-LED market — and this team has what it takes to deliver a key technology for the next generation of displays." said Anne Umbach, Senior Investment Manager, HTGF

Founded in 2025 by Dr Rick Smith, Dr Suneal Ghataora, and Simon Jones, Pixel-Flo develops technology that helps manufacturers produce MicroLED displays more efficiently and on a larger scale. The company was founded based on research from the University of Sheffield.

Its Continuous-Flo™ manufacturing process solves a major problem with traditional mass transfer methods, which become slower and more expensive when making larger display panels. The platform uses two main technologies: MicroLED ink and equipment that works with standard coating machines.

By improving the standard coating process, Pixel-Flo helps reduce production and material costs while making better use of MicroLED wafers. This makes large-scale MicroLED display manufacturing more efficient and cost-effective.

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