Polar Light Technologies Raises Over €5M To Boost MicroLED Commercialization

The funding round was led by J2L Holding AB, with participation from STOAF, Almi Invest, and Butterfly Ventures.

Polar Light Technologies plans to use the capital to advance the launch of its initial products, all built on its pyramidal MicroLED platform.

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“Last May, we unveiled our first MicroLED display prototype. Today’s funding announcement gives us the required runway to bring our first products to market,” said Oskar Fajerson, CEO of Polar Light Technologies. “MicroLED represents the future beyond LCD and OLED, with vast market potential. Our initial focus will be on small purpose-built HUD displays followed swiftly by applications in smart glasses and wearables.”

Led by CEO Oskar Fajerson Polar Light Technologies leverages MicroLED technology with pyramidal structures grown without etching, enabling full RGB on a single epi-wafer. This design enables sub MicroLED solutions and provides excellent brightness and energy efficiency for advanced display applications.

In 2025 the company unveiled its first public prototype at Display Week and showcased an updated display at MicroLED Connect in September.

“Polar Light Technologies is the global leader in developing the next-generation MicroLED technology that will power tomorrow’s display applications,” said Johan Lindh, CEO of J2L Holding AB. “As the market begins to scale, Polar Light is well positioned to lead the way with innovations that make MicroLED displays easier to produce and far more accessible to integrate.”

About Polar Light Technologies

Polar Light Technologies develops advanced MicroLED technologies. Its pyramidal architecture grown without etching, allows full RGB on a single epi-wafer and supports sub-MicroLED innovations offering high brightness and energy efficiency for cutting-edge display applications. Visit Polar Light Technologies for more details.