OLED manufacturer Rouyu Technology received an investment of 80 million US dollars

August 25, 2021

Royole, a developer of flexible OLED technology and VR heads, announced that it has received a $80 million Pre-D round from Warmsun Holding Group. Rouyu Technology has raised 280 million U.S. dollars since 2012, and its current market value has reached about 3 billion U.S. dollars.

So why can Rouyu Technology get such a high valuation? A few months ago, they released their first product, the foldable VR headlined Royole Moon. The head display uses an OLED microdisplay with a pixel density of over 3000 PPI. Moon, which sells for $799, uses Jono Technology's own Moon operating system and comes with a soundproofing headset.

Softwoo Technology is currently developing flexible AMOLED technology. In 2014, the company introduced a 0.01 mm foldable AMOLED prototype with a bend radius of 1 meter. According to a 2014 report, Rouyu's technology is concentrated in the motherboard of the display.

Softwoo Technology is also developing flexible sensor technology and offering IP licensing. The company said it has more than 500 patents (issued and pending) in materials, processes, equipment, circuits, software and product design.

OLED manufacturer Rouyu Technology received an investment of 80 million US dollars

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