In the News

Pixelligent Technologies Raises $3.4 million in Convertible Debt

Baltimore Business Journal

Baltimore-based Pixelligent Technologies has raised $3.4 million in convertible debt to put toward expanding its nanocrystal manufacturing business. The late Series B round will go toward expanding Pixelligent’s customer base globally and increasing capacity of its manufacturing facility to at least 40 tons a year, beginning in 2016.

SSL In America: Spotlight on Pixelligent

Pixelligent makes high-refractive-index optical materials that are sold primarily to manufacturers of LEDs and OLEDs, who use them to increase the light-extraction efficiency of their products. Pixelligent vice president of product management Matt Healy explains that these optical materials are based on zirconia nanocrystals, which are mixed in with the silicone encapsulant that covers LEDs, and in OLEDs comprise a smoothing layer that’s sandwiched between the indium tin oxide and the glass.

Pixelligent Technologies Receives $1M Phase-II OLED Lighting Award from DOE

LED Inside
Pixelligent Technologies announced that it has been selected for a Phase II Solid State Lighting award from the US Department of Energy to support the development of advanced light-extraction materials for OLED Lighting. Pixelligent has partnered with OLEDWorks for this grant, which follows work on a Phase I award from September 2014.

Senate Small Business Committee finds consensus on Patent Reform

IP Watchdog

Significant consensus was reached between representatives of small business and universities at a hearing of the U.S. Senate Committee on Small Business and Entrepreneurship on March 19, 2015. The hearing was held to take testimony relating to proposed reforms to the U.S. patent system. The day’s discussion prompted Sen. Chris Coons (D-DE) to make the comment that the argument over whether there is any need to diminish the rights of patent owners has been “turned on its head.”

Nanotech Faces Insurance Hurdles

Chemical & Engineering News

Newcomers to a growing nanotechnology manufacturing industry face an unexpected stumbling block when they try to acquire traditional business insurance, owners say.

Shape the Future: A Tiny Technology to Brighten Skyscrapers

Fortune

A spectrum of ‘possible’: Companies in an array of industries are working to shatter the status quo. The technology that makes for a brighter display on your smartphone is primed for a revolution in the next five years—one that will also make it cheaper and more practical for businesses to illuminate their commercial office buildings.

How To Sell A Nanotechnology Revolution

Forbes

Last week, Baltimore-based nanotech firm Pixelligent Technologies closed a funding round of $5.5 million to continue its development and growth. This marks a total of $23 million in equity funding the firm has raised to date, plus another $10 million it’s received in the form of government grants to develop its technology.

Pixelligent closes $5.5M in funding

Solid State Technology

Pixelligent Technologies, producer of PixClear, nanocrystal dispersions for demanding applications in the Solid State Lighting and Optical Coatings & Films markets, announced today that it closed $5.5 million in new equity funding.

Expand to Ito zirconia dispersion for organic EL lighting

The Chemical Daily

Ito is embark on full-scale development of new merchandise to increase the amount of organic EL (electroluminescence) illuminating a light emitting diode (LED) lighting. High transparency, and start the handling of zirconia nanocrystals dispersion to increase the amount of light extraction by high refractive index “PixClear”.

Lighting Sheets Would Use Half as Much Power as Lightbulbs

MIT Technology Review

Lighting consumes about 20 percent of all the electricity used in the U.S. The next big thing in lighting could be glowing sheets that use half as much energy as an equivalent fluorescent fixture and can be laminated to walls or ceilings. The sheets will contain organic LEDs, or OLEDs—the same kind of technology used in some ultrathin TVs and smartphones.