Royole closes a low-key USD300m Series F round, valued at USD6b

Royole has completed a financing of 300 million US dollars in the fourth quarter of 2019 and is currently valued at 6 billion US dollars. At the end of 2019, there were also speculations that the company was preparing for an IPO.

Royole has completed a financing of 300 million US dollars in the fourth quarter of 2019 and is currently valued at 6 billion US dollars. At the end of 2019, there were also speculations that the company was preparing for an IPO.

Royole is a manufacturer of advanced flexible displays, flexible sensors and smart devices designed to provide novel technology for every day use. The company’s advanced flexible displays, flexible sensors and smart devices provides IP licenses and services for a variety of industries associated with display and flexible electronics applications, enabling industries associated with displays and flexible electronics applications to meet their needs.

At present, Royole has cooperated with more than 500 corporate clients worldwide, including internationally renowned brands such as Louis Vuitton, Airbus, China Mobile, Li Ning, GAC, Toyota, Cleer, PSA, Legrand, etc. The company gradually launched various product applications, demonstrating more value brought by the fully flexible display technology.

In the meantime, Royole is also improving its mass production capacity to meet the needs of more corporate partners.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/24/royole-closes-a-low-key-usd300m-series-f-round-valued-at-usd6b/.

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