News: LEDs
21 January 2026
Polar Light raises €5m+ funding to accelerate micro-LED commercialization
Polar Light Technologies AB — which stems from research by founder professor Per-Olof Holtz and his team at Linköping University (with support from Sweden’s innovation agency Vinnova) — has closed a €5m+ funding round led by J2L Holding AB, with participation from STOAF, Almi Invest and Butterfly Ventures .
The additional funds will advance the rollout of Polar Light’s initial products, all based on its unique micro-LED architecture. This uses pyramidal structures grown without etching, enabling full RGB on a single epiwafer.
“Last May, we unveiled our first micro-LED display prototype. Today’s funding announcement gives us the required runway to bring our first products to market,” says CEO Oskar Fajerson. “Micro-LED 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,” he adds.
“Polar Light Technologies is the global leader in developing the next-generation micro-LED technology that will power tomorrow’s display applications,” comments J2L Holding’s CEO Johan Lindh. “As the market begins to scale, Polar Light is well positioned to lead the way with innovations that make micro-LED displays easier to produce and far more accessible to integrate.”
In 2025, Polar Light demonstrated its first public prototype at Display Week and showed an updated display at MicroLED Connect in September.
Polar Light demos first pyramidal µLED micro display prototype
Polar Light achieves 625nm-wavelength red pyramidal micro-LED
Polar Light partners with Finetech to connect pyramidal GaN micro-LEDs
Linköping micro-LED spin-off Polar Light Technologies appoints CEO
