Kyulux wins the Japan Minister of Economy, Trade and Industry JST Academic Startups Award

Fukuoka, Japan, July 29, 2019 – Kyulux Inc., a world leader in next generation of organic light emitting diode (OLED) HyperfluorescenceTM/TADF technology, today announced that it has won the prestigious Japan Science & Technology Agency award (JST University Venture Award) in which the most promising start-ups are chosen based on academic research outcomes. This award is meant to promote start-up and post-enterprise activities, and further support university-originated ventures from universities and companies.

Kyulux will share the award with Kyushu University and QB Capital, which has invested in Kyulux from its inception.

The award ceremony will take place at the “Innovation Japan 2019” event, in the Owme Exhibition hall B at Tokyo Big Sight (14:30 – 16:30, August 29). On August 30 (13:00 – 15:00 at the same location), a presentation and panel discussion (titled JOIC presents NEDO Dream Panel & Pitch) will be held. Kyulux’s CEO Junji Adachi will give a short presentation and participate in this panel discussion.

Kyulux will also have a booth at the exhibition during the “Innovation Japan 2019 University Fair & Business Meeting” (August 29-30). Kyulux’s booth (number uv-02) will be located at Exhibition Hall B. Kyulux welcomes all Innovation Japan 2019 attendees to visit our booth.

Junji Adachi, CEO of Kyulux, commented: “On behalf of Kyulux, I would like to express immense gratitude for this prestigious award. I sincerely thank all our team members and supporters, and everyone involved. I hope we can continue to live up to your expectations and contribute to the further success of this company. We will continue to work together to commercialize our HyperfluorescenceTM / TADF technology and fulfill the promise of organic electronics. Thank you”.

Dr. Chihaya Adachi, Director of the Center for Organic Photonics and Electronics Research
(OPERA) in Kyushu University
, stated: “I am very glad to hear Kyulux won such a great award! I hope that all the employees will go on working together, to take the technology from development to sales to the goal of commercializing TADF. I look forward to the moment that TADF’s science and technology will go out to the world, directly from Fukuoka. Best wishes for further success! Thank you”.

Tsuyoshi Sakamoto, Representative Partner of QB Capital, LLC, said: “It is extremely pleasing that the Kyulux team won the Minister of Economy, Trade and Industry Award. I believe the award resulted from Kyulux’s management team and all the members’ amazing efforts and passion. We look forward to the further development and growth of this company and the creation of Japanese-originated innovation in the Organic Electronics. Thank you.”

ABOUT KYULUX
Kyulux is a leader in developing and delivering the next generation of organic light emitting diode (OLED) technology, TADF. Kyulux develops and sells TADF and HyperfluorescenceTM based OLED materials and solutions to manufacturers in the display and lighting industries.

Founded in 2015, the Company currently owns or has exclusive, co-exclusive or sole license rights to a large TADF intellectual property portfolio developed over the past seven years at Kyushu University and its industrial partners. Kyulux also enjoys an exclusive license to cutting-edge deep learning–based artificial intelligence technology for chemical discovery developed at Harvard University.

Kyulux is based in Fukuoka, Japan, with an advanced research and development center in Boston, Massachusetts. For further information please visit: https://www.kyulux.com

Media Contact: info@kulux.com

Kyulux to participate in The 28th Meeting of the Japan OLED Forum

The 28th Japan OLED Forum will be held at Odaiba, Tokyo International Exchange Plaza Heisei, 3rd floor of the “International Conference Hall” on Thursday – Friday, June 13-14, 2019.
Kyulux will exhibit TADF / Hyperfluorescence panels at its corporate booths. We look forward to seeing you there!

During the event, Kyulux’s CEO, Junji Adachi, will give a lecture titled “HyperfluorescenceTM; a Game Changing Technology of OLED Display” on Thursday (June 13th) 11:00 to 11:30 a.m.

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Meet Mr. Sang Yeop Yeo, Kyulux’s new Chief Business Development Officer

Kyulux is very proud of its HF TADF technology that will enable efficient, cost-effective and durable OLEDs. Our greatest asset, however, is our employees, because a company is only as good as the people it’s made up of.

From time to time, this blog will give the stage to the bright and competent people who make Kyulux what it is. Meet Mr. Sang Yeop Yeo, the new Chief Business Development Officer of Kyulux, who joined Kyulux this May at the Fukuoka office.

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Kyulux to be featured in the 2019 Japan-US Innovation Showcase

The Japan-U.S. Innovation Awards Program announced five Japanese startup companies to be featured in the 2019 Innovation Showcase (now in its ninth year) that will take place on July 26th at Stanford University. The Innovation Showcase recognizes young and rapidly growing companies that develop exciting technologies and have the potential for major worldwide impact.

Kyulux was one of the five chosen companies, and Kyulux’s CEO Junji Adachi and CFO Akira Minakuchi will represent Kyulux in the event and share the story of Kyulux’s innovation and recent progress. The other four companies are Atonarp (molecular camera), Cinnamon (AI), Triple W (connected health devices) and Valuenex (AI and predictive analytics).

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Kyulux completes its Series B funding round and raises $31.8 million

Kyulux is proud to announce that it has finalized its Series B funding round, in which it raised ¥3.5 billion (around $31.8 million USD). In 2016, Kyulux raised ¥1.5 billion from several companies and VCs, that also participated in the Series A round – in addition to Silicon Valley based WRVI capital. Nicholas E. Brathwaite, the founding Managing Partner of WRVI capital has joined the board of Kyulux as an outside director.

Kyulux will use the funds to further accelerate product development and strengthen its intellectual property, business development and organizational structure of the company. Kyulux will also update its governance system to match its global business development goals.

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Kyulux concludes a successful SID DisplayWeek 2019

The premier display industry event, SID DisplayWeek, took place last week in San Jose, California. As in previous years, Kyulux had a booth which drew many visitors. Visitors were impressed with Kyulux’s blue material development and the potential for mass production readiness soon. At our booth, we exhibited our Hyperfluorescence™ technology and will also showed Wisechip’s yellow HF PMOLED panel.

Many future-technology teams from large companies visited our booth and it was great to see the industry’s expert learning about Hyperfluorescence and TADF and this again emphasized the great need for a stable and efficient blue OLED emitter.

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