What’s the story?
Mojo Vision secures $75M to commercialize its micro-LED platform with potential applications in AI and advanced displays.
Why it matters
The funding supports micro-LED commercialization, a technology that could overcome limits in brightness, size, and power.
XR industry context
Micro-LED advances mark a pivot point for XR, with display platforms positioned to support both immersive and AI-driven systems.
September 8, 2025 – Mojo Vision, a developer of high-performance micro-LED technology, has recently announced the close of a USD $75 million Series B Prime funding round to support commercialization of its micro-LED platform. The company’s CEO also noted that the funding will help support efforts to commercialize micro-LED applications that can power AI.
Mojo Vision previously developed the Mojo Lens augmented reality (AR) contact lens, but officially canceled the project in early 2023. The company instead shifted its focus fully toward micro-LED display technology, stating at the time that it believed micro-LEDs had the potential to disrupt the USD $160 billion display industry.
“Through our micro-LED technology development, Mojo has made significant advancements in establishing breakthrough performance standards while laying the foundation for micro-LEDs as a platform for AI innovation in large market segments,” said Mojo Vision chief executive officer, Nikhil Balram. “This oversubscribed funding round and strong industry support mark a new phase in the design and production of our next-generation micro-LED platform. The company is on an accelerated path to commercialize micro-LED applications that can power AI.”
Mojo Vision has spent nearly a decade developing its micro-LED platform, and stated that it has created a manufacturing process that combines several advanced components (300mm silicon architecture, GaN-on-Silicon emitters, high-performance quantum dots, and micro-lens arrays) to resolve conventional trade-offs between size, brightness, bandwidth density, and power.
Commenting on the announcement, Moe Kermani, Vanedge Capital managing partner and Mojo Vision board member said, “Mojo Vision has consistently shown over time how it can push the boundaries of what is possible in the development of micro-LEDs. Mojo’s micro-LED platform has the power to transform the performance of AI infrastructure and reach of AI applications.”
The Series B funding round was led by Vanedge Capital, with participation from existing investors Edge Venture Capital, New Enterprise Associates (NEA), Fusion Fund, Knollwood Capital, Dolby Family Ventures, and Khosla Ventures. New backers include imec.xpand, Keymaker, Ohio Innovation Fund, and Hyperlink Ventures.
For more information on Mojo Vision and its micro-LED technology, visit mojo.vision.
Image credit: Mojo Vision
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Sam is the Founder and Managing Editor of Auganix. With a background in research and report writing, he has been covering XR industry news for the past seven years.