CREDOXYS Closes Series A Financing Round

CREDOXYS has closed its Series A financing round, co-led by deep-tech investors Ventech and eCAPITAL. eCAPITAL joins as a new investor, while existing shareholder Ventech significantly increased its commitment. Strategic partner Melchers Group, co-founder Prof. Dr. Karl Leo and several business angels with extensive OLED industry experience also participated in the round.

The new capital will allow us to scale our high-performance doping technologies, expand our market presence in Asia and explore further applications in organic electronics. Together, our two co-lead investors bring more than 50 years of combined deep-tech investment experience and international technology networks that support our entry into the predominantly Asian display market.

Dopants control charge transport inside an OLED and largely determine operating voltage, efficiency, image quality and lifetime — yet conventional p-dopants are reaching their performance limits. Our IP-protected platform combines high doping strength with high optical transparency and stability, enabling lower pixel crosstalk, more efficient and stable blue OLEDs, and higher efficiency in the multi-stack architectures used in premium TVs and micro-displays.

Beyond OLED displays, our core entry market, the same p- and n-dopant platform can boost the efficiency of organic photovoltaics, photodetectors and sensors — opening up applications from flexible, transparent solar cells for building-integrated photovoltaics to visible and near-infrared photodetectors for healthcare and industrial sensing.

“This investment represents the most significant milestone in our company’s history and further confirms that we have been on the right track since 2021,” said Dr. Sascha Dorok, CEO of CREDOXYS.

“Having previously backed European OLED materials pioneers, we recognize the potential of CREDOXYS’ technology,” said Dr. Paul-Josef Patt, Founding Partner at eCAPITAL. “Its differentiated materials platform addresses a critical industry bottleneck and is backed by strong intellectual property and successful customer validation. We look forward to supporting CREDOXYS on its path to becoming a key supplier to the global display industry.”

About Ventech

Ventech is a well-established early-stage venture capital firm in both Europe and Asia with a strong digital focus. Founded in 1998, Ventech backs the most innovative and visionary tech entrepreneurs in diverse sectors with a global ambition. With its dual structure platform, Ventech has dedicated funds for Europe (Paris, Munich, Berlin, Helsinki & Stockholm) and Asia (Shanghai and Hong Kong).

Since its inception, Ventech has raised more than 1B€ and has realized over 320 investments, (including Vestiaire Collective, Prewave, Ogury, The Customization Group, Veo Technologies, Reveal, Speexx) and over 180 exits (Believe (BLV.PA) - listed on Euronext; Arteris (AIP) - listed on Nasdaq; FintecSystems; Withings; 4 Stop, etc.).

For more information, visit www.ventechvc.com

About eCAPITAL

Founded in 1999, eCAPITAL is an entrepreneur-led venture capital investor focusing on early- and growth-stage deep-tech companies with a positive impact on society. eCAPITAL is based in Germany and invests with its own funds with a total volume of over € 400 million in the areas of Cybersecurity & Defense Tech, AI Technologies, Climate Tech, and New Materials & Semiconductors. In addition to financial resources, eCAPITAL offers its portfolio companies strategic support and access to an international network of entrepreneurs, scientists, investors and founders and was lead investor in various deep-tech companies such as sonnen, Novaled or Jedox, which were sold very successfully to international corporates or investors. 

For more information, visit www.ecapital.vc.