Mojo Vision, a Saratoga, CA-based micro-LED tech company, raised $22.4M in Series A funding.
The round was led by existing investors, NEA and Khosla Ventures, with participation from additional investors including Dolby Family Ventures, Liberty Global Ventures, Fusion Fund, Drew Perkins, Open Field Capital, and Edge.
The company intends to use the funds to accelerate growth and expand operations.
Led by CEO Nikhil Balram, Mojo Vision is focused on developing and commercializing micro-LED display technology for consumer, enterprise and government applications. The company combines technology, display and semiconductor expertise, and an advanced manufacturing process to deliver on the promise of micro-LED displays. The company developed a dynamic display for the first AR smart contact lens and is now applying this innovation and expertise for the $160 billion display industry.
