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Glo

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Display technology based on high-brightness RGB GaN nanowire microLEDs

Sunnyvale, United StatesFounded 2003Energy
Valuation $0–100M Latest valuation · 2017
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Glo and the history behind them.

About Glo

Glo AB operates at the intersection of nanotechnology and advanced electronics, focusing on the development and commercialization of next-generation LED products. The company was established in 2003, originating as a spin-out from Lund University in Sweden, building upon over a decade of foundational research in nanotechnology. This research was led by Professor Lars Samuelson, a prominent scientist in the nanometer structures field and a founder of Glo. His extensive background in solid-state physics and nanowire technology directly shaped the company's core technological direction.

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The firm's business is centered on producing highly efficient microLEDs (mLEDs) using a proprietary gallium nitride (GaN) nanowire technology. This approach is designed to overcome the performance limitations of conventional planar LED manufacturing. Glo's technology enables the creation of red, green, and blue (RGB) emitters from a single material system, which allows for superior color stability and the potential to grow all three colors on the same wafer. A key benefit of this method is the ability to produce highly efficient white LEDs with excellent color rendering without needing phosphor conversion, a common practice in the industry. The company targets the advanced display, illumination, and automotive application markets. By developing these foundational components, Glo's business model appears to be based on supplying its advanced mLEDs and licensing its technology to manufacturers in these sectors.

In May 2021, Glo was acquired by Nanosys, a developer of quantum dot technology for displays, in a move to combine two leading-edge display technologies. This acquisition integrated Glo's microLED platform with Nanosys's quantum dot materials, aiming to create a highly competitive force in the display market, from wearable devices to large-scale TVs. Before the acquisition, Glo had successfully demonstrated several prototypes, including a 1.5-inch LTPS display and a high-resolution microdisplay, often in collaboration with industry partners like Japan Display and Kyocera. The company's operations are globally distributed, with foundational research in Lund, Sweden, and product development and pilot manufacturing in Sunnyvale, California.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2003
Headquarters
Sunnyvale, United States
Employees
18
Open positions
None listed
Dealroom signal
73.5/100
Industry
Energy
Sector
Energy, Intellectual Property, OLED, Drones, Spinout, Display Panels, Hard Tech, Horizon Europe, DT and LS, science-based
Technology
Deep Tech, Nanotech
Business model
Manufacturing
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning Glo.

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Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing May 2021 $0 Nanosys
FundingOther financing Sep 2017 $7.5M Undisclosed
Showing the latest 2 of 9 recorded eventsBook a demo for the full funding history →

Growth signals

Glo website traffic

Latest recorded traffic for Glo is 5.3K monthly website visits, up 1.9% over the last three months. Glo's team declined 5.3% over the past year.

Latest monthly visits5.3K 3-month web change+1.9% 1-year team growth-5.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

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Closest operating peers by Dealroom taxonomy

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NovaledProvides proprietary organic materials and technologies for superior OLEDs in display, lighting and high performance OSC Dresden, Germany Acquired 68 $29M $49M
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PowallOffers consultancy, research, and development services and licensing of IP on scalable production of nanostructured materials Delft, Netherlands Operational
AlerionSpecializes in development of high-performance embedded software, computer vision applications and artificial intelligence San Sebastián, Spain Operational
SitemarkProvides software and services to streamline and optimize the engineering, construction, and operation of solar sites Leuven, Belgium Operational
Oxford PhotovoltaicsDesigns and manufactures hybrid organic photovoltaic systems for building integrated applications Yarnton, United Kingdom Operational
InuruProvides a superior consumer experience for product marketing with luminous labels and packaging Berlin, Germany Operational
CapresDesigned for in-line production monitoring in the semiconductor industry where our fully automated tools for mass production are used at four of the leading computer chip companies Kongens Lyngby, Denmark Acquired
Showing 8 of the closest matchesCompare every metric →

Investors

12 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

  • Teknoinvest
  • NanoInvest
  • Agder Energi Venture
  • Provider Venture Partners

Series B and later6 investors entered at this stage

  • Wellington Partners
  • VantagePoint Capital Partners
  • Foundation Asset Management
  • Energy Future Invest
  • Quadia
  • Alphabet | Google

Other known investors2 additional known investors

  • Lund University
  • Nanosys
Team profiled 17 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Glo on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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