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OTI Lumionics

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Focused on key enabling materials for OLED displays that will be used in next-generation consumer electronics and automotiv

Toronto, CanadaFounded 2011Semiconductors
Valuation $250–500M Last recorded · 2022
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for OTI Lumionics and the history behind them.

About OTI Lumionics

OTI Lumionics is a startup that operates in the advanced materials sector, specifically for the electronics industry. The company's primary focus is on the development of materials for OLED displays, which are used in next-generation consumer electronics and automotive applications. OTI Lumionics uses a combination of quantum simulations, machine learning, and real-world testing to design and develop these materials.

The company's business model revolves around working closely with partners and customers to create materials that are ready for mass production. They have a unique Materials Discovery Platform that allows them to quickly develop and test new materials to meet customer needs. This platform, combined with their in-house pilot production facility, enables them to ensure that their materials meet the exacting specifications of their customers.

OTI Lumionics makes money by supplying these advanced materials to their customers. They have a network of Tier 1 chemical and materials partners who assist with the scale-up and mass production of their materials.

The company's offerings extend beyond just materials development. They also provide computational materials design, materials synthesis and scale-up, pilot production testing, application engineering, and prototyping. They leverage High Performance Computing (HPC) and Artificial Intelligence (AI) to remove guesswork from their processes, ensuring a more efficient and effective product development cycle.

In terms of market, OTI Lumionics operates in the rapidly growing electronics industry, serving clients who are looking for advanced materials for their products, particularly in the consumer electronics and automotive sectors.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2011
Headquarters
Toronto, Canada
Employees
67
Open positions
1
Dealroom signal
84.2/100
Sector
Semiconductors, Quantum Computing, OLED, Spinout, Advanced Materials, Quantum Computing Software, Photonics Tech, Light-Emitting Diodes (LED), AI Material Discovery, NIF defense security and resilience
Technology
Hardware, Deep Tech, Quantum Technologies
Business model
Manufacturing
Client focus
b2b

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANTOther financing Jun 2024 $0 — Next Generation Manufacturing Canada (NGen) ↗
SERIES BOther financing Oct 2022 $55M $220M Anzu Partners · LG Technology Ventures · UDC Ventures · Lee Lau Family Office ↗
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Growth signals

OTI Lumionics website traffic

Latest recorded traffic for OTI Lumionics is 2.5K monthly website visits, up 19% over the last three months. OTI Lumionics's team grew 15.5% over the past year.

Latest monthly visits2.5K 3-month web change+19% 1-year team growth+15.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

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

Seed2 investors entered at this stage

  • Sustainable Development Technology Canada
  • Next Generation Manufacturing Canada (NGen)

Series A4 investors entered at this stage

  • LG Technology Ventures
  • Anzu Partners
  • UDC Ventures
  • Lee Lau Family Office

Other known investors1 additional known investor

  • University of Toronto
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 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
2 countries with
team presence
🇨🇦 Canada88.7%
🇺🇸 United States11.3%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about OTI Lumionics 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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