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Poro Technologies
Porous GaN technology for tunable, full-color micro-LEDs.
About Poro Technologies
Poro Technologies (Porotech) is a gallium nitride (GaN) material technology developer spun out of the University of Cambridge in 2020. The company was co-founded by CEO Dr. Tongtong Zhu, CTO Dr. Yingjun Liu, and CSO Professor Rachel Oliver, following extensive research at the Cambridge Centre for Gallium Nitride. Dr. Zhu has over 15 years of experience in III-nitride semiconductor materials and devices, while Dr. Liu is experienced in advanced materials development, and Professor Oliver is a leading academic in the GaN field. Porotech's core innovation is a new class of porous GaN semiconductor material, trademarked as PoroGaN®. This technology involves an electrochemical etching process that creates nanoscale porosity in GaN wafers, allowing for the engineering of a wide range of material properties. This breakthrough enables the production of efficient indium gallium nitride (InGaN) based red micro-LEDs, a significant challenge in the display industry. Building on this, the company developed Dynamic Pixel Tuning® (DPT®), a technology that allows a single micro-LED pixel to emit any color of the visible spectrum, including white. This eliminates the need for separate red, green, and blue sub-pixels, simplifying the manufacturing process, reducing costs, and increasing yields for micro-LED displays. The company operates on a fabless business model, focusing on its material platform technology and device solutions, which it commercializes through partnerships with foundries and electronics manufacturers. Porotech targets the $140 billion display market, with a primary focus on micro-LED applications for augmented reality (AR) glasses, virtual reality (VR) headsets, smart wearables, and other next-generation displays. Key milestones include a £1.5 million seed round in 2020, followed by a $20 million Series A in 2022. The company has established strategic partnerships with major industry players, including Foxconn, Powerchip Semiconductor Manufacturing Corp (PSMC), and JBD, to accelerate the mass production and commercialization of its micro-LED technologies. Foxconn is reportedly building a microdisplay fab based on Porotech's DPT technology, with mass production anticipated by the end of 2025. Keywords: Porous Gallium Nitride, PoroGaN, Dynamic Pixel Tuning, DPT, micro-LED, GaN-on-Silicon, displays, augmented reality, AR, fabless semiconductor, Cambridge spin-out, Tongtong Zhu, Rachel Oliver, Yingjun Liu, InGaN, semiconductor materials, display technology, red micro-LED, full-color display, wearable technology, microdisplays, Foxconn partnership, PSMC
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Cambridge, United Kingdom
- Employees
- 52
- Open positions
- None listed
- Dealroom signal
- 79.8/100
- Sector
- Semiconductors, Spinout, Semiconductor Designers and Manufacturers, Semiconductor Materials, GaN (Gallium Nitride), Hard Tech, Woman Founder, DT and LS, UKis Digital and technologies
- Technology
- Hardware, Deep Tech, Augmented Reality, Virtual Reality
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANT✓Other financing | Nov 2024 | $20K | — | UK Research and Innovation | — |
| GRANT✓Other financing | Mar 2023 | — | — | Undisclosed | — |
Growth signals
Latest recorded traffic for Poro Technologies is 1.9K monthly website visits, up 4650% over the last three months. Poro Technologies's team grew 6.1% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
IQ Capital
Cambridge Enterprise
Martlet
Speedinvest
Cambridge Angels
UK Research and Innovation
Series A3 investors entered at this stage
Ameba Capital
Samsung Ventures- HFHonghui Fund
Other known investors9 additional known investors
Falling Walls Foundation
University of Cambridge
Cambridge Capital Group
Highlight Capital
Jong Sang Choi
Parkwalk Advisors
Royal Academy of Engineering Enterprise Hub
Syndicate Room
University of Bristol Enterprise Fund
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Poro Technologies 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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