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Poro Technologies

Semiconductors · Cambridge, United Kingdom · Founded 2018

Porous GaN technology for tunable, full-color micro-LEDs. MoreLess

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

Company overview

Poro Technologies company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2018
Headquarters
Cambridge, United Kingdom
Employees
52
Open positions
None listed
Dealroom signal
79.8
client focusb2btechnologyHardwaretechnologyDeep TechtechnologyAugmented RealitytechnologyVirtual Realitybusiness modelManufacturingsectorSpinoutsectorSemiconductor Designers and ManufacturerssectorSemiconductor MaterialssectorGaN (Gallium Nitride)sectorHard TechsectorWoman FoundersectorDT and LSsectorUKis Digital and technologies

Valuation & funding

Poro Technologies funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANTOther financing Nov 2024 $20K UK Research and Innovation
GRANTOther financing Mar 2023 Undisclosed
SERIES AEquity / VC Feb 2022 $20M $80M Samsung Ventures · Ameba Capital · Speedinvest · Honghui Fund
SUPPORT PROGRAMOther financing Nov 2021 Falling Walls Foundation
SEEDEquity / VC Jun 2021 $4M $16M IQ Capital · Cambridge Angels · Martlet · Cambridge Enterprise
SEEDEquity / VC Apr 2020 IQ Capital · Martlet · Cambridge Enterprise
OtherOther financing Nov 2019 Cambridge Enterprise
SPINOUTOther financing Jan 2018 University of Cambridge
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Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 51
2025 49
2024 43
2023 49
2022 32
2021 17
2020 5
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Poro Technologies website traffic

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.

Latest monthly visits1.9K 3-month web change+4650% 1-year team growth+6.1%
Monthly website visits52 observations · Apr 2020–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Poro Technologies compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
Cambridge GaN DevicesCreated to explore and develop a number of unique opportunities in power electronics Cambridge, United Kingdom Operational 63 $62M $128M
Kubos SemiconductorsKubos Semiconductors is develop and commercialize cubic-GaN for high efficiency, low-cost LEDs using intellectual property Cambridge, United Kingdom Operational
Nu QuantumDeveloping end-to-end quantum cryptography systems, securing communications within and between cities through urban and satellite free-space optical links Cambridge, United Kingdom Operational
FlexEnableThe global leader in the development and industrialization of organic electronics for flexible displays and sensors, and offers a comprehensive range of services-based packages for its technology platform Cambridge, United Kingdom Operational
Irresistible MaterialsA materials technology company Birmingham, United Kingdom Operational
Salience LabsUltra high-speed multi-chip processor combining photonics and electronics to accelerate exponential advances in AI Oxford, United Kingdom Operational
Singular PhotonicsAdvances SPAD sensors for real-time imaging and processing in scientific, medical, and other fields Edinburgh, United Kingdom Operational
Helio Display MaterialsCreating materials for a new generation of brighter and more colourful displays that use significantly less power Oxford, United Kingdom Operational
Showing 8 of the closest matchesCompare every metric →

Talent graph

Poro Technologies's talent

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Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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.

Investors

18 investors on Poro Technologies's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 6 investors entered at this stage
IQ Capital
Cambridge Enterprise
Martlet
Speedinvest
Cambridge Angels
UK Research and Innovation
Series A 3 investors entered at this stage
Ameba Capital
Samsung Ventures
Honghui Fund
Other known 9 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

Global footprint

Where Poro Technologies has talent and traffic

Workforce by country
5 countries with
team presence
🇬🇧 United Kingdom54.5%
🇹🇼 Taiwan36.4%
🇮🇳 India3%
🇵🇭 Philippines3%
🇭🇰 Hong Kong3%
5 countries shown

In the news

Latest news about Poro Technologies

Recent press, funding announcements, and product moves mentioning Poro Technologies — open to read from the original sources.

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Market sentiment

What the market is saying about Poro Technologies

An AI-synthesized read of the highest-engagement posts about Poro Technologies on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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