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CYNORA Secures $25M, Appoints Kablanian CEO

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CYNORA GmbH has secured $25 million in financing from the U.S., Germany, and Korea to produce ultrahigh-efficiency emitter systems required for next-generation organic light-emitting diode displays. The Germany-based company has raised $80 million since its inception in 2008. The funds will be used to build an infrastructure to support the production and sales of CYNORA’s thermally activated delayed fluorescence materials for next-generation OLED displays. Included in the agreement is the appointment of Adam Kablanian as chief executive officer. He succeeds Gildas Sorin, who...Read full article

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