CREDOXYS Closes Financing Round for Doping Technology

Dresden-based deep-tech start-up company for novel OLED doping technology, CREDOXYS, has closed another round of financing to begin entering its technology on the market. 
 
This round was led by LIFTT an Italian deep-tech Venture Capital Investor, and the Melchers Group from Bremen. Investors from previous financing also participated, including TGFS and TUDAG. 
 
“We have the technology for the OLED-display and the organic cell of tomorrow,” said CREDOXYS managing partner Sascha Dorok. “The financing round will enable us to expand our development activities and thus accelerate our entry into the OLD markets of Korea and China.”
 
CREDOXYS was founded in 2021 and has focused on the research and development of novel doping materials for organic electronics. The recently developed material classes allow for the production of more efficient and longer lasting OLED displays and organic cells.