Micro-LED microdisplay developer VueReal announced the initial closing of its $10.5 million Series A funding round, led by the venture arm of a large Asian company and a leading North American vendor focused on startups with emerging technology.

VueReal says that its proprietary sub-10 micrometer, high-efficiency micro-LED technology and its patented mass transfer process enables high-performance super low-power displays, coupled with a significant cost reduction.

Shanghai-based JBD is developing micro-LED based Microdisplays for near-eye and image projection applications, using the company's proprietary hybrid monolithic integration technology. JBD received a $10 million investment and developed a 5,000 PPI micro-LED array, with plans to reach 10,000 PPI.

JBD is already offering VGA monochrome (red, green and blue) micro-LED microdisplays. LEDs Inside posted an interesting interview with JBD's CEO and CTO that discuss the company's technology and its goal for 2018 and 2019.

UK-based Optovate announced that it has developed a technology that enables multiple microLEDs transferred in parallel from a wafer to a substrate to be aligned in one step with a precision optical array.

Optovate says that this technology is protected in a portfolio of 20 granted and pending patents dating from 2008. The company is now looking for display partners to commercialize its technology.