Company profile
Poro Technologies Ltd
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Poro Technologies Ltd is a UK company with status active founded in 2018 based in East of England.
Company events
Reference milestones and recent Companies House filing stream events.
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Mortgage Create With Deed With Charge Number Charge Creation Date
MortgageMR01 | Transaction MzQ0MzY5NjUzOGFkaXF6a2N4
Published 19 Nov 2024 07:30
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Published 14 Nov 2024 07:11
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Published 11 Nov 2024 11:06
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Published 11 Nov 2024 01:34
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Published 07 Nov 2024 01:30
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Published 03 Oct 2024 11:39
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Published 02 Oct 2024 12:25
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Published 12 Aug 2024 14:52
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Published 09 Aug 2024 17:55
Capital Allotment Shares
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Published 09 Aug 2024 17:47
Incorporated
InceptionCompany registered at Companies House
Spinout profile
Company description
Poro Technologies develops porous GaN technology designed to enhance LED lighting.
Porotech has six FTEs and two PTEs. In November 2019 it closed a GBP1,500,000 seed round investment [E8]. Formed in 2018 to commercialise Cambridge research on porous GaN, Porotech is developing the means of producing low-cost porous GaN products and technologies such as LEDs, lasers, solar cells, power electronics, and sensors with performance properties that significantly exceed those of existing technologies. LEDs manufactured using porous GaN substrates, for example, were "some 25% more energy efficient than standard LEDs" ( see e.g. https://compoundsemiconductor.net/article/110968/British_GaN_Spin-out_Porotech_Raises_%C2%A315m). Porotech closed a £1.5M pre-seed investment round in November 2018, and in June 2020 opened an R&D facility. In 2020, it achieved commercial revenue of £11k, and in 2021 of £340k. It has raised £19M of investment, including substantial inward investment, and has created 22 new UK jobs.
Project impact
• November 2018: £1.5M pre-seed funding raised • June 2020: Opened R&D facility and pilot plant in South Cambridgeshire • July 2020: completed first commercial order, supplying Osram Opto, the world's second largest optoelectronics company, achieving a revenue of EUR12,000. • November 2020: product launch of the world's first commercial native red LED epiwafer for micro-LED applications. • December 2020: Winners of International "Win the Future" Venture Contest in Suzhou, China. • June 2021: Raised £3M in seed funding round. • July 2021: Announced first commercial partnership, with Jade Bird Display (JBD) in China, a leader in micro-LED display technology. • October 2021: Announced world's first native red InGaN microdisplay • 2021: Annual commercial revenue of £340k. • February 2022: Completed series A Funding round of ca. £14.5M.
Poro Technologies won the 2018 Cambridge Enterprise Postdoc Business Plan competition and is currently in discussion with venture capatalists about seed funding.
Public funding
Projects
Development of high-throughput, multi-scale porosity-dependent inspection of porous wafer and microLED chips
1 Nov 2024 to 31 Jan 2025
MicroLED display technology offers a huge performance improvement with optimal brightness, efficiency, image definition, and extended lifespan. However, achieving high-efficiency, ultra-fine-pitch pixels for multiple-colour displays has been a longstanding challenge. Porotech is an emerging Gallium Nitride (GaN) material technology developer and a spin-ou...
Time-resolved spectroscopic and microscopic measurements of multiple quantum well (MQW) on porous GaN wafer
1 Mar 2023 to 31 Aug 2023
Porotech is an emerging Gallium Nitride (GaN) material technology developer and a spin-out from the University of Cambridge. We develop commercial-quality epi-wafers using innovative porosification technology, enabling our customers to unleash the potential of GaN electronics and optoelectronics. By introducing nano-pores (10-50 nm) into epitaxial film (5...
Piezoelectric measurement of multiple quantum well (MQW) on porous GaN wafer
1 Jan 2022 to 31 Mar 2022
MicroLED, especially RGB microLED is considered as the holy grail of the future display technology. Porotech's mission is to bring microLED into commercial market at mass production scale through continuous innovation. Our microLED products based on unique process and customised porous structure have established advantageous position by achieving exciting...
Porous InGaN for Red LEDs (PIRL)
1 Apr 2021 to 31 Mar 2023