Emerging and High Growth Companies

OTI Lumionics in its $55 million Series B financing

OTI Lumionics
Key Contact
Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

Team
Nataly Dil

Associate, Emerging and High Growth Companies, Toronto

Handi Xu

Associate, Emerging and High Growth Companies, Toronto

 

On October 26, 2022, OTI Lumionics announced they had completed their Series B financing, led by Anzu Industrial Capital Partners, Samsung Ventures, and LG Technology Ventures. With this funding, OTI will be taking their “notch-free” tech into production with numerous partners, as well, OTI will be developing a secondary line of operations.

OTI Lumionics is a Canada-based start-up technology company who has developed display materials which allows for devices with camera technology to have an uninterrupted display. Their name has been connected with Apple as a key supplier in creating a future “notch-free” iPhone.

Osler, Hoskin & Harcourt LLP advised OTI Lumionics with a team consisting of Justin Dharamdial, Nataly Dil and Handi Xu (Emerging and High Growth Companies). 

Value
$55 million
Date Closed
October 26, 2022
Lead Office
Toronto
Key Contact
Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

Team
Nataly Dil

Associate, Emerging and High Growth Companies, Toronto

Handi Xu

Associate, Emerging and High Growth Companies, Toronto