OTI Lumionics

OTI Lumionics in its $55 million Series B financing

Client

OTI Lumionics

Value

$55 million

Service

Emerging and High Growth Companies

Date Closed

October 2022

Industry

Technology

Lead Office

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).