SUNNYVALE, Calif. – Cambrios Technologies Corporation, the leader in silver nanowire-based solutions for the transparent conductor markets, today announced a second round of strategic investment by Samsung Venture Investment Corporation (SVIC) of $10M to help fuel the company’s growth. Cambrios had previously received an investment of $5M from SVIC in 2011.
“SVIC’s second investment in Cambrios confirms the importance of our technology and our specific materials for the display industry,” said John LeMoncheck, President and CEO at Cambrios Technologies. “Samsung’s shareholding will reinforce our leading position and help serve our customers better.”
Cambrios’ ClearOhm coating material is made from highly conductive silver nanowires which offer significantly higher optical and electrical performance than previous generation transparent conductive materials like indium tin oxide (ITO). ClearOhm ink is being used to produce the world’s highest performance transparent conductive films enabling innovative products such as touch panels and displays, as well as OLED lighting tiles and solar cells. This investment coupled with Cambrios’ recent commercial success provides strong validation of silver nanowires as the technology of choice to replace ITO.
“Our investment in Cambrios is consistent with our strategy to work closely with established market leaders,” said Michael Pachos, Principal at SVIC. “Cambrios is a technology leader and has built a significant business in the transparent conductor space. The company has demonstrated both a technical and business vision in driving adoption of silver nanowire displays and lighting and we look forward to contributing to the progress of Cambrios.”
To learn more about Cambrios’ ClearOhm technology, please visit: http://www.cambrios.com/technology/.
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Cambrios leads the industry in providing innovative solutions using nanotechnology. Its breakthrough silver nanowire-based transparent conductors simplify electronics manufacturing and improve end-product cost and performance for electronic devices. The company's ClearOhm® product is a transparent conductor with significantly higher optical and electrical performance than traditional materials and methods. Applications of ClearOhm material include touch screens, EMI shielding, LCDs, ePaper, OLED lighting and thin film photovoltaics. Cambrios is headquartered in Sunnyvale, Calif., with offices in Japan and Taiwan.
About Samsung Venture Investment Corporation
Samsung Venture Investment Corporation manages investment and investment-related activities for Samsung affiliate companies. The investment mandate for Samsung Venture Investment Corporation tracks closely to the strategic priorities of Samsung affiliate companies' core operating divisions, and encompasses investments in semiconductors, displays, telecommunications, and consumer electronics.
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