EU million-euro funding for Dresden-based start-up for OLED material development
As part of the EIC Accelerator Program, the European Innovation Council (EIC) is supporting beeOLED's work in Dresden on materials for emitting blue light that are more energy-efficient, durable and environmentally friendly than existing solutions.
With the start of the EU-funded "beeUP" project, beeOLED is entering a new phase in the development of sustainable organic materials for OLED applications. As part of beeUP, beeOLED will scale up its new material technology and prepare it for market readiness.
OLEDs (organic light-emitting diodes) are considered a key technology for modern displays. Today, deep blue emitters in OLED displays are either stable (fluorescent emitters) or efficient (phosphorescent emitters, TADF emitters), but no market-ready technology offers both of these crucial properties at the same time. The intrametallic emission technology of beeOLED has already proven high stability and efficiency in other display technologies, but has not yet been applied to OLEDs.
This is exactly where beeOLED comes in: By using innovative metal-organic molecules, resource consumption and energy requirements can be significantly reduced in the operation of OLED displays - without sacrificing brightness or color stability. In addition, the availability of a highly efficient and stable blue emitter significantly simplifies the production of such displays. "We are very proud that we were able to convince the European Commission to significantly support beeOLED with our concept and our team," says Dr. Jan Blochwitz-Nimoth, CEO of beeOLED. "Our goal is to position our revolutionary and proprietary material approach on the market as quickly as possible."
BeeUP is funded by the European Innovation Council (EIC), a European Commission funding instrument for breakthrough technologies, and receives support for research, development and market entry in the form of project grants (€2.5 million) and equity under the Accelerator program. The project started in October 2025 and will run for two years.
beeOLED was founded in 2020 by OLED industry veterans Dr. Carsten Rothe (CTO, formerly Novaled, Idemitsu) and Dr. Volodymyr Senkovskyy (COO, formerly Novaled) with the aim of solving the last major challenge for OLED displays. Led by entrepreneur and Novaled co-founder Jan Blochwitz-Nimoth, the deep-tech startup is developing an efficient and stable deep-blue emitter to improve displays in smartphones, tablets, laptops, TVs and other display applications. Its technology is based on adapting the elemental emission of atoms for use in today's vacuum-processed OLED displays.