Power Angels Invests in Kyulux, Developer of Next-Generation OLED Materials

Power Angels, Inc. (Headquarters: Hakata-ku, Fukuoka; Representative: Toshiyuki Yamamoto) has announced that it has executed an investment in Kyulux, Inc. (Headquarters: Fukuoka City, Fukuoka Prefecture) through its PA Fund 6.

Power Angels operates as a startup investment community based in Fukuoka. This investment marks the firm’s commitment to a Fukuoka-based startup following its relocation of its headquarters to Fukuoka. By investing in startups originating from the region, the company aims to revitalize the startup ecosystem in Fukuoka and support ambitious entrepreneurs.

[Overview of Investment]
- Investment Entity: PA Fund 6
- Investee: Kyulux, Inc.
- Location: Fukuoka City, Fukuoka Prefecture
- Business Description: Research, development, and manufacturing of next-generation OLED materials

[About the Investee]
Kyulux is a deep-tech startup founded based on technology from Kyushu University, specializing in the research and development of "TADF (Thermally Activated Delayed Fluorescence)" materials, which are gaining global attention in the OLED field.

The company’s technology has the potential to significantly improve luminous efficiency compared to conventional materials, contributing to lower power consumption and improved longevity for displays. Initiatives toward joint development and mass production with domestic and international companies are already underway, with global market expansion expected.

[Message from Lee Jeong-gil, CEO of Kyulux, Inc.]
About half a year has passed since I took office, and our proprietary technology has been highly evaluated by several world-class major display manufacturers. I am confident that our business is in a strong growth phase, and I will continue to work with full commitment to bring excellent Japanese technology to the global market. I would like to express my sincere gratitude for the support from Power Angels.
Lee Jeong-gil, Representative Director and CEO

[Message from Toshiyuki Yamamoto, Representative of Power Angels]
Kyulux is a highly notable deep-tech startup challenging the massive market of next-generation OLEDs, within the "materials and components" field where Japan holds global competitive strength.
I see great potential, particularly in the aspect of being rare-metal-free and the technology development aimed at the global market.
While domestic display manufacturing businesses are withdrawing in Japan, the materials and manufacturing equipment sectors continue to lead the world. I look forward to seeing Kyulux increase its presence in the global market. Power Angels will continue to support companies that challenge the world from the region through our investments in Fukuoka-based startups.

[About Kyulux, Inc.]
Kyulux, Inc. is a deep-tech startup from Kyushu University established in 2015, engaged in the research and development of next-generation OLED (OLED) materials.
Based on Kyushu University’s "TADF (Thermally Activated Delayed Fluorescence)" and "Hyperfluorescence™" technologies, the company is advancing the development of next-generation OLED materials that achieve high efficiency, high color purity, and long lifespan.
Kyulux's technology features a material design that does not rely on rare metals, and is expected to contribute to lower power consumption and higher performance for displays. The company is currently operating in the global market, targeting wide-ranging applications such as smartphones, TVs, and AR/VR displays.
Furthermore, the company is promoting research and development utilizing its AI-driven material discovery platform, "Kyumatic™," aiming for the social implementation of next-generation materials in the OLED field.