Royole has raised $850 million across equity and debt instruments, including a $300M Series F (Mar 15, 2018), $240M Series D (Sep 27, 2017), and a $560M venture debt facility (Sep 27, 2017) supported by Chinese state-linked banks. Headquartered in Fremont, California, United States, Royole manufactures flexible displays, foldable screens, wearable display apparel, and development kits for mobile, automotive, and IoT applications.
Funding supported R&D, scaling flexible AMOLED and TOLED manufacturing, and global commercialization of foldable consumer and industrial devices. Royole’s vertical integration allows rapid prototype-to-volume transitions and novel form factors for electronics.
Keep reading to learn how Royole became a leader in flexible display technology.
What Is Royole and What Does It Do?
Founded in 2012, Royole manufactures flexible electronic displays and systems for foldable devices and wearable interfaces. The company develops ultra-thin displays, rollable screens, digital notebooks, and embedded flexible sensors.
Royole combines materials engineering, custom driver electronics, and low-power display modules to enable novel form factors in mobile, wearables, automotive, and industrial applications. Vertical control of design and manufacturing allows rapid scaling from prototype to production.
How Much Funding Has Royole Raised?
1. Series F
- Amount Raised: $300M
- Date: Mar 15, 2018
- Lead Investors: AMTD Group / strategic investors
- Purpose: Scale manufacturing and R&D for foldable displays
2. Series D
- Amount Raised: $240M
- Date: Sep 27, 2017
- Lead Investors: Hanfor, Shanghai Pudong Development Bank, Tanshi Capital
- Purpose: Production expansion and supply chain growth
3. Venture Debt (multiple banks)
- Amount Raised: $560M (facility)
- Date: Sep 27, 2017
- Lead Investors: Bank of China, ICBC, China CITIC Bank, Agricultural Bank of China, Ping An
- Purpose: Working capital and CAPEX for fabs
Total Funding Raised: $850 million
Latest Funding Date: Mar 15, 2018
Latest Known Valuation: $5.99 billion
Key Investors
- Ping An
- Details: Large Chinese financial conglomerate with tech and insurance investments
- Focus Areas: Fintech, health tech, deeptech, manufacturing
- Bank of China (and major Chinese banks)
- Details: Strategic financing for large manufacturing projects
- Focus Areas: Infrastructure, manufacturing finance, corporate lending
- AMTD / Hanfor / Tanshi Capital
- Details: Regional strategic funds and private equity groups supporting high-growth hardware plays
- Focus Areas: Hardware, displays, semiconductors, supply chain scaling
Where Is Royole’s Headquarters?
Royole is headquartered in Fremont, California, United States, enabling U.S. market access while leveraging Asian manufacturing partners.
What’s Next for Royole?
Royole plans to advance flexible display commercialization, improve yield, reduce cost per panel, and expand B2B OEM partnerships across automotive, wearables, and smart furnishings.
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