On December 2, according to Tianyancha, JBD (Jade Bird Display) (Shanghai Xianyao Display Technology Co., Ltd.), a leading Micro LED manufacturer, underwent a corporate change. The company’s registered capital has increased from$8.04 million USD to $8.12 million USD, and new shareholders, including Shanghai Chaos Investment (Group) Co., Ltd. and Shanghai Kechuang Center No. 2 Private Equity Investment Fund (Limited Partnership), have been added. This change suggests that JBD may have completed a new round of financing.
A History of Successful Financing Rounds
This corporate change likely signals the completion of another round of financing. Since 2021, JBD has completed seven rounds of financing, with the latest being a Pre-B round in June 2024. The Pre-B round raised several million USD, led by Ant Group with follow-up investments from Geely Capital and additional support from existing shareholder Guangfa Qianhe. The funds are intended to further develop JBD‘s core Micro LED microdisplay technologies, enhance production capacity, recruit high-end talent, and expand its global market presence.
JBD’s Leading Position in Micro LED Technology
Currently, JBD is a key player in the Micro LED microdisplay sector, with a mature product line that includes both monochrome and color Micro LED light engines. The company has provided Micro LED solutions for over 30 models of AR glasses, including the latest products like INMO GO 2, Meta Orion, Rokid Glasses, Meizu StarV Air2, and Yiwentech G1.
Innovations in Micro LED Display Technology
To achieve smaller sizes and higher image quality for Micro LED displays, JBD launched several innovations in 2024. These include the Hummingbird I Color Optical Module, which offers a brightness of 6,000 nits, the industry’s smallest AR light engine, the Hummingbird Mini II (with a volume of 0.15cc and 8lm light flux), and the ARTCS AR optical waveguide image quality correction device.
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