Azumo
PrivateLast Round
Series B
Extension
May 26, 2022
Total Funding Raised
$39M
Momentum Score
25 /100
Company Overview
Azumo is a display technology company that has developed a low-power, reflective LCD technology known as LCD 2.0™. This technology is designed to replace traditional backlit displays in a variety of electronic devices. The company's core product is an ultra-thin front light panel that provides high visibility in all lighting conditions, including direct sunlight, while consuming up to 90% less power than conventional backlights. This extends the battery life of devices significantly. Azumo targets a wide range of markets, including consumer electronics, medical devices, industrial applications, and automotive displays. The company was formerly known as FLEx Lighting and rebranded in January 2021 to reflect its new focus. It holds numerous patents for its light transmission technology.
Sector
Frontier & Industrial Tech
Verticals
Computing Hardware, IoT Hardware, Advanced Materials, Medical Devices, Consumer Electronics
Business Model
B2B
Customer Profile
Hardware Sales, Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Azumo Comps
Public and private peers based on sector, stage, and business model.
Azumo Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B Extension | May 26, 2022 | ||||
| VC Round | Dec 9, 2020 | ||||
| Series B | Nov 7, 2018 | ||||
| Series A | Aug 25, 2017 |
Key People
Founding team and executive leadership
Azumo Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Bascom Ventures | Series B |
| VectoIQ | Series B Extension |
| Dipalo Ventures | Series B Extension |
| Energy Foundry | Series B Extension, Series B |
| Anzu Partners | VC Round, Series B Extension |
| SABIC Ventures | Series B, Series B Extension |
Azumo Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Azumo's valuation, stock price, and market status.
