U of T Engineering startup, Amber Molecular Inc., recently closed their $5 million Series A fundraising round, led by Silicon Valley based Phoenix Venture Partners LLC. Amber Molecular is commercializing new materials for use in the OLED displays used in smartphones, TVs, wearables and VR headsets. The co-founding team of Professor Tim Bender (ChemE), Richard Garner (ChemE MASc 1T7), Trevor Plint (ChemE PhD 1T7) and James Stuart (Rotman, MBA), started Amber Molecular in the Fall of 2017 with the dream of taking an exciting laboratory result into the real world.
https://chem-eng.utoronto.ca/news/amber-molecular-inc-a-u-of-t-engineering-startup-secures-5m-series-a-investment/
