Jade Bird Display ("JBD"), a leading MicroLED display manufacturer in China, has raised several hundred million yuan in its latest financing round co-led by Eight Roads and LightSpeed China. The proceeds will be used for the research and development of MicroLEDs, funding mass production, and market expansion.

Based in Shanghai, JBD focuses on the R&D and production of ultra-compact microdisplays under 0.5 inches in diagonal. It has secured hundreds of patents in the field of MicroLEDs, which can be used for applications such as AR, in-vehicle display, micro projectors, 3D printing, sports optics, and square display.

Shawn Shen, Principal of Eight Roads Ventures China remarked: "We have been closely monitoring the technology development of the XR industry chain, and MicroLED is one of the key segments that we focus on. JBD has achieved continuous technological breakthroughs and innovation leadership and is the only player shipping in volume globally. We look forward to supporting JBD to bring AR glasses equipped with its display chips to the market. "