Excyton

What Excyton does

Excyton Limited is a UK-headquartered display technology research and development company founded in 2019 (originally as PeroLED Limited, rebranded September 2022) and based at the Orbit Research Centre in Sedgefield, with 1-10 employees. The company develops TurboLED®, a patented OLED pixel architecture that pairs saturated and unsaturated red, green and blue sub-pixels and uses proprietary algorithms to render most image content with the more efficient unsaturated sub-pixels, invoking deep colors only where required. The technology is claimed to reduce display power consumption by up to 50%, extend portable-device battery life by several hours, more than triple display lifetime, and enable 50% larger colour gamut; simulations performed with Fluxim AG indicated 48% lower power consumption versus the iPhone 14 Pro Max RGB OLED baseline. Excyton states compatibility with OLEDs, QLEDs, Perovskite LEDs and Micro-LEDs.

The business model is B2B technology licensing targeted at OLED material companies and display panel manufacturers for integration into smartphones, tablets, laptops, monitors, televisions and watches, with revenue not yet publicly disclosed. Commercial traction signals to date are pre-revenue: an SID Display Week I-Zone Innovation Award in June 2023, proof-of-concept RGB prototypes, and a £390K Innovate UK grant awarded jointly with Durham University in January 2024 to fund prototype development alongside simulation partner Fluxim AG. The company is privately held, founder-led by Dr Peter Levermore (CEO) and Professor Donal Bradley, with a board strengthened in July 2024 by Professor Zhanfeng Cui (Chairman) and Professor Daping Chu.

Name

Excyton

Legal name

Excyton Limited

Website

https://excyton.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Excyton is a UK-based display technology company developing TurboLED®, a patented OLED pixel architecture that reduces display power consumption by up to 50%. It licenses the technology to OLED material suppliers and display manufacturers for consumer electronics.

Ownership category

akta.pro rank

Product category

Display Technology Licensing

NAICS

Computer Terminal and Other Computer Peripheral Equipment Manufacturing (334118), Semiconductor and Related Device Manufacturing (334413)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electronic Coils, Transformers & Other Inductors (3677), Electronic Computers (3571)

akta.pro primary industry

Ultrabooks (Business/Enterprise) (HDACAMAG)

akta.pro secondary industries

HDR & Mini-LED/OLED Monitors (HDACADAI), All-in-One (AIO) Desktops (HDACAAAC)

Keywords

• OLED display technology
• Display pixel design
• Power-efficient displays
• Perovskite LED materials
• Display technology licensing

Headquarters

HQ city

Thuwal

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. Technology Licensing: Licensing of proprietary TurboLED display technology to OLED material companies and display manufacturers for integration into consumer electronics devices including smartphones, tablets, laptops, monitors, televisions and watches.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Excyton develops and licenses TurboLED®, a proprietary OLED display pixel architecture that combines saturated and unsaturated RGB sub-pixels to reduce display power consumption by up to 50%. The technology enables larger colour gamuts, extended battery life in portable devices, and is compatible with OLEDs, QLEDs, Perovskite LEDs, and Micro-LEDs. Excyton licenses TurboLED to display manufacturers and OLED material companies for integration into smartphones, tablets, laptops, monitors, televisions, and watches.

Product overview

Excyton offers a single core product: TurboLED®, a novel OLED display technology. TurboLED® uses a dual-intensity sub-pixel architecture where efficient unsaturated RGB sub-pixels render the majority of display content while saturated deep-color sub-pixels are used only when needed. This approach reduces power consumption by up to 50%, extends battery life by several hours daily, and enables the Rec. 2020 color gamut for the world's most colorful displays. The technology is compatible with OLEDs, QLEDs, and Micro-LEDs.

Differentiator

Problem solved

Functional benefit

Brands

• TurboLED®: Novel display technology that reduces display power consumption by up to 50% and enables displays to be more colourful, brighter and true-to-life. TurboLED uses independent saturated and unsaturated RGB sub-pixels with proprietary algorithms.

Products and services

• TurboLED® Novel OLED display technology featuring a dual-intensity sub-pixel design with independent saturated and unsaturated RGB sub-pixels. The architecture uses efficient unsaturated sub-pixels to render the majority of image content, reserving saturated deep-colour sub-pixels only when needed, thereby reducing power consumption by up to 50%, extending battery life by several hours daily, and enabling a 50% larger colour gamut. Compatible with OLEDs, QLEDs, Perovskite LEDs, and Micro-LEDs, and targeted at display manufacturers and OLED material companies for integration into consumer electronics devices including smartphones, tablets, laptops, monitors, televisions, and watches.

Quantifiable outcome

• Reduces display power consumption by up to 50%
• +4 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Durham UniversitycoreStrategic or Co-development Partner · 1 January 2024Excyton and Durham University were awarded £390K by Innovate UK to develop prototype TurboLED devices. The collaboration works with the research group of Professor Andrew Monkman at Durham University to fabricate prototype TurboLED devices. Proof-of-concept red, green and blue TurboLED prototypes were demonstrated at Display Week 2023.
• Fluxim AGcoreTechnology or Integration · 1 January 2024Excyton is working with Fluxim AG of Switzerland, a world leader in simulation software and hardware for display R&D. Fluxim developed a prototype Display Calculation Tool that computes and compares power consumption for different display designs. Using this tool, Excyton demonstrated that TurboLED displays consume 48% less power than equivalent RGB OLED displays.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Universal Display Corporation: U.S. listed leader in OLED emitter materials and technology licensing, directly comparable to Excyton as a pure-play OLED IP/material licensor. CEO Dr Levermore previously worked at UDC, and the two compete for the same OLED display customer wallet.
• Idemitsu Kosan: Japanese specialty chemicals company and significant OLED emitter and material supplier to display manufacturers. A direct peer as an OLED materials/IP supplier competing for the same display OEM design wins.

Emerging players

• Kyulux: Japanese emerging player developing TADF and hyperfluorescence OLED emitter materials for display applications. Directly comparable as a venture-stage OLED materials/IP licensor targeting the same display OEM customers as Excyton.
• Visionox Technology: Chinese OLED display manufacturer with active R&D in novel pixel structures and OLED materials integration. Comparable as an emerging display OEM that could adopt or compete with TurboLED-style novel architectures.
• Kateeva: U.S.-based supplier of inkjet printing equipment and solutions for OLED display manufacturing. Comparable as an enabling technology provider targeting OLED display manufacturing innovation, similar in customer base and ecosystem role to Excyton.

Broad incumbents

• Merck KGaA (Performance Materials / Display Solutions): Global chemicals major with a large OLED materials business (formerly part of Sigma-Aldrich/OLED materials acquisitions). Directly competes with Excyton on OLED material supply and licensing to display OEMs; Dr Levermore previously worked at Merck.
• Sumitomo Chemical Company: Acquired Cambridge Display Technology and operates a major OLED materials business. Directly comparable to Excyton as an OLED IP and materials provider; Dr Levermore and Prof Bradley both have prior roles at Sumitomo.
• Samsung Display: Dominant global OLED panel manufacturer and primary potential customer for Excyton's TurboLED licensing. Relevant peer because Samsung Display's internal pixel architectures and material choices directly determine Excyton's licensing opportunity.
• LG Display: Major OLED panel manufacturer for TVs and increasingly for IT/automotive. Directly comparable as a large-scale potential licensee/customer for TurboLED display technology.
• BOE Technology Group: China's largest display panel manufacturer and a major OLED producer. Comparable as a potential customer/qualifier for TurboLED technology in the largest-volume display panel ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Excyton
• LinkedInlinkedin.com/company/excyton

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Excyton