Cynora

Cynora GmbH was a German deep-tech company founded in 2008 in Bruchsal, Germany, specializing in the development of Thermally Activated Delayed Fluorescence (TADF)-based blue and green emitter systems for next-generation OLED displays. Spun out of RWTH Aachen University, the company raised over $50 million from investors including Samsung Electronics, LG Electronics, MIG Capital, and Wecken & Cie. In June 2022, Samsung Display acquired Cynora's intellectual property and patent portfolio — comprising approximately 700 patents — for approximately $300 million, after which all employees were terminated. The company's website now states it has permanently closed operations and is in liquidation.