- 3
- December
2013
Harry Böhme tells the cleantech exit story of Novaled to Samsung
Ecosummit TV: CFO Harry Böhme tells the cleantech exit story of Novaled to Samsung at ECO13 London. Founded in 2001, the Dresden-based startup is a world leader in OLED (Organic LED) materials and Samsung is the biggest customer. In September 2011, Corporate VC Samsung Ventures invested and Novaled’s management made sure to limit Samsung’s stake and control to 10%. 2 years later, Samsung Cheil Industries (aka Samsung Chemical) and Samsung Electronics acquired the remaining 90% for €260M, including an earnout of €30M bound to reaching further milestones. Novaled’s revenues grew from €10M in 2010 to €26M in 2012 (price sales ratio of 10). With €29M of venture capital injected in Novaled the returns are pretty healthy.
Read more- 12
- April
2012
Serial Entrepreneur Prof. Karl Leo Unveils New OLED Microdisplay Startup At ECO12
Ecosummit TV: Prof. Karl Leo is Germany’s poster child when it comes to co-founding new smart green startups out of university. In his case, it’s the University of Dresden where he leads the Institute for Applied Photophysics. He simultaneously works with Fraunhofer IPMS to create even more value. Karl Leo is famous for co-founding Novaled which is heading for NASDAQ as well as Heliatek. His new startup that currently looks for smart green VCs invents OLED Microdisplays which are super energy efficient as you put them directly in front of the eye. Karl Leo is a role model for Europe’s university professors and we are happy that he joined Ecosummit 2012.
Read more- 18
- April
2011
Ecosummit TV – ECO11 – Harry Boehme – Novaled
Harry Böhme, CFO of Novaled, gives an update on his company at ECO11. Novaled is the fabless European leader in Organic LED (OLED) and one of the most exciting Cleantech startups in Germany. Founded in 2001, Novaled is profitable and made revenues of €10M in 2010 with 100 employees. Among Novaled’s investors is the German VC eCapital. Unfortunately, Novaled does not plan another financing round and may rather consider an IPO or tradesale some time in the future.
Read more- 10
- March
2011
Ecosummit TV – Novaled CFO Harry Boehme
Our new Ecosummit TV episode brings you more unknown secrets and untold stories about Europe’s leading fabless OLED technology provider. Jan Michael Hess interviews the Novaled CFO Harry Boehme to warm you up for ECO11 on 24-25 March 2011 in Berlin. This video also features Dr. Mike Zoellner who is a project leader with funky glasses in the chemistry lab of Novaled. We love the fact that the future of organic electronics is a teamwork of the best scientists in chemistry, physics, engineering and software. Thanks a lot for all the lessons and a great time together in Dresden. We will be back!
Read more- 8
- March
2011
Ecosummit TV – Novaled Founder Jan Blochwitz-Nimoth
On 2 March 2011, the Ecosummit TV team drove from Berlin to Dresden to visit 2 of the hottest German Cleantech startups: Novaled and Heliatek. Ecosummit Founder Jan Michael Hess interviews the Novaled Founder and Chief Scientist Dr. Jan Blochwitz-Nimoth. Novaled is a global leader in Organic LED (OLED) and enjoyed €11M revenues in 2010 with 100 employees. Novaled CFO Harry Böhme will speak at ECO11 on 24-25 March 2011 in Berlin.
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