Ynvisible raises $1 million, acquires electrochromic display developer rdot

Ynvisible announced that it has acquired the electrochromic display developer rdot, for $123,000 plus time-limited performance remuneration. rdot's two employees will join Ynvisible's team. Ynvisible says that it will adopt rdot's display prototyping business and transfer the technology to its high volume industrial production facility.

Ynvisible also announced that it will be closing a non-brokered private placement to raise gross proceeds of $1.5 million CAD (around $1.08 million USD).

Posted: May 20,2020 by Ron Mertens