Unicorns 56/229 – Royole Corporation
Founder / s: Bill Liu
Key people: Bill Liu (Founder & CEO)
Number of employees: 501 – 1k
Royole was founded in Fremont, California, Hong Kong and Shenzhen China by Stanford engineering graduates in 2012, with the mission to improve the way people interact with and perceive the world. Royole creates and manufactures next-generation human-machine interface technologies and products As Advanced flexible displays, flexible sensors, and smart devices. It is also provided for licenses and services for a variety of industries associated with updates and flexible electronics applications. In 2014, it introduced the world’s thinnest full-color AMOLED flexible display with A thickness of 0.01 mm and a bending radius of 1 mm. In 2015, Roy bition mass production of proprietary flexible sensors and flexible electronic devices, and introduced the world’s first foldable 3D virtual mobile theater. In 2016, Royole introduced the world ‘S first curved car dashboard based on flexible electronics at CES in Las Vegas. Royole also announced its 1.1-million-square-feet flexible display mass production campus in Shenzhen, China with a total investment of USD $ 1.7B to be fully activated by Q4 2017.
Royes have received many globalization awards for its technology innovations and fast growth, including 2017 Young Global Leader by World Economic Forum, CES 2017 Innovation Awards by CTA, the Best of CES 2016 by Thomson Reuters, “5 Under 5” 2015 Most Innovative Startups in China by Scientific American, 2016 Annual Tech & Innovation Award by San Francisco Business Times, and 2015 Top 10 Most Innovative Entrepreneurs in US and China by Forbes. Royole is backed by leading venture capitalists and financial firms, including IDG Capital, CITIC Capital, Knights Investment Group, Co-Stone Capital, Alpha Wealth, Shenzhen Capital Group, Warmsun Holding Group, SPD Bank, Qianhai FOF, Resources Investment, Fuho Capital and Green Pine Capital. Royole completed series Pre-D funding in October 2016 with a market valuation of USD $ 3B,Making it one of the world’s fastest-growing technology start-ups