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Mayer Brown advised LG Display Co Ltd on the acquisition of a stake in CYNORA GmbH, a Bruchsal based science start-up company.

Founded in 2008, CYNORA GmbH is developing a new type of organic emitting material for OLED displays based on TADF technology (Thermally Activated Delayed Fluorescence) and has a broad IP portfolio with over 100 patent families. The investment has been implemented in the course of a series B financing round and is intended to support the company in the development of a portfolio of organic emitting materials for AMOLED displays, including high-performance blue emitting materials which are currently highly sought after by manufacturers of OLED displays.

The Mayer Brown team included partner Dr. Julian Lemor (lead), counsel Dr. Alexander Täumer and associate Miriam Gyun-Mie Meixner (all Corporate & Securities, Frankfurt).