2. Monolithic integration of LEDs and silicon for microdisplays
with unparalleled brightness and efficiency
Microdisplay market- currently $200M,
$995M expected in 2016
81 Companies, 98 Individual Conversations
3. The Lumiode Team
Vincent Lee John Sarik
Entrepreneurial Lead Co-Founder
- Ph.D. Student - Ph.D. Student
- Extensive technical - Expert in hardware
knowledge with all aspects prototyping and device
of the technology fabrication
- Involved with other
startups at CLUE
Ioannis (John) Kymissis Amal Ghosh
Principal Investigator Industry Mentor
- PI at Columbia Lab for - 27 years of industry
Unconventional Electronics experience
- Experience with three
other startups out of CLUE
- Holds 8 US Patents
4. See-Through Head Mounted Displays
Consumer Medical
Industrial Military
Consumer Industrial Military
5. See-Through Head Mounted Displays
Consumer Medical
Industrial Military
Consumer Industrial Military
6. What’s missing?
Sunlight readability needs extremely high brightness
Long lifetime and environmental robustness not well
served by current technologies
Portable product needs energy efficiency
7. Monolithic integration of LEDs and silicon
Silicon TFTs
enable high
performance
circuits at low
process
temperatures
III-V LEDs
offer high
optical power
density,
efficient light
output, and
long lifetime
30X brighter, 5-10X greater efficiency
10. Business Model Canvas – 3/20/2012 – Version 1
Dev Core Emissive
Fabrication Product Display Co- Projectors
Source Build Team Development
More Efficient Pico-Projectors
LED Supplier Establish
Higher Integration
Facilities Microdisplays
Brightness Assistance
Packaging and Conferences
Assembly Simple Optics Structured
Light
Smaller Form Direct Sales
Joint
IP Factor User Interface
Development OEM
Long Lifetime Medical
Team/Know- License
How Available in any
Joint Venture
color
Capital Equipment (unit
Team operations not outsourced) Selling of display
Contracts
modules
Outsourced Tech Dev Space (application (Development,
Fabrication development) Licensing Government)
11. Everyone needs LED light engines!
Why wouldn’t they?
“You have a very (cool, interesting,
exciting) technology. This is perfect for
(HUD, military, microscopy, picoprojectors,
laptops, cell phones, toys)!”
12. Customer Segments
Projectors
Projectors Pico-Projectors
Microdisplays
Pico-Projectors
Structured
Light
Microdisplays
User Interface
Structured Medical
Light Manufacturing
line inspection
User Interface
Vehicle Head-
Medical up Displays
Military
Applications
13. Projectors/ Vehicle Head-
Microscopy Microdisplays
Pico-Projectors Up Displays
14. Projectors/ Microscopy Vehicle Head- Microdisplay
Pico Projectors Up Displays
Quote “This is great! When asked “Interest “How is this
The market is about market exists, safety different from
growing quickly” size- “maybe is a big OLED?”
10, or 5, or concern for
50” the industry”
Quote “Cost is the only “Do you “Industry “Super high
value proposition mean.. design cycles brightness
that matters in controlling are 6-8 years” attractive for
the display the excitation see-through
industry” wavelength?” helmet-mounted
displays”
15. Our problem
Relatively large amount of interest,
some excited people,
no clear earlyvangelist ready to take the risk
Minimum viable product for displays
QVGA (240x320) demonstration
16. Projectors/ Microscopy Vehicle Head- Microdisplay
Pico Projectors Up Displays
Quote “This is great! When asked “Interest “How is this
The market is about market exists, safety different from
growing quickly” size- “maybe is a big OLED?”
10, or 5, or concern for
50” the industry”
Quote “Cost is the only “Do you “Industry “Super high
value proposition mean.. design cycles brightness
that matters in controlling are 6-8 years” attractive for
the display the excitation see-through
industry” wavelength?” helmet-mounted
displays”
Key Value Cost Spectral Safety High Brightness
Proposition Selection
17. Customer Segments
Projectors
Projectors Pico-Projectors
Microdisplays Microdisplays
Pico-Projectors
Structured
Light
Microdisplays
User Interface
Structured Medical
Light Manufacturing
line inspection
User Interface
Vehicle Head-
Medical up Displays
Military
Applications
18. Consumer
Microdisplay Market
Medical
Industrial Military
Consumer Industrial Military
1200
1000
Market Size
(Millions $)
800
Military
600
Commercial
400 Consumer
200
0
2012 2014 2016
19. Key Partners Key Activities Value Propositions Customer Relationships Customer Segments
Fabrication Dev Core High Brightness Co- Microdisplays
Source- Technology Development for see-through
University Small Form head mounted
Cleanrooms Build Team Factor applications
Integration
(Columbia, Assistance (Military)
Dev Minimum
Harvard, Low Power
Viable Product
Cornell) Consumption
Key Resources Channels
Laboratory High Dynamic
Partners- Range OEM
IP
Kymissis Lab,
Im Lab
Team/Know-
How
Cost Structure Revenue Streams
Contracts Government
Team (Development, Grants
Government)
Materials and Per-Hour
Tool Usage Costs Other seed funding
Right Now- Near Term Team 9 – 5/23/2012
20. Future Growth
Microdisplays for military
head mounted displays
Consumer/ Vehicle Head-
Pico Projectors
Commercial HMD up Displays
Emerging market 10X growth in 5-6 years New car models in 2012
Lots of recent press Pushing towards adoption
21. Current Key Activities
• Continue customer discovery
– Continue meetings
– SID Display Week 2012
• Technical Presentation
• SID I-Zone Exhibit Table
• Continue technology
development towards higher
readiness MVP
• Raise additional development
funding
– In talks with military/eMagin for
seed funding
24. Business Model Canvas – 3/20/2012 – Version 1
Dev Core Emissive
Fabrication Product Display Co- Projectors
Source Build Team Development
More Efficient Pico-Projectors
LED Supplier Establish
Higher Integration
Facilities Microdisplays
Brightness Assistance
Packaging and Conferences
Assembly Simple Optics Structured
Light
Smaller Form Direct Sales
Joint
IP Factor User Interface
Development OEM
Long Lifetime Medical
Team/Know- License
How Available in any
Joint Venture
color
Team Capital Equipment (unit Selling of display
operations not outsourced) Contracts
modules
Outsourced (Development,
Fabrication Tech Dev Space (application Licensing Government)
development)
25. Business Model Canvas – 3/21/2012
Dev Core Emissive Projectors
Fabrication Product Display Co-
Source Build Team Development Pico-Projectors
More Efficient
LED Supplier Establish
Higher Integration Microdisplays
Facilities
Brightness Assistance
Packaging and Conferences Structured
Assembly Simple Optics Light
Smaller Form Direct Sales
Joint User Interface
IP Factor
Development OEM
Long Lifetime Medical
Team/Know- License
How Available in any Manufacturing
Joint Venture line inspection
color
Contracts
Team Capital Equipment (unit Selling of display (Development,
operations not outsourced) modules Government)
Outsourced
Fabrication Tech Dev Space (application Licensing
development)
26. Key Partners Key Activities Value Propositions Customer Relationships Customer Segments
Dev Core Emissive Display
Projectors ??
Fabrication Product - More Co-
Source Efficient Development Pico-Projectors
Build Team
- Higher
LED Supplier Establish Brightness Integration Microdisplays
Facilities Assistance
Packaging and Conferences Simpler System Structured
Assembly - Fewer Optics Light
Key Resources Channels
- Smaller Form
Joint Factor User Interface
Development IP Direct Sales
LED Advantages Medical
Team/Know- OEM
- Long Manufacturing
How Lifetime License line inspection
- Available in
any color Joint Venture
Cost Structure Revenue Streams
Team Capital Equipment (unit Selling of display Contracts
operations not outsourced) modules (Development,
Outsourced Government)
Fabrication Tech Dev Space (application Licensing
development)
Team 9 – 3/28/2012
27. Key Partners Key Activities Value Propositions Customer Relationships Customer Segments
Dev Core Emissive Display
Projectors ??
Fabrication Product - More Co-
Source Efficient Development Pico-Projectors
Build Team
- Higher
LED Supplier Establish Brightness Integration Microdisplays
Facilities Assistance
Packaging and Conferences Simpler System Structured
Assembly - Fewer Optics Light
Key Resources Channels
- Smaller Form
Joint Factor User Interface
Development IP Direct Sales
LED Advantages Medical
Team/Know- - Long OEM
How Lifetime Manufacturing
License line inspection
- Available in
any color Joint Venture
- Low Heat
Cost Structure Revenue Streams
Team Capital Equipment (unit Selling of display Contracts
operations not outsourced) modules (Development,
Outsourced Government)
Fabrication Tech Dev Space (application Licensing
development)
Team 9 – 3/28/2012
28. Key Partners Key Activities Value Propositions Customer Relationships Customer Segments
Dev Core Emissive Display
Projectors
Fabrication Product - More Co-
Source Efficient Development Pico-Projectors
Build Team
- Higher
LED Supplier Establish Brightness Integration Microdisplays
Facilities Assistance
Packaging and Conferences Simpler System Structured
Assembly - Fewer Optics Light
Key Resources Channels
- Smaller Form
Joint Factor User Interface
Development IP Direct Sales
LED Advantages Medical
Team/Know- OEM
- Long Manufacturing
How Lifetime License line inspection
- Available in
Joint Venture Vehicle Heads-
any color
Up Displays
Cost Structure Revenue Streams
Team Capital Equipment (unit Selling of display Contracts
operations not outsourced) modules (Development,
Outsourced Government)
Fabrication Tech Dev Space (application Licensing
development)
Team 9 – 4/4/2012
29. Key Partners Key Activities Value Propositions Customer Relationships Customer Segments
Emissive Display Vehicle Heads-
Dev Core
- More Up Displays
Fabrication Product Co-
Efficient
Source Build Team Development
- Higher Microdisplays
Establish Brightness
LED Supplier Integration Structured
Facilities Assistance
Simpler System Light
Packaging and Conferences - Fewer Optics
Assembly - Smaller Form User Interface
Key Resources Channels
Factor
Joint Medical
Development IP LED Advantages Direct Sales
Manufacturing
- Long
OEM line inspection
Team/Know- Lifetime
How - Available in License
any color
Joint Venture
Safety
Cost Structure Revenue Streams
Team Capital Equipment (unit Selling of display Contracts
operations not outsourced) modules (Development,
Outsourced Government)
Fabrication Tech Dev Space (application Licensing
development)
Team 9 – 4/11/2012
30. Key Partners Key Activities Value Propositions Customer Relationships Customer Segments
Emissive Display
Dev Core Projectors
- More
Fabrication Product Co- Pico-Projectors
Efficient
Source Build Team Development
- Higher
Brightness Military
LED Supplier Establish Integration Applications
Facilities Assistance
Simpler System
Packaging and Conferences Vehicle Heads-
- Fewer Optics
Assembly Up Displays
Key Resources - Smaller Form Channels
Factor Microdisplays
Joint
Development IP LED Advantages Direct Sales
- Long Medical Imaging
Team/Know- Lifetime OEM
How - Available in User Interface
License
any color Manufacturing
Joint Venture line inspection
Safety
Cost Structure Revenue Streams
Team Capital Equipment (unit Selling of display Contracts
operations not outsourced) modules (Development,
Outsourced Government)
Fabrication Tech Dev Space (application Licensing
development)
Team 9 – 4/18/2012
31. Key Partners Key Activities Value Propositions Customer Relationships Customer Segments
Emissive Display
Dev Core Projectors
- More
Fabrication Product Co- Pico-Projectors
Efficient
Source Build Team Development
- Higher Military
Establish Brightness Applications
LED Supplier Integration
Facilities Assistance
Simpler System Vehicle Heads-
Packaging and Conferences - Fewer Optics Up Displays
Assembly - Smaller Form
Key Resources Channels
Factor Microdisplays
Joint
Development IP LED Advantages Direct Sales
- Long Medical Imaging
Team/Know- Lifetime OEM
How - Available in User Interface
License
any color Manufacturing
Joint Venture line inspection
Safety
Cost Structure Revenue Streams
Team Capital Equipment (unit Selling of display Contracts
operations not outsourced) modules (Development,
Outsourced Government)
Fabrication Tech Dev Space (application Licensing
development)
Team 9 – 4/25/2012
32. Key Partners Key Activities Value Propositions Customer Relationships Customer Segments
Fabrication Dev Core High Brightness Co- Microdisplays
Source- Technology Development for see-through
University Small Form head mounted
Cleanrooms Build Team Factor applications
Integration
(Columbia, Assistance (Military)
Dev Minimum
Harvard, Low Power
Viable Product
Cornell) Consumption
Key Resources Channels
Laboratory High Dynamic
Partners- Range OEM
IP
Kymissis Lab,
Im Lab
Team/Know-
How
Cost Structure Revenue Streams
Contracts Government
Team (Development, Grants
Government)
Materials and Per-Hour
Tool Usage Costs Other seed funding
Right Now- Near Term Team 9 – 5/23/2012