Fundraising Fox

Pixelligent

Baltimore, US · 1 known investors

Pixelligent develops high-refractive-index zirconia and titania nanocrystal formulations and dispersions used in optical applications such as XR waveguides, diffractive optical elements, wafer-level optics, and OLED/MicroLED displays. Its materials and PixClearProcess manufacturing platform are optimized for nanoimprint lithography, inkjet printing, and other high-precision processes.

Founders & leadership

CBCraig Bandes
Craig BandesExecutive
TWTom Werthan
Tom WerthanExecutive
CMCraig Mintz
Craig MintzExecutive
GC
Gregory CooperNamed on SEC filing

Board

PK
Peter KirlinBoard director
KJ
Keith JacksonBoard director
EO
Eileen O'RourkeBoard director
MY
Mudar YaghiBoard director
AR
Andrew RayBoard director
AG
Andrew GavinBoard director
MY
Mudar YahgiBoard director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$41.5M disclosed across 7 of 9 rounds · 2014–2025

$9MraisedMay 2025 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrew GavinDirector
  • Andrew RayDirector
  • Eileen O'RourkeDirector
  • Peter KirlinDirector
  • Mudar YaghiDirector
  • Tom WerthanExecutive Officer
  • Keith JacksonDirector
  • Craig BandesExecutive Officer, Director
Offering amount
$9M
Amount sold
$9M
Sales commissions
$200K
Placement agents
Greenhill & Co., LLC
First sale
Apr 2025
Incorporated
Limited Liability Company, Virginia
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3.2MraisedSep 2024 · 17 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Eileen O'RourkeDirector
  • Andrew RayDirector
  • Peter KirlinDirector
  • Tom WerthanExecutive Officer
  • Craig BandesExecutive Officer, Director
  • Andrew GavinDirector
  • Mudar YaghiDirector
  • Keith JacksonDirector
Offering amount
$5M
Amount sold
$3.2M
Minimum investment
$1
First sale
Mar 2024
Incorporated
Limited Liability Company, Virginia
Federal exemptions
04, 06b
Full filing on SEC EDGAR ↗
Undisclosed amountofferedSep 2024 · 18 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Peter KirlinDirector
  • Keith JacksonDirector
  • Craig BandesExecutive Officer, Director
  • Eileen O'RourkeDirector
  • Mudar YaghiDirector
  • Tom WerthanExecutive Officer
  • Andrew RayDirector
  • Andrew GavinDirector
Minimum investment
$1
Sales commissions
$1M
First sale
Aug 2024
Incorporated
Limited Liability Company, Virginia
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.5MraisedSep 2022 · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • MUDAR YAGHIDirector
  • TOM WERTHANExecutive Officer
  • CRAIG BANDESExecutive Officer, Director
  • EUGENE BANUCCIDirector
  • EILEEN M. O'ROURKEDirector
  • WAYNE REHBERGERDirector
  • ANDREW RAYDirector
  • KEITH JACKSONDirector
  • ANDREW GAVINDirector
  • CHRIS ROSENTHALDirector
Offering amount
$10M
Amount sold
$2.5M
Minimum investment
$8K
First sale
Mar 2022
Incorporated
Limited Liability Company, Virginia
Federal exemptions
04, 06b
Full filing on SEC EDGAR ↗
Undisclosed amountofferedMar 2021 · 18 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • CRAIG BANDESExecutive Officer, Director
  • MUDAR YAGHIDirector
  • BEN CHIUExecutive Officer
  • EUGENE BANUCCIDirector
  • ANDREW RAYDirector
  • EILEEN M. O'ROURKEDirector
  • ALAIN HARRUSDirector
  • ANDREW GAVINDirector
Minimum investment
$1
First sale
Mar 2019
Incorporated
Limited Liability Company, Virginia
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$7.6MraisedApr 2018 · 24 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrew GavinDirector
  • Andrew RayDirector
  • Gregory CooperExecutive Officer, Director
  • Alain HarrusDirector
  • Eugene BanucciDirector
  • Craig BandesExecutive Officer, Director
  • Mudar YaghiDirector
  • Eileen O'RourkeDirector
Amount sold
$7.6M
Minimum investment
$1
First sale
Jul 2017
Incorporated
Limited Liability Company, Virginia
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$10.4MraisedAug 2016 · 43 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Mudar YaghiDirector
  • Gregory CooperExecutive Officer, Director
  • Andrew RayDirector
  • Eileen O'RourkeDirector
  • Andrew GavinDirector
  • Craig BandesExecutive Officer, Director
Offering amount
$10.4M
Amount sold
$10.4M
Minimum investment
$100
First sale
Aug 2016
Incorporated
Limited Liability Company, Virginia
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3.4MraisedJun 2015 · 38 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrew RayDirector
  • Craig BandesExecutive Officer
  • Eileen M. O'RourkeDirector
  • Mudar YahgiDirector
  • Andrew GavinDirector
  • Gregory CooperExecutive Officer, Director
  • Craig MintzExecutive Officer
Offering amount
$3.4M
Amount sold
$3.4M
First sale
May 2015
Incorporated
Limited Liability Company, Virginia
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Non-dilutive funding · 16 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
Department of EnergyPhase II2019$1.1M
U.S. ArmyArmyPhase IISTTR2018$1M
Department of EnergyPhase I2018$150K
Department of EnergyPhase II2017$1M
Department of EnergyPhase I2017$150K
Department of EnergyPhase II2015$1M
U.S. ArmyArmyPhase ISTTR2015$150K
Department of EnergyPhase II2014$489.1K
Department of EnergyPhase I2014$150K
Department of EnergyPhase I2013$150K
U.S. Air ForceAir ForcePhase I2010$100K
U.S. Air ForceAir ForcePhase I2010$100K
National Science FoundationPhase I2009$150K
National Science FoundationPhase I2009$100K
National Science FoundationPhase II2007$500K
National Science FoundationPhase I2006$99K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does Pixelligent do?
Pixelligent develops high-refractive-index zirconia and titania nanocrystal formulations and dispersions used in optical applications such as XR waveguides, diffractive optical elements, wafer-level optics, and OLED/MicroLED displays. Its materials and PixClearProcess manufacturing platform are optimized for nanoimprint lithography, inkjet printing, and other high-precision processes.
Who are Pixelligent's investors?
Pixelligent's investors include TCP Venture Capital.
How much funding has Pixelligent raised?
Pixelligent has disclosed $41.5M raised across 7 of its 9 known rounds.
Where is Pixelligent headquartered?
Pixelligent is headquartered in Baltimore, US.