About Plessey
Plessey is a company based in Plymouth (United Kingdom) founded in 1917 was acquired by Haylo in August 2025. It operates as a Product-as-a-Service. Plessey offers products and services including microLED Display Solutions. Plessey operates in a competitive market with competitors including Particle, Signify, Landis+Gyr, PowerSecure and Span.IO, among others.
- Headquarter Plymouth, United Kingdom
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Sectors
Business ServicesEnergy & Utilities Technology
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Phone
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Website
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Social
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- Legal Name Plessey Semiconductors Ltd
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Products & Services of Plessey
Plessey offers a comprehensive portfolio of products and services, including microLED Display Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Innovative microLED solutions are developed for advanced displays.
Funding Insights of Plessey
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $30.0M
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First Round
First Round
(01 Feb 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2016 | Amount | Debt – Conventional - Plessey | Valuation |
investors |
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| Sep, 2015 | Amount | Grant - Plessey | Valuation |
investors |
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| Feb, 2015 | Amount | Grant - Plessey | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Plessey
Plessey has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Facebook, Mitel and Deutsche Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Diversified banking and financial services are provided globally.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Online social networking and communication services are provided globally.
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| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Plessey
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Plessey
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Plessey Comparisons
Competitors of Plessey
Plessey operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Particle, Signify, Landis+Gyr, PowerSecure and Span.IO, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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Energy efficiency and smart grid management solutions
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Smart panels for home energy management are provided by Span.IO.
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Automotive lighting equipment is manufactured by Osram in Germany.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Plessey
Frequently Asked Questions about Plessey
When was Plessey founded?
Plessey was founded in 1917 and raised its 1st funding round 98 years after it was founded.
Where is Plessey located?
Plessey is headquartered in Plymouth, United Kingdom.
Who is the current CEO of Plessey?
Keith Strickland is the current CEO of Plessey.
What does Plessey do?
Plessey Semiconductors Ltd is engaged in the development of innovative microLED technology. Solutions are tailored for ARMR wearable devices, HUDs, and consumer electronic displays. The proprietary GaN-on-Silicon platform and monolithic process are utilized to deliver cutting-edge display technologies. The company operates within the semiconductor sector, emphasizing next-generation display solutions for various applications.
Who are the top competitors of Plessey?
Plessey's top competitors include Particle, Landis+Gyr and Signify.
What products or services does Plessey offer?
Plessey offers microLED Display Solutions.
Who are Plessey's investors?
Plessey has 5 investors. Key investors include Facebook, Mitel, Deutsche Bank, European Union, and Haylo.
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