High-performance photoinitiators (PIs) play a crucial role in ultraviolet–visible (UV–Vis) photopolymerization. In this study, three coumarin-3-oxoacetic acid methyl esters (COAEs) which demonstrate significant UV–Vis absorption within the 300–500 nm range were synthesized and studied. Real-time fourier transform infrared (RT-FTIR) and photo-differential scanning calorimetry (photo-DSC) experiments demonstrated that these PIs can function as Type I and Type II PIs for initiating free radical polymerization (FRP) of acrylate monomers. Additionally, they can serve as photosensitizers for iodonium salts and sulfonium salts, enabling cationic photopolymerization (CP) of epoxy and oxetane monomers. Remarkably, even at low concentrations of 0.01 wt%, they can effectively initiate the deep curing of Tri-(propylene glycol) diacrylate (TPGDA) to a depth of approximately 9 cm after 5 min of irradiation with a 415 nm or 450 nm LED light source. Furthermore, the COAEs exhibit satisfactory photobleaching properties, making them suitable for colorless applications in photopolymerization. The photochemical and photophysical properties of the COAEs were thoroughly investigated using absorption spectroscopy, electron spin resonance, cyclic voltammetry experiments, and photoinduced decarboxylation experiments to elucidate the photoinitiation mechanism. Cytotoxicity experiments revealed that COAE-N exhibited good cytocompatibility. Therefore, the exceptional polymerization properties of COAEs offer promising prospects for FRP and CP applications. Additionally, their efficient photobleaching characteristics make them highly suitable for deep photopolymerization applications. Moreover, the low cytotoxicity of COAEs suggests significant potential for biomedical applications such as dental restoration.
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