7 years ago

WaveOptics Raises €23 Million to Expand AR Wearables Globally

  • WaveOptics, a UK-based augmented reality (AR) startup, has raised €23 million in a Series A funding round led by Octopus Ventures

  • The funding will be used to scale up business operations internationally and build WaveOptics' manufacturing supply chain to meet customer demand from Asia and US markets

  • WaveOptics designs and manufactures diffractive waveguides, the key optical component in wearable AR devices

  • The company has offices in Abington, UK, Los Angeles, Taipei, and plans to open a new office in Beijing in 2019.

      • ProblemTechnology

      "To enable users to see computer-generated images overlaid on top of the real world using wearable AR devices, such as smart glasses."

      Solution

      "WaveOptics' technology transfers light waves from a light source and projects them into the user's eye, producing a large eye-box and delivering crisp, undistorted text as well as stable imagery."

      Covered on