WaveOptics Secures $13M in Funding

WaveOptics, a London, UK-based designer and manufacturer of waveguide displays, has closed a $39 million Series C funding round, raising an additional $13 million in the final stage. The final stage was supported by existing investor Goertek, a global leader in the design and manufacturing of high-tech consumer electronics, and new investor Hostplus. WaveOptics will use the funds to scale its business operations in the UK, US and Asia, and build a high volume manufacturing capability.

WaveOptics Raises $39 Million in Series C Funding

WaveOptics is a London, UK-based designer and manufacturer of waveguide displays, the key optical component used in Augmented Reality (AR) wearables. The company has developed patented near-eye transparent displays that allow device manufacturers, consumer electronic companies and social media businesses to create wearable devices that combine digital imagery with the real world. Its diffractive waveguides, the key optical component in wearable augmented reality (AR) devices, transfer the light waves from the light source and project them into the user’s eye. The technology produces a large eye-box, binocular viewing and a high field of view. The eye-box (the viewing window) is the size of the AR display from which the full image is visible – see graphic below. The waveguides deliver crisp, undistorted text as well as stable imagery.

WaveOptics is a London, UK-based designer and manufacturer of waveguide displays for Augmented Reality (AR) wearables.

6 years ago

WaveOptics Raises $39 Million in Series C Funding

ProblemTechnology

Solution

Covered on