202207 Apr

DigiLens Completes Second Close of Its Series D

Summary

SUNNYVALE, CA, DigiLens, an innovator in head worn holographic display and waveguide technology, today announced that Corning Inc. has joined its Series D funding round as an investor. Corning joins a diverse and impressive list of investors in this round that includes Samsung Electronics, Optimas Capital Management (a strategic investment arm of Goertek), Diamond Edge Ventures (the strategic investment arm of Mitsubishi Chemical Holdings Corporation), Alsop Louie Partners, 37 Interactive Entertainment, UDC Ventures (the corporate venture arm of Universal Display Corporation), and Dolby Family Ventures. The round solidifies DigiLens waveguides as a de facto standard for smartglasses and allows the company to strengthen its licensing business model and extend its global offerings. The company has developed a patented optical platform and photopolymer technology that delivers best-in-class solutions using a unique, low-cost contact-copy manufacturing process. DigiLens enables OEM partners to design and build XR-enabled devices for the global automobile, enterprise, consumer, avionics, and military industries.

Source: Vcnewsdaily

Funding

$50M
Amount
Apr 07 2022
Date
-
Investor
Digilens
Company

Classifications

Companies