WaveOptics Raises $26m to Scale Business and Support International Expansion in Its First Stage of Series C Funding
Summary
LONDON--( BUSINESS WIRE )-- WaveOptics , the world leading designer and manufacturer of diffractive waveguides for use in Augmented Reality (AR) wearables, has raised $26 million (£20m) from existing shareholders and new investors.“We have seen a recent surge in interest from potential shareholders and strategic partners and anticipate closing further funding in the coming months.”WaveOptics is the world leading designer and manufacturer of diffractive waveguides, the key optical component in wearable augmented reality (AR) devices.WaveOptics technology is designed to be used for immersive AR experiences in industrial, enterprise and consumer markets.AR wearables, such as smart glasses, enable users to see computer-generated images overlaid on top of the real world.
Funding
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