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Digilens Raises $50M To Develop Cheap Ar Display Tech

by venturebeat.com posted 1week ago 14 views
Augmented reality display pioneer DigiLens has raised $50 million in venture capital from a raft of investors. : DigiLens, a Sunnyvale, California-based startup developing displays for augmented reality (AR) devices, today announced that it’s closed a $50 million oversubscribed series C round led by Universal Display Corporation’s UDC Ventures, Samsung Ventures, Pokémon Go creator Niantic, Continental AG, Sony Innovation Fund, and Mitsubishi’s Diamond Edge Ventures. It more than doubled the Sunnyvale, California-based company’s previous $22 million raise in January 2017, and it brings DigiLens’ venture capital haul to date to over $100 million.

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