philip lelyveld The world of entertainment technology

21May/18Off

AR wave guide display mftr. DigiLens nabs $25M

11219567_1678077509091974_8273248602876906341_oDigiLens manufactures “waveguide displays,” which have been in use for a while but are pretty much the best technology available for making AR headset displays.

What distinguishes DigiLens is that their manufacturing process relies on them “printing” these reflective elements directly onto the sheets of glass, a feature the company says helps them keep costs lower than its competitors.

Though Sunnyvale-based DigiLens has perhaps gotten the most press for its work on miniature waveguide displays perfect for the first generation of augmented reality headsets, like many other display makers in that space they’ve found more immediate opportunity in making heads-up displays for cars and motorcycle helmets. This significant investment from Continental now pins the company’s equity stake in DigiLens at 18 percent, the company tells me.

DigiLens has raised $60 million in funding to date from investors, including Sony and Foxconn according to Crunchbase.

See the full story here: https://techcrunch.com/2018/05/17/augmented-reality-display-maker-digilens-nabs-25-million/

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