US private equity firm Warburg Pincus has led a Series C round for Ambilight, a Silicon Valley-based startup that manufactures electrochromic technology-based auto rearview mirrors, ski goggles, and other products in China.

The Series C round is a nine-digit investment at “hundreds of millions of US dollars,” said the startup in a statement on its official website. Through its manufacturing centres in China’s Shenzhen and Suzhou, the startup develops electrochromic materials, solid-state electrolytes, optical film processing, and ultra-precise manufacturing technics for their applications from automobile rearview mirror, sunroof, and side window to façade, ski and augmented reality (AR) goggles, and more. Founded in 2017, Ambilight is a developer of next-generation electrochromic glass, also known as smart glass or dynamic glass, whose light transmission properties are altered when voltage, light, or heat is applied.

Silicon Valley, California, United States

Warburg Pincus Leads Series C Round For Smart Glass Developer Ambilight

Description

Company Information