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Warburg Pincus Leads Series C Round For Smart Glass Developer Ambilight

Warburg Pincus Leads Series C Round For Smart Glass Developer Ambilight

11/25/21, 12:16 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsilicon valley
Round Type
series c
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.

Company Info

Company
Ambilight
Location
silicon valley, california, united states
Additional Info
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.