Digilens Completes The Second Close Of Its Series D Funding Round
04/07/22, 2:00 PM
Location
sunnyvaleRound Type
series d
DigiLens Inc., an innovator in head worn holographic display and waveguide technology, today announced that Corning Incorporated has joined its Series D funding round as an investor. Corning joins a diverse and impressive list of investors in this round that includes Samsung Electronics, Optimas Capital Management (a strategic investment arm of Goertek), Diamond Edge Ventures (the strategic investment arm of Mitsubishi Chemical Holdings Corporation), Alsop Louie Partners, 37 Interactive Entertainment, UDC Ventures (the corporate venture arm of Universal Display Corporation), and Dolby Family Ventures. After a funding round that included more than $50 million in new investments, DigiLens is now valued at over $530 million. The round solidifies DigiLens’ waveguides as a de facto standard for smartglasses and allows the company to strengthen its licensing business model and extend its global offerings.
Company Info
Location
sunnyvale, california, united states
Additional Info
DigiLens is a leader in holographic waveguides used for XR displays. The company has developed a patented optical platform and photopolymer technology that delivers best-in-class solutions using a unique, low-cost contact-copy manufacturing process. DigiLens enables OEM partners to design and build XR-enabled devices for the global automobile, enterprise, consumer, avionics, and military industries. Based in Sunnyvale, CA, DigiLens investors include industry leaders like Samsung Electronics, Diamond Edge Ventures (the strategic investment arm of Mitsubishi Chemical Holdings Corporation), Alsop Louie Partners, Optimas Capital Management (a strategic investment arm of Goertek), 37 Interactive Entertainment, UDC Ventures (the corporate venture arm of Universal Display Corporation), Niantic, Inc., Sony Innovation Fund, Dolby Family Ventures, Continental AG, Corning Inc., and more. To find out more, please visit: www.digilens.com