Metalenz Raises $30 Million Series B Led By Neotribe Ventures To Address Fast Growing Demand For Its Breakthrough Metasurface Optics
Metalenz Raises $30 Million Series B Led By Neotribe Ventures To Address Fast Growing Demand For Its Breakthrough Metasurface Optics
10/12/22, 9:36 PM
Location
bostonMoney raised
$30 million
Industry
other
Round Type
series b
Metalenz, the market leader for metasurface optics for high-performance 3D sensing solutions, today announced the closing of a $30M Series B, led by Neotribe Ventures. The funding will be used to meet the growing demand for the company's existing 3D Sensor metasurface optics while simultaneously accelerating the market introduction of its revolutionary new polarization sensing solution, PolarEyes. The round also saw participation from Foothill Ventures, M Ventures, Intel Capital, Osage University Partners, TDK Ventures, 3M Ventures, Global Brains, SG Innovate, Baidu Ventures, Hegemon Capital, and Braemar Ventures.
Company Info
Location
205 portland st, suite 500
boston, massachusetts, united states
Additional Info
Metalenz, founded in 2016 is the first company to commercialize meta-optics. The company is backed by leading investors including 3M, Applied Ventures LLC, Intel Capital, M Ventures and TDK Ventures. The company has the exclusive worldwide license to the portfolio of foundational intellectual property relating to metasurfaces developed in the Capasso Lab at Harvard University and has more than 20 patents on innovations that simplify and improve optical devices across multiple markets