TriLite extended its Series A funding with a total amount of €20M, led by Continental’s Corporate Venture Capital Unit to expand operations and development efforts.
PRIVATESep 11, 2024
Amount Raised
€20 Million
Round Type
Series A
ViennaManufacturingInformation TechnologyCommerce and ShoppingEnergyHardwareSoftwareMedia And EntertainmentElectronics
Investors
Tec VenturesB&C Innovation InvestmentsApex VenturesContinental’s Corporate Venture Capital Unit
Description
TriLite, based in Vienna, Austria, extended its Series A funding bringing the total to €20M. The round involved participation from Continental’s Corporate Venture Capital Unit, alongside existing investors APEX Ventures, B&C Innovation Investments, and TEC Ventures. The funds will be used to expand the company's operations and development efforts.
Company Information
Company
TriLite
Location
Vienna, Vienna, Austria
About
TriLite designs and builds the world's smallest projection displays and ensures that everyone can enjoy augmented vision as lightweight as the eyewear of today. TriLite's display solutions are based on proprietary, multi-parameter algorithms and deploy advanced machine learning algorithms to generate laser beam scanning devices with unprecedented size, weight and image quality. An outstanding team of multidisciplinary researchers and manufacturing experts stands behind TriLite's multiple-patented technology. TriLite enables its customers to accelerate the availability of leading-edge display solutions for mass market Augmented Reality applications.
Fundz sees it the moment TriLite raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
ViennaManufacturingInformation TechnologyCommerce and ShoppingEnergyHardwareSoftwareMedia And EntertainmentElectronics