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WaveOptics

WaveOptics Secures Funding to Scale the Business to Meet Growing AR Market Demand

Additional $13 Million Raised in Final Stage of $39 Million Series C Funding Round WaveOptics, the world leading designer and manufacturer of waveguide displays, the key optical component used in Augmented Reality (AR) wearables, has closed an oversubscribed $39m (£30m) Series C funding round. WaveOptics raised an additional $13m (£10m) in the final stage, having raised an initial $26m (£20m) in December 2018. This final stage was supported by existing investor Goertek, a global leader in the design and manufacturing…

WaveOptics and Compal Sign Strategic Partnership Agreement to Develop AR Wearables

WaveOptics, the leading designer and manufacturer of diffractive waveguides for use in Augmented Reality (AR) wearables, has formed a strategic partnership with Compal, one of the world’s leading manufacturers of smart devices and notebook PCs. “Users will enjoy the incredibly immersive experience made possible by WaveOptics’ waveguides and we expect high industry adoption to drive quick growth in the AR glasses market.” This agreement enables Compal and WaveOptics to develop AR wearables for the growing AR smart…

WaveOptics and Goertek Sign Exclusive Waveguide Manufacturing Partnership Agreement

The Partnership Enables the Global Mass Production of Optical Waveguides, the Critical Component in AR Wearables WaveOptics, the leading designer and manufacturer of diffractive waveguides, has signed an exclusive waveguide production partnership with Goertek, a leading global ODM in high-tech consumer electronics design and manufacturing. This partnership will enable high volume manufacturing of WaveOptics’ diffractive waveguides for augmented reality (AR) wearables, such as smart glasses, at a price point to enable…