TriLite Technologies has successfully closed an €8 million funding round led by QC·Ventures to further develop its ultra-compact RGB laser beam scanning technology for augmented and mixed reality eyewear.
Information on the Target
TriLite Technologies, headquartered in Vienna, Austria, and San Francisco, California, is a prominent provider of innovative image display solutions. The company focuses on developing patented ultra-compact RGB laser beam scanners designed for use in augmented reality (AR), virtual reality (VR), and mixed reality (MR) devices, including head-mounted displays and head-up displays. TriLite has established itself at the forefront of the AR/MR industry due to its pioneering technology and commitment to advancing display capabilities.
The company's flagship product, the Trixel® 3, is recognized as the world’s smallest and lightest projection display, boasting a total volume of merely 0.92cm³. By leveraging proprietary, multi-parameter algorithms and advanced machine learning techniques, TriLite has set new standards in size, weight, and image quality, challenging the traditional constraints faced by the AR/MR market.
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Industry Overview
The augmented and mixed reality industries are rapidly evolving, driven by increasing consumer interest and advancements in technology. In Europe, particularly in countries such as Austria, there is a growing demand for AR/MR devices that en
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Disclosed details
Transaction Size: $8M