DigiLens of Sunnyvale, California introduced at present that it has raised $25 million from Continental, a German know-how firm within the automotive software of the startup’s holographic show know-how.
The deal will give Continental an 18 % stake in DigiLens. The two corporations are actually collectively growing “a waveguide head-up display” (HUD) for vehicles. The waveguide know-how additionally has potential for aviation and motorbike helmets, the businesses stated in a press launch.
The companions declare the augmented actuality show will increase the standard subject of view for a driver whereas lowering the dimensions of elements wanted.
“By reducing the size of head-up displays, this waveguide technology truly holds the potential to revolutionize the market,” stated Thorsten-Alexander Kern, head of HUD product improvement at Continental and a member of the DigiLens board of administrators, in a press release. “Seeing the first promising results, we are happy that we could increase our investment in DigiLens and further work together in order to bring this exciting technology on the road.”
DigiLens has now raised a complete of $60 million.