Augmented reality technology developer Avegant has added $13.7m from backers including Intel Capital and Applied Materials to a round that now total $37.7m.

US-based augmented reality technology developer Avegant has raised $13.7m in series B funding from semiconductor production equipment provider Applied Materials and existing investors including chipmaker Intel, the Financial Times has reported.

Avegant is the creator of an AR headset called Glyph that makes use of a mixed reality platform dubbed Light Field Technology, which the company claims can produce ultra-high quality, detailed virtual objects that appear lifelike.

The funding represents an extension to Avegant’s series B round, which it initially…