3M Ventures has participated in a $13.7m round for VTT spinout Dispelix, which is working on augmented reality display technology.
Finland-based augmented reality technology developer Dispelix has raised €12m ($13.7m) in a series A round backed by 3M Ventures, the corporate venturing subsidiary of manufacturing conglomerate 3M.
VTT Ventures, the investment arm of VTT Technical Research Centre of Finland, also contributed to the round, as did government-owned investment company Finnish Industry Investment, venture capital firm Lifeline Ventures and an undisclosed additional investor.
Founded in 2015, Dispelix has developed transparent, ultra-thin augmented reality displays for use in industrial applications and mass-market…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
