The AR display developer, backed by Motorola in 2005, has raised new funding from investors including Crystal-Optech and will use it to scale manufacturing.
Israel-based augmented reality (AR) near-to-eye display developer Lumus raised $15m on Wednesday in a round led by investment group Shanda that featured photo-electric display equipment maker Crystal-Optech.
Lumus develops and sells transparent displays to consumer electronics and smart eyewear manufacturers looking to build AR technology. The funding will be used to increase production of its technologies.
Lumus chief executive Ben Weinberger said: “With this financing Lumus will move rapidly toward bringing our revolutionary optics technology to consumer applications.
“Our production…
