WaveOptics makes a splash with $26m

Dec 11, 2018 • Callum Cyrus

Robert Bosch Venture Capital reinvested in the augmented reality technology developer as part of a round that valued it at $96m.

UK-based augmented reality technology (AR) developer WaveOptics secured $26m today in a funding round featuring industrial product maker Robert Bosch and electronics producer Goertek.

Octopus Ventures led the round, which included fellow venture capital firm Gobi Partners, asset manager Optimas Capital Partners and commercialisation firm IP Group. Bosch invested through corporate venturing arm Robert Bosch Venture Capital (RBVC).

Founded in 2014, WaveOptics produces optical components known as diffractive waveguides for AR devices. The transparent waveguides offer full colour, near-eye AR…

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