Stanford-StartX has contributed to a $58m series B for AR platform Mojo Vision, which also attracted Google, HP, Motorola Solutions, LG and Kakao.
US-based augmented reality technology producer Mojo Vision yesterday raised $58m in series B funding from investors including Stanford-StartX, the accelerator backed by Stanford University.
HP Tech Ventures, Motorola Solutions Venture Capital and Kakao Ventures, respective corporate venturing subsidiaries for industrial computing company Advantech, PC manufacturer HP, telecoms equipment supplier Motorola Solutions and internet company Kakao, also contributed to the round.
The series B also featured Gradient Ventures, the artificial intelligence-focused investment arm of internet company Google, as well as consumer electronics group LG Electronics, Bold Capital Partners, the investment fund of Peter Diamandis, founder and executive chairman of non-profit X Prize Foundation, and private equity fund Advantech Capital.
Although Stanford-StartX typically invests through its Stanford-StartX Fund, set to be wound down later this year, Mojo Vision’s press release did not refer to the fund.
Founded in 2015, Mojo Vision is developing technology and interfaces that…
Thierry Heles
Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
