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WaveOptics displays $15.7m investment

Jul 18, 2017 •

Touchstone Innovations has contributed $4m to the round, which also included fellow existing shareholders Robert Bosch Venture Capital and Octopus Investments.

UK-based augmented reality (AR) technology developer WaveOptics raised £12m ($15.7m) in a funding round yesterday that included Touchstone Innovations, the commercialisation firm spun out of Imperial College London.

Robert Bosch Venture Capital, the corporate venturing division of engineering and electronics conglomerate Robert Bosch, also took part in the round, as did Octopus Investments and Gobi Ventures. Touchstone provided £3.1m.

WaveOptics is working on technology to enable augmented reality displays, focusing on the underlying optics rather than also developing sensors, cameras…

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