AR display manufacturer Microoled receives €21M investment
Microoled, a manufacturer of ultra-lightweight, low-power OLED microdisplays, has announced a €21 million fundraising round. The round, led by Jolt Capital, will support the expansion of production in France and the next generation of full-color OLED solutions. The small 0.2 to 0.6 inch near-eye displays (NEDs) are well suited for AR headsets due to their high brightness and contrast. One application is B2B data glasses using the Activelook platform.
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$82.5 million for an "X-ray vision" AR system
Augmedics offers xvision Spine, an AR system for spine surgery. The company has now closed an investment round of 82.5 million US dollars. The money will be used for further development. The xvision Spine system consists of a proprietary AR headset and software. According to Augmedics, the system "allows surgeons to see patients’ anatomy as if they have 'x-ray vision' and accurately navigate instruments and implants during spine procedures".
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