Investment

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$1.8 Billion VC Funding for VR/AR in 2016

by Bob Raikes

Last year, the funding for VR/AR companies reached $1.8 billion, ending much higher than in 2015. According to Greenlight Insights year-end analysis of individual deals back to 2011, both median-deal size and the total …

Tags:AR/VR| Investment| Mobile Display Monitor| Virtual Reality| Vol 24 - Issue 04

China’s Sunac Invests In LeEco

by Yvette Raikes

Chinese property developer Sunac China Holdings has stated that it has invested a total of 15.04 billion yuan ($2.19 billion) in LeEco. It is buying an 8.61% stake in Leshi Internet Information for 6.04 …

Tags:Investment| Large Display Monitor| LeEco (formerly LeTV)| Mobile Display Monitor| Vol 24 - Issue 02

Microvision Raises Cash & Ships Samples

by Bob Raikes

Microvision had a busy holiday period and confirmed that it has sold 2 million shares worth $1.07 to Ben Lawrence-Farhi, after he was unable “for logistical reasons” to take part in a recent public …

Tags:Embedded Pico Projectors| Investment| Microvision| Mobile Display Monitor| Vol 23 - Issue 51

emagin

eMagin Announces $5 million Credit Deal

by Bob Raikes

eMagin said that it has arranged a $5 million revolving credit facility for working capital. The money will be used for general corporate purposes including funding the inventory build for the company’s recently launched …

Tags:eMagin| Investment| Mobile Display Monitor| Vol 23 - Issue 51

Foxconn Boosts Stake in Smart

by Bob Raikes

Foxconn has increased its stake in Smart Technologies Inc by a $60 million investment through Foxconn Singapore Pte which will take the firm’s stake in Smart to 84.2% after completing an acquisition of the …

Tags:Foxconn (Honhai)| Investment| Large Display Monitor| Smart Technologies Inc| Vol 23 - Issue 51

Smartkem Gets Investment for OTFT

by Bob Raikes

SmartKem of the UK, which is developing organic semiconductors, has received further funding from existing syndicate members of £3 million ($3.7 million). The money will be used to help the movement of the company’s …

Tags:Flexible Displays| Investment| Mobile Display Monitor| Vol 23 - Issue 50

Cambridge Touch Raises Funds

by Yvette Raikes

UK company Cambridge Touch Technologies has successfully completed its Series A funding with both existing and new investors in this round. The money will be used to commercialise its 3D multitouch technology. Analyst Comment …

Tags:Investment| Large Display Monitor| Mobile Display Monitor| Touch| Vol 23 - Issue 48

ODG Raises $58 Million Investment

by Bob Raikes

Osterhout Design Group (ODG) said that it has received a $58 million Series A investment to accelerate production and R&D of its smart glasses products. Participating in the investment are Shenzhen O-film Tech Co., …

Tags:Augmented Reality| Investment| Mobile Display Monitor| Vol 23 - Issue 47

HTC Partners with Shenzhen Government for VR

by Bob Raikes

HTC has signed a deal with the Shenzen Municipal Government to set up an RMB 10 billion ($1.45 billion) fund for the development of VR and the formation of a China VR Research Institute. …

Tags:China| HTC| Investment| Mobile Display Monitor| Virtual Reality| Vol 23 - Issue 46

InContext Gets $15 million for VR in Retail

by Bob Raikes

InContext Solutions, a specialist in virtual reality (VR) solutions for retailers and manufacturers, announced the closing of a $15.2 million funding round, lead by Intel Capital and Beringea. The finance will be used for …

Tags:AR/VR| Intel| Investment| Mobile Display Monitor| Retail| Virtual Reality| Vol 23 - Issue 42

Sky Backs Slingbox Founder

by Bob Raikes

Sky has made a small investment in Caavo, which was started by a group including a founder of Slingbox, Blake Krikorian (although he has since, unexpectedly died). Other founders came from Echostar and Violet3D …

Tags:Investment| Large Display Monitor| Mobile Display Monitor| Sky| Vol 23 - Issue 40