Cellid Secures $13 Million Funding to Propel Innovative AR Glass Technology Forward
Cellid Secures $13 Million Funding to Propel Innovative AR Glass Technology Forward
In a significant boost for the augmented reality (AR) market, Cellid Inc., a pioneering company in the development of AR glasses displays and spatial recognition engines, has successfully raised $13 million in a recent funding round. The investment, facilitated through a private placement led by Development Bank of Japan Inc. and supported by a consortium including More Management Co., Ltd. and various venture partners, elevates Cellid's total funding to a remarkable $33 million.
Advancements in AR Technology
Cellid's core mission focuses on revolutionizing the AR landscape with its cutting-edge technologies. The company is celebrated for creating the industry's leading technology in waveguides that offer the largest field of view and lightweight designs ideal for AR glasses. Their most groundbreaking achievement to date has been the development of the world's first full-color projection using plastic materials, a significant step forward in AR display technology.
Last November, Cellid introduced its