LetinAR

SoftwareSeries BAnyang-si, South Korealetinar.com

Latest round

Series B

Last raised

Dec 2020

Total raised

$13M

Investors

8

About LetinAR

Founded in 2016 in Anyang City, South Korea, LetinAR specializes in Augmented Reality optics.LetinAR specializes in advanced Augmented Reality (AR) optics, primarily through its core product offerings, which include the PinTILT hybrid optics, Letinus™ Lens module, FrontiAR™ module, and associated evaluation kits. The PinTILT technology uniquely combines the benefits of waveguide and birdbath designs, delivering lightweight, low-power consumption systems that offer bright displays and clear vision for various applications, including smart glasses, headsets, and heads-up displays (HUDs). The Letinus™ Lens module, featuring a 22-degree field of view, is tailored for extended wear in smart glasses, while the FrontiAR™ module expands upon this concept with a wider 45-degree field of view, suitable for everyday and industrial applications.LetinAR's revenue model is structured around the sale of its proprietary optical modules and evaluation kits, catering primarily to businesses within the technology and consumer electronics sectors. Clients range from large corporations to startups focused on developing smart glasses and immersive AR experiences. Transactions typically occur through B2B partnerships, where companies purchase products such as the Letinus™ and FrontiAR™ modules to integrate into their own devices or systems. Pricing structures are defined based on the specifications of each product, including flagship offerings like the T-Glasses and KeplAR EV-Kits.LetinAR's growth strategy includes the development of new products aimed at enhancing its existing AR offerings. The company targets expansion into new geographic markets in North America and Europe by the end of 2022.00 mn will support these initiatives, facilitating the launch of innovative products and further establishing a market presence globally.

Who invested in LetinAR

8 investors across 3 rounds

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Funding rounds

  1. Series B

    Dec 29, 2020

    Amount

    $7.4M

    Investors

    Locked

  2. Series A

    Feb 1, 2019

    Amount

    $1.8M

    Investors

    Locked

  3. Series A

    Oct 2, 2018

    Amount

    $3.5M

    Investors

    Locked

Questions about LetinAR

Who invested in LetinAR?

LetinAR has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has LetinAR raised?

LetinAR has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did LetinAR last raise money?

LetinAR's most recent round on record is a Series B, in Dec 2020.

What does LetinAR do?

Founded in 2016 in Anyang City, South Korea, LetinAR specializes in Augmented Reality optics.

Where is LetinAR headquartered?

LetinAR is headquartered in Anyang-si, South Korea.

Which VCs invest in companies like LetinAR?

Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at LetinAR's stage. Their profiles are linked below.

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