WaveOptics

Consumer ProductsSeries CMilton, UKenhancedworld.com

Latest round

Series C

Last raised

Jul 2019

Total raised

$54M

Investors

8

About WaveOptics

Founded in 2014 and based in Milton, United Kingdom, WaveOptics Ltd develops and provides wearable devices and smart glasses with augmented reality display technology for industrial enterprises and consumer markets. David Grey and Sumanta Talukdar are the co-founders of the company. In May 2021, Snap acquires WaveOptics for over USD 500 million. The company has a valuation of around USD 105 million and over 125 employees as of May 2021. The company’s products consist of waveguides, projectors, and modules. The waveguides offer the widest range of fields of view, ensuring the waveguide platforms offer the maximum design flexibility for customers to design and meet their product needs. Projectors are designed to be compact and efficient. The company offers both DMD and LoCS based projectors, depending on the field of view. WaveOptics modules are the right platform to either create a demonstration system or product for the quickest entry into the development of AR hardware. The company generates revenue by providing its waveguide platform and projectors to consumers. The firm’s operational experience in the manufacture of AR wearables leads to its success.

Who invested in WaveOptics

8 investors across 3 rounds

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Funding rounds

  1. Series C

    Jul 19, 2019

    Amount

    $13M

    Investors

    Locked

  2. Series C

    Oct 22, 2018

    Amount

    $25M

    Investors

    Locked

  3. Series B

    Jul 17, 2017

    Amount

    $16M

    Investors

    Locked

Questions about WaveOptics

Who invested in WaveOptics?

WaveOptics 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 WaveOptics raised?

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

When did WaveOptics last raise money?

WaveOptics's most recent round on record is a Series C, in Jul 2019.

What does WaveOptics do?

Founded in 2014 and based in Milton, United Kingdom, WaveOptics Ltd develops and provides wearable devices and smart glasses with augmented reality display technology for industrial enterprises and consumer markets.

Where is WaveOptics headquartered?

WaveOptics is headquartered in Milton, UK.

Which VCs invest in companies like WaveOptics?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back consumer products companies at WaveOptics's stage. Their profiles are linked below.

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