DigiLens has raised a new round of funding from Pokemon Go maker Niantic and Mitsubishi Chemical’s Diamond Edge Ventures to develop holographic waveguide displays for augmented reality applications.
Terms of the deal weren’t disclosed, but it is the third round of funding for DigiLens.
The investment will let Sunnyvale, California-based DigiLens continue to make quality holographic waveguide displays for global automobile, enterprise, consumer, avionics and military brands.
Previously, DigiLens raised $25 million in May from Germany’s Continental, a tech company interested in automotive applications for holographic displays.
“We are thrilled to have Niantic and MCHC join Continental AG and our other strategic investors,” said Chris Pickett, DigiLens CEO, in a statement.
“These investments will strengthen the ecosystem of support for DigiLens, its licensees and their customers for the manufacturing of large volumes of displays at consumer price points that cannot be matched by other technologies.”