Switzerland-based light field display startup CREAL announced its closed a $8.9 million equity funding round, which the company says will accelerate the miniaturization of its light field module for AR…
It was rumored last year that Meta was seeking a minority stake in French-Italian eyewear conglomerate EssilorLuxottica, not only the largest eyewear manufacturer in the world, but also Meta’s partner…
Smart contact lens startup XPANCEO announced it’s secured $250 million in Series A funding, putting its valuation at $1.35 billion and minting it as XR’s most recent unicorn. The funding…
Ahead of Google’s planned rollout of Android XR-equipped smart glasses, the company is reportedly making a $100 million investment in hardware partner Gentle Monster, the South Korean fashion eyewear brand.…
TDK, the Japan-based electronic component and software company, announced it’s acquired SoftEye, the US-based smart glasses hardware and software maker. TDK calls the acquisition of SoftEye a “key milestone in…
Vuzix, the veteran smart glasses maker, announced it’s secured a $5 million investment from Quanta Computer, the Taiwan-based ODM and major Apple assembler. The latest investment was the second tranche…
Saudi Arabia has taken majority share of the US-based augmented reality company Magic Leap, The Telegraph reports, widening the stake via its state-owned sovereign wealth fund with a deal amounting to $450 million. Citing…