WaveOptics closes $39 million investment to scale AR display technology

WaveOptics, a company that develops core optical components for augmented reality (AR) displays, has closed its “oversubscribed” series C round of funding at $39 million.

The Abingdon, U.K.-based startup announced the first $26 million tranche of its series C funding last December, and has now added a further $13 million to the pot, courtesy of Chinese electronics company Goertek, an existing WaveOptics partner, and Australian superannuation fund Hostplus. They join other investors in the round including Octopus Ventures, Robert Bosch Venture Capital (RBVC), Gobi Partners, and IP Group.