WaveOptics has created tech for augmented reality displays.
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WaveOptics raises $15.5 million for augmented reality displays

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

London-based WaveOptics has raised $15.5 million in a second round of funding for its augmented reality display technology.

The round was led by Gobi Ventures, Touchstone Innovations (with a $4 million contribution), Robert Bosch Venture Capital, and Octopus Investments. AR is expected to be a $83 billion market by 2021, according to tech adviser Digi-Capital.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.