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Home / Tips and Tricks / Investors return Another AR Display Maker like LetinAR closes $ 3.6 million in funding «Next Reality

Investors return Another AR Display Maker like LetinAR closes $ 3.6 million in funding «Next Reality



Smartglasses and AR headset manufacturers like Microsoft, Magic Leap and Google (and ambitious AR wearables manufacturers like Apple and Snapchat) need to display components for their products, and LetinAR is among the companies ready to deliver these components. Korean startups have just closed a $ 3.6 million series. A financing round of cocoa ventures, Naver Corporation, DSC Investment, Korea Asset Investment Securities and Platinum Technology Investment, which allows the company to ramp up production.

Image of LetinAR / YouTube

LetinAR offers an innovative alternative to the current AR optical system, which typically projects and reflects images via waveguide optics. On the other hand, the company's PinMR lenses reflect light from a microdisplay directly to the users' students using mirrors that are smaller than the students and thus invisible to the naked eye while allowing natural light to allow users to see their

With this approach LetinAR can achieve accurate color rendering and a wider field of view within a form factor that enables manufacturers to design smart smart glasses.

"We have developed PinMR technology, a new method of overcoming technical barriers that have long been in the AR industry," says LetinAR CEO Jaehyeok Kim in a statement. "LetinAR PinMR optical solution has far more superior performance than existing counterparts. We believe that the PinMR lens will change the way people communicate in the short term."

The development of enhanced reality displays is a critical barrier to the development of consumer class smartglasses. AR monitors must be small enough to fit into a thin form factor that can produce high resolution and clarity content and produce at a low cost.