Sunday, July 7, 2024
HomeChina China-Based Optix Secures $15 Million in Funding

[FUNDING-NEWS] China-Based Optix Secures $15 Million in Funding

Optix, an XR tech business based in Beijing, China, has raised $15 million in funding. Primavera Venture Partners led the round. Lanchi Ventures, an existing investor, took part as well. The money will be used by the business to increase operations and development initiatives.

Optix, an XR tech business based in Beijing, China, has raised $15 million in funding. Primavera Venture Partners led the round. Lanchi Ventures, an existing investor, took part as well. The money will be used by the business to increase operations and development initiatives.

It is a startup and CEO-led company that creates optical technologies and provides cutting-edge solutions for AR and VR goods.

Read also – Israel-Based XTEND Secures $40 Million in Series B Funding

It focuses on AR waveguide technologies, including as geometric waveguide, SRG waveguide, and VHG waveguide, as well as in-house designed and manufactured VR pancakes. The business set up its own production line and laboratory.

Read also – Israel-Based Token Security Secures $7 Million in Seed Funding

Shortly after Apple debuted the Vision Pro, their first headgear, in June 2023, Optix released their VR Pancake optical module, which boasts 8K binocular resolution.

Commenting on the news Gary Yan said: “Our goal is to provide the ultimate optical experience, and to create outstanding AR and VR products in collaboration with world-leading customers and industry partners.”

About Optix

OPTIX is a leading developer of optical technologies and provides state-of-the-art solutions for the upcoming AR and VR products.

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular