Dispelix secures €12 million in Series A investment funding.

Finland Investments 02 November 2018
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Dispelix, an Espoo, Finland-based manufacturer of see-through displays for augmented reality, announced that it completed a series A investment round totalling €12 million ($13.7M).

The backing was provided by Lifeline Ventures, VTT Ventures, Finnish Industry Investment, 3M Ventures and an undisclosed investor.

Dispelix, led by CEO Antti Sunnari, was founded as a spin-out from VTT Technical Research Center of Finland based on science and research in optics and display manufacturing technology for the Dispelix products since 2011. The company is a producer of high performance Augmented Reality see-through displays from high-end industrial applications to mass-market consumer products, thanks to manufacturing scalability and the resulting price points.

In 2016, Dispelix raised €1.7 million from Lifeline Ventures and VTT Ventures.