Dispelix secures €12 million in Series A investment funding.
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).
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.