GERMANY – OQmented, an Itzehoe, Germany-based company which specializes in MEMS-based AR/MR display and 3D sensing solutions, raised $20M in Series A funding.
The round was led by Sharp2, Salvia, and Vsquared Ventures.The company intends to use the funds to hire several key employees and strengthen its business development team for access to the US and Asian markets.Founded in 2018 by Thomas von Wantoch and Dr. Ulrich Hofmann, OQmented enables tech companies and eyeglass manufacturers to build wearable Augmented or Mixed Reality glasses. To that end, the startup develops ultra-compact MEMS-based light engines, utilizing laser beam scanning. This technology offers advantages such as lower power consumption, smaller size, higher brightness & contrast and display performance. The company has a team of around 80 people with five offices globally.27/03/2023
