Metalenz Closes $30M Investment Round

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Metalenz has raised $30 million in Series B funding.

Oct 14, 2022, which makes flat, “meta-optic” lenses for 3D imaging and sensing – like those used in facial recognition – that are incredibly compact and multifunctional, just closed a $30 million venture funding Series B round and is shipping product to some “household names” in the mobile device game.

It’s a potential step forward for mobile imagining all the same. Devlin noted that the technology isn’t small for size’s sake. It can fit into model designs that the cameras in current phones couldn’t fit into. In thinking of where screen designs have gone, that could mean getting over a big hurdle keeping the hole punch, notch, or Apple’s “Dynamic Island” around.

Of course, that will only happen if Metalenz is able to appeal to device makers, making this round of funding and the latest shipments crucial for the company.

 

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