Metalenz Closes $30M Investment Round

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.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Accel and Quona Capital lead $18 million round into crypto investment appVenture capital firms Accel and Quona have led an $18 million round into Singapore-based crypto investment app Pillow. Interesting to see projects aiming to make DeFi accessible to everyday consumers via iOS and Android apps. These consumer-oriented projects will certainly contribute to the growth of the DeFi space and to bring the Web3 world to more people.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Somerset care home investment to help people who fallA £750,000 investment in equipment for a county's care homes includes inflatable 'lifting' chairs. What about investment to help people psychologically damaged by the “don’t kill granny” vaccine transmission propoganda!?!
Source: bbchealth - 🏆 143. / 63 Read more »