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Money is Tight But…

5/12/2023

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Money is Tight But…
​

​Remember AR & VR?  Just a few months ago, the media was full of images of folks in VR headsets, gesturing in the ether, or wandering through animated worlds where you could be anyone you wanted.  That was until AI came along and the tech ‘concept of the week’ shifted.  While those who have nano-second attention spans and feel they can trust just about anything that is posted on social media that has a cool picture attached, are satisfied to flit from one tech topic to another on a weekly basis, most investors have a longer timeframe (at least some), particularly VCs.  Although VC investments are down this year, there are certain areas where early-stage capital is available, and while the Chinese economy has been relatively weak, it seems funding for AR/VR and some associated components is still available, perhaps in smaller does, but still available in the AR/VR space.
Here are a few that have been completed recently:
MojoVision (pvt) - $22.4m – US - MojoVision is developing high-density Micro-LED displays for AR/VR.
VueReal (pvt) - $10.5m – Canada – Micro-LED (high-density) displays.
Thunderbird Innovation (pvt) – $14.5m – China – AR headset developer backed by TCL (000100.CH)
Pimax (pvt) - $30m – China - Primary supplier of VR headsets.
Maiyun AR - $?? – China – Micro-LED design and transfer solutions.
Suzhou Lilong Semiconductor (pvt) - $15m – China – Display driver ICs and Micro-LEDs
 
 
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