Thursday, February 13, 2014

Swisscom Ventures Back Lemoptix

Swisscom Ventures Backs Lemoptix To Put Micro-Projection Tech In Mobile Phones, HUDs And Wearables

Switzerland-based Lemoptix — which develops technology that enables micro-projectors to be embedded in mobile phones, automotive heads-up-displays, and low-powered wearable displays — has raised an undisclosed new round of funding from existing investors and new strategic investor, Swisscom Ventures, the venture arm of the Swiss telco.
Spun off from the highly respected Swiss Federal Institute of Technology in 2008, Lemoptix produces MEMS-based micro-projection technology to enable tiny, low powered projection displays to be embedded in mobile phones, HUDs and other wearables so that content can be displayed on a nearby surface or projected within the device itself, bypassing the typical limitations of physical displays. It then licenses this tech to partners and customers, supporting them through the initial development stages, prototyping, all the way to the industrialisation and production of new products.
Noteworthy, given the recent hype surrounding wearables and Google Glass, Lemoptix says it’s actively developing solutions and collaborating with industry partners in the area of wearable displays for smartglasses-type applications.

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