June 16, 2016 | Israeli augmented reality startup Lumus Ltd., has raised $15 million in financing from Chinese investors. The investment was led by Shanda Group, a global private investment group, along with Crystal-Optech, a leading Chinese photo-electric component manufacturer. Based in Rehovot, Lumus develops high-end transparent near-to-eye displays for augmented reality (AR), mixed reality (MR) and smart eyewear. Lumus will use the funding to scale up production of its market-leading, patent-protected optical technology for the emerging consumer market. Lumus develops and sells transparent displays to companies working on developing consumer and enterprise AR solutions.
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