November 4, 2021
November 4, 2021 – DigiLens Inc. (assisted by FLG partner Eric Mersch), an innovator in head worn holographic display and waveguide technology, today announced it has closed the first round of its Series D funding, raising $55m on a $475m pre-money valuation, in a round led by Samsung. Industry leaders joining Samsung Electronics in the funding round include Samsung Electro-Mechanics, Diamond Edge Ventures, the strategic investment arm of Mitsubishi Chemical Holdings Corporation, Alsop Louie Partners, 37 Interactive Entertainment, UDC Ventures, the corporate venture arm of Universal Display Corporation, Dolby Family Ventures, and others. A second close is scheduled to be completed near the end of 2021 to allow other strategic investors to join this definitive fundraising round.
Full release is here.