Morphotonics raises €40M to grow AR display tech
Morphotonics, a Dutch company making nanoimprint machines for AR glasses and optics, just raised €40 million. The funding will help them scale up production and move into data center optics. Backers include 3M Ventures, Innovation Industries, and the European Investment Bank. They've already doubled their staff to 60 since last fall. Their next machine, due early next year, should make over 6 million smart-glasses displays a year.
- Raised €40M from several European investors
- Plans to enter data center optics market
- Doubled staff from 30 to 60 in under a year
- New machine will make 6M waveguides yearly
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