Thursday, June 16, 2016

Lumus raised 15 million the Israel why optical firm favored by the domestic

According to a TechCrunch report, Israel optical Lumus announced from the big investment and Crystal-Optech's $ 15 million series b financing. The company mainly produces the smart glasses of optical modules.

Waveguide Optics is one of the company's main technology components (Light-guide Optical Element waveguide), which means the images projected on to a special transparent screen technology, for use in smart glasses head. Currently Google AR smart glasses such as Glass optical modules are used in waveguide optics technology.

So why is it be welcomed by domestic capital?

"The highest level in the world"

First of all, this company is a world leader in technology, the domestic AR glasses OWL technology co-operation with Lumus, founder of Lei Feng Shi Xiaogang network said, the company should represent the world's highest level of waveguide optics technology.

Lumus has been in this industry for more than 10 years history, United States F-16 and A10 fighter pilot helmet-mounted optical modules are made of them.

Characteristics of the company's products is the lens is thin, small size, large field of view. Below is their latest product OE-32, 720p resolution, 40-degree field of view, transparency is greater than 78%, the thickness of only 1.6mm. In contrast, Google Glass display modules only 640x360 resolution, angle of view only about 15 degrees.

Lumus raised $ 15 million: the Israel why optical firm favored by the domestic capital?

The future of AR glasses: just like regular glasses

Lumus raised $ 15 million: the Israel why optical firm favored by the domestic capital?

Lumus introduced an official eyewear design reference

Though Lumus optical technology, but also very expensive, a pair of eyeglasses for $ 1500, which is why it stays in the commercial field.

But the company has been trying to enter the consumer market, and is in the process of expanding production has now increased from 200-300 per month to 1500 pieces per month, will be expanded in the future to thousands of pieces per month. Expansion of production scale is an important factor in cost reduction.

The company CEO Ben Weinberger on the TC said that this round has three objectives: to increase output expand the scale of research and development, increased commercial development.

Lumus hope into consumer market as early as 2018. Shi Xiaogang said optical modules to do smaller, thinner, smart glasses will be closer to normal glasses. But he thinks there is still too much, by 2018 will not necessarily be able to achieve the same as normal glasses.

Xiaolong Lumus IOU based intelligent technology are doing glasses, but have not decided whether mass production. Shi Xiaogang said because of high costs, and support communication is not very convenient. They expect the country to have an alternative plan.

Home also has similar Lumus products company, consonance LLL Beijing science and technology in April this year, for example, has released a 1.7mm thick optical module, with a field of view angle of 30 degrees, resolution 720P eyes, light transmittance more than 90%, but also suitable myopia lens. However, costs remain relatively high, although lower than Lumus is.

Why domestic capital into the Board?

Grand invest investment in Lumus is not difficult to understand, this VC is not an interview, but with the body of a small series of Lei feng has talked to investors, is very concerned about their AR/VR areas, and always aimed at smaller untapped excellence project. In the field they had voted in VR VR theme park of The Void, UploadVR VR vertical media and Game Studio s รณ lfar.

Lumus raised $ 15 million: the Israel why optical firm favored by the domestic capital?

Optical crystal transmission light engine-CVG29F02C, pictures from official website

Crystal-Optech's description of the event is "powerful alliances", it is easy to understand, the company is a leading provider of optical products company. Its products include the optical module for smart glasses.

In the view of Lei feng's network, optical crystal investment Lumus obviously focused on the company's technology, Lumus is wanted by each other to achieve mass production and lower costs, as well as channels for entering the Chinese market. Usually domestic advantage is in manufacturing and marketing. X-DORIA iWatch frame

To larger point of view, these companies are gambling outbreak of the AR market, although AR now fame is overshadowed by VR, but company optimistic about the AR field is still very much. Digi-Captial a forecast shows that by 2018 AR market will increase from 2015 16 times, to $ 3.6 billion.

iWatch Case

Light wind Tang Rongxing to summarize the article well enough:

Ali investment Magic Leap, Tencent invested Meta, a Grand cast Lumus, red flag all over the world, AR is the future, the future is in the hands of our soil trenches.

Lei feng's network (search for "Lei feng's network", public interest) Edit Bai Rong contributed to this article.

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