Tech Company Financing Transactions
OQmented Funding Round
OQmented, based in Itzehoe Germany, scored $20 million in funding from Salvia, Sharp Corp and Vsquared Ventures.
Transaction Overview
Company Name
Announced On
3/27/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to hire several key employees and strengthen its business development team for access to the US and Asian markets.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
Fraunhoferstr. 3
Itzehoe Germany, 25524
DE
Itzehoe Germany, 25524
DE
Phone
Website
Email Address
Overview
OQmented is a company with offices in Germany and the United States that is developing fully integrated, ultra-compact MEMS-based laser beam scanning projection display systems for Augmented Reality devices and best-in-class 3D sensing solutions for mobile and stationary applications. We provide key technology for lightweight and stylish all-day wearable AR glasses with outstanding performance. Our products combine sophisticated MEMS mirrors with proprietary electronics and software. For long-term protection from environmental influences, we have developed a vacuum encapsulation technology which seals them hermetically. And we bring in the right expertise.
Management Team
Title
Name
Email & Social
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We document funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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