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Home / Tips and Tricks / Investors Support Another AR Display Maker While LetinAR Finishes $ 3.6 Million Financing «Next Reality

Investors Support Another AR Display Maker While LetinAR Finishes $ 3.6 Million Financing «Next Reality



Smartglasses and AR headset makers such as Microsoft, Magic Leap, and Google (and emerging AR wearables such as Apple and Snapchat) need display components for their products, and LetinAR is one of the companies that provide these components.

The Korean startup has just completed a $ 3.6 million financing round led by Kakao Ventures, Naver Corporation, DSC Investment, Korea Asset Investment Securities and Platinum Technology Investment, which will enable the company to start production.

Image of LetinAR / YouTube

LetinAR offers an innovative alternative to the current AR optical systems, which are usually images project via waveguide optics and reflect. In contrast, the company's PinMR lenses reflect the light of a microdisplay directly into the user's pupil by means of mirrors that are smaller than the pupils. As a result, the eye is invisible to the naked eye, while the natural light is visible so that the user can see its image

With this approach, LetinAR can achieve accurate color reproduction and a wider field of view within a form factor that allows manufacturers to design normal-looking smart glasses.

"We have developed the PinMR technology, a new way of overcoming the technical barriers that have long existed in the AR industry," said Jaehyeok Kim, CEO of LetinAR. "The LetinAR PinMR optical solution performs far better than existing ones, and we believe PinMR Lens will fundamentally change the way people communicate in the near future."

The development of augmented reality displays is a crucial hurdle for the development of class glasses. AR displays need to be small enough to fit in a slim form factor, to project content with high resolution and clarity, and to produce at a low cost.