IDI Group is dedicated to helping companies realize their potential. It finds compelling and exclusive early-stage investments via their network. Its portfolio companies leverage the deep knowledge and expertise as well as industry relationships made available through the IDI Network. It also curates a selection of exclusive opportunities to its network of family offices, affiliates, and other LPs — all of whom play an active role in the portfolio companies' success.  The IDI portfolio grows out of the deals brought to us from partners and affiliates. Many of its affiliates have early or exclusive access to new investment opportunities in compelling companies.

IDI Group

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Anarock Global Partners is a special situations fund that focuses on asset-backed cash-flowing investments with equity-like upside.

Anarock Global Partners

Geenee

Geenee is an AI-based 3D Internet creator tool and infrastructure platform that transforms how people communicate, transact, and interact. Its full body-tracking SDKs apply proprietary machine learning, computer vision, blendshape-based avatar telephony, and web-based augmented reality (WebAR) to amplify human abilities. Geenee powers dynamic 3D AR, multiplayer gaming, e-commerce, blockchain-based collectibles, and experiential communication products for Fortune 500 firms across entertainment, sports, music, beauty, and CPG verticals.

<div>Geenee is a Computer Vision based AR platform developing spatial computing products that amplify human abilities. Geenee has developed patented web-based AR software, aNFT (augmented reality NFTs) and integrated advanced image and computer vision technologies to drive commerce. Geenee powers dynamic AR products for Fortune 500 firms, and empowers individual creators to monetize AR products from digital art to gaming through aNFTs. Digital ownership can now extend past the 2D internet and blend with the users’ physical environment, blurring the lines and giving NFTs a greater sense of legitimacy since they can now be displayed anywhere the audience is. - NFT’s need to be experienced in AR/VR to reach its potential as valuable assets.</div>

Powering digital transformation for businesses

Low-code Platforms

<div>Geenee AR is a no-code platform that offers NFT All Stars, a browser-based multiplayer AR game built for the metaverse, featuring characters from multiple NFT projects such as Nomad Blvd, Nouns, Non-Fungible People, Doodles, CloneX, and The Sandbox. The company also offers WebAR Builder that allows users to create AR experiences through the mobile browser using a drag-and-drop 2D interface and a 3D editor, with NFT integrations to share and monetize AR projects. Its WebAR SDK provides developers access to body tracking and face tracking capabilities to facilitate wearable avatars, digital garments, and avatar accessories. Geenee AR operates a subscription-based model, with a free version and paid plans starting at USD 99 per month.</div>

Metaverse Experience Platforms

Geenee AR is a low-code SaaS platform developing AR-based games and virtual try-on solutions for e-commerce products. The company's main offering includes patented web-based AR software that can be used to build AR apps using a drag-and-drop 2D interface along with advanced image recognition and computer vision technologies. The company targets brands, artists, and educators.

Technologies bringing about a new reality

Extended Reality

Geenee AR

Geenee AR combines Stable Diffusion generative AI with AR for text-to-image virtual fashion

<div>
 
 Geenee is a Computer Vision based AR platform developing spatial computing products that amplify human abilities. Geenee has developed patented web-based AR software, aNFT (augmented reality NFTs) and integrated advanced image and computer vision technologies to drive commerce. Geenee powers dynamic AR products for Fortune 500 firms, and empowers individual creators to monetize AR products from digital art to gaming through aNFTs. Digital ownership can now extend past the 2D internet and blend with the users’ physical environment, blurring the lines and giving NFTs a greater sense of legitimacy since they can now be displayed anywhere the audience is. - NFT’s need to be experienced in AR/VR to reach its potential as valuable assets.
 
</div>

<div>
 
 100ms is a live audio/video infrastructure that enables developers to build powerful live apps in hours. Its solutions enable users to create virtual events, fitness experiences and audio rooms, with its pre-built templates such as live shopping, gaming, virtual events, telehealth, game streaming, webinars, meetups, classroom, sales, and fitness. Furthermore, the features and functions offered by the privately held company’s infrastructure include private/public chats, dynamic role changes, recording with custom layouts, native mobile SDKs, fully customizable UIs, HD screen sharing, RTMP broadcasts, virtual backgrounds, waiting rooms, custom roles, raw track access for ML processing, extending with plugins, and playing music natively.
 
 
 
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100ms

<div>
 
 Amplication is an open-source development tool for developing low-code applications. The project is open-source, provides TypeScript & Node.js source code for customization, has built-in version control, offers the freedom to generate code, facilitates app deployment with Docker, provides a role-based access control model, generates React admin UI, a command-line interface, and it syncs with GitHub and is cloud-agnostic. Amplication generations a self-documenting GraphQL API, production-ready REST API and integrates with external services through custom code or webhooks. Headquartered in Israel, the company is privately held.
 
 
 
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Amplication

<div>
 
 Appsmith is an open-source low-code platform that enables developers to build, test, and deploy internal applications on top of their data. The platform offers pre-built components and application programming interfaces (APIs) for users to code business logic and connect with any database. The platform also offers more than 45 (as of July 2023) customizable widgets to create their UI using a drag-and-drop interface.&nbsp;
 
 
 
 
 The platform&rsquo;s open-source features enable users to sync to a git repository, reuse dev workflows, commit changes, review pull requests, and deploy with their own continuous integration and continuous delivery pipeline. The company is also active in launching new features and enhancements, introducing more than 180 new features across 2021 and 2022. As of June 2022, the company had almost 200 contributors and more than 18,000 stars on Github.&nbsp;
 
 
 
 
 Key customers and partnerships
 
 
 
 
 As of June 2022, the company&rsquo;s software was downloaded over 10 million times and used in more than 10,000 organizations including AWS, Bytedance, Tubi, Dropbox, and GSK.&nbsp;&nbsp;
 
 
 
 
 Funding and financials
 
 
 
 
 In June 2022, Appsmith raised USD 41 million in Series B funding led by global software investor Insight Partners. The company earmarked the funding to support further development of its software and launch a paid version with additional security features for enterprises.
 
 
 
 
 
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Appsmith

<div>
 
 Appcues offers a no-code platform that assists non-technical teams in analyzing and tracking product usage and publishing in-app tours, surveys, and announcements. It is a complete solution for measuring and improving product adoption. The platform’s use cases include enhancing user onboarding, improving feature adoption, collecting user feedback, making announcements, and obtaining insights. Appcues has served over 4,000 customers and reached more than 200 million end users. Furthermore, it integrates with popular analytics, email, and data software, including Salesforce, Hubspot, and Slack. The privately held company is trusted by thousands of businesses around the world, including Squarespace, Freshworks, Amplitude, and Yotpo.
 
 
 
</div>

Appcues

<div>
 
 Builder.ai is an AI-powered software development platform that empowers small businesses, entrepreneurs, and enterprises to build, run, and scale their software. The company’s solutions include Builder Studio, Builder Now, Studio Rapid, Studio Store, Cloud One, Cloud Control, and Cloud Wallet. It serves customers ranging from SMBs like bakeries in Riyadh to globally renowned enterprises such as BBC, Virgin Unite, NBCUniversal, Makro, Pepsi, the US Air Force, and Fujitsu. Headquartered in London, it is privately held with offices operating in Los Angeles, New Delhi, Singapore, Tokyo, and Dubai.
 
 
 
</div>

Builder.ai

Platforms that allow enterprises to develop all types of multi-purpose applications for internal and/or external use

Platforms that allow businesses to develop applications to be used in specific industries, or have specific purposes

Platforms that enable users to build integrations to third-party software to connect applications to data sources, cloud services and custom API end points

Platforms that provide low-code solutions for building AI and ML models, and data analytics among other data science related activities that are traditionally programming intensive

Offers solutions for building internal applications and automations for enterprises

Offers solutions for building enterprise-specific applications and automations

Many solutions enable users to leverage AI/ML for predictive analytics

<div>
 
 Geenee AR is a no-code platform that offers NFT All Stars, a browser-based multiplayer AR game built for the metaverse, featuring characters from multiple NFT projects such as Nomad Blvd, Nouns, Non-Fungible People, Doodles, CloneX, and The Sandbox. The company also offers WebAR Builder that allows users to create AR experiences through the mobile browser using a drag-and-drop 2D interface and a 3D editor, with NFT integrations to share and monetize AR projects. Its WebAR SDK provides developers access to body tracking and face tracking capabilities to facilitate wearable avatars, digital garments, and avatar accessories. Geenee AR operates a subscription-based model, with a free version and paid plans starting at USD 99 per month.
 
 
 Key customers and partnerships
 
 
 In April 2022, the company partnered with avatar creation platform Ready Player Me to create wearable AR avatars. Geenee AR partnered with NFT marketplace Mintable in September 2021 to enable monetization of AR creations, starting with 10 new AR NFT collectibles launched by UCLA Basketball player Jaylen Clark.
 
 
 
 
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Gather is a virtual space with web-based video calling capabilities, combined with a 2D pixel art-based map and characters that allow individuals to carry out natural conversations in a multitude of settings (office, university, etc.). The company was a part of the Y Combinator Summer 2019 cohort. The platform also offers private virtual meeting spaces with chat, whiteboards, document, and screen sharing features. Further, Gather also offers integrations with other enterprise applications, such as Slack, Google Calendar, and Google Docs. The company claims to have superior compatibility with spatial technology due to its natively built video conferencing system.It operates with a freemium subscription model that is free for up to 10 users, with paid plans starting at USD 7 per month for up to 500 people. The company also generates revenue for virtual conferences (free for up to 10 users), with paid plans starting at USD 3 per user per day.The company has a long-term vision for the metaverse to freely make work and educational opportunities available worldwide. In line with its vision, Gather has hosted over 20,000 virtual professional events, including academic conferences, job fairs, and professional societies (November 2021).Key customer and partnershipsAs of January 2024, the platform was used by over 1,000 teams, including notable enterprises, such as Y Combinator, Yelp, and Notion.Funding and financialsGather raised USD 50 million in a Series B funding round co-led by Sequoia Capital and Index Ventures in <a href="https://sp-edge.com/updates/6425">November 2021</a>. The fresh funds were expected to be funneled toward expanding its operations and business reach.Key competitors: None under the same stage.

Gather

Mytaverse offers a hardware-agnostic 3D metaverse platform that enables enterprises to digitally host a wide range of activities, such as meetings, conferences, training simulations, and tradeshows. The company also allows for the creation of branded metaverses in the form of functioning environments or digital twins. Mytaverse also provides support for CRM integrations and customer profiles, with support for 50 users on any given virtual world. Further, Mytaverse claims that its tech allows for the creation of photorealistic spaces.Key customers and partnershipsNotable customers included Nike, PepsiCo, Dolby and Dassault Aviation, among others.Funding and financialsIn April 2022, Mytaverse raised USD 7.6 million in a seed funding round led by Blumberg Capital. The funds were raised to accelerate product development, expand sales and tech teams, and further expand interactions with brands and support strategic partnerships. As part of the deal, David Blumberg (founder and managing partner, Blumberg Capital) and John Paul Milciunas (general partner, Baselayer Ventures) were expected to join Mytaverse’s board.

Mytaverse

Alta is the game studio that developed Township Tale, an open-world VR multiplayer game set in a medieval fantasy world. Users can engage in multiplayer experiences that revolve around a wide range of activities such as cooking, crafting, PvE, mining, blacksmithing, and carpentry. The game relies on procedural generation, a method to combine computer and human-generated content on a large scale for mass content creation as its key differentiator.The company generates revenue via 1) sales of its game on the Meta Quest Store, priced at USD 10 and 2) sales of in-game cosmetics, ranging from USD 10-80. Users can also show further support to the game devs via monthly donations of USD 10, with players receiving in-game currency (for the purchase of in-game cosmetics), exclusive in-game discounts and the ability to create a private PC server.In April 2024, the company disclosed that it was developing a dark fantasy-themed VR exclusive game, codenamed ‘Project 2’. Key customers and partnershipsAccording to data from MMO Stats, The company was estimated to have a total of ~850,000 players as of January 2024.Funding and financialsIn its most recent funding round (January 2022), the company raised USD 12.4 million in seed funding co-led by Makers Fund and Andreessen Horowitz. The round valued the company at USD 62 million and the fresh funds were expected to be used to expand its team, create new partnerships, and further develop its technology.

Alta

BitDegree is a cryptocurrency learning platform that offers Learnoverse, a gamified and interactive crypto learning metaverse powered by the blockchain, where users will be able to create their own avatars, collect NFTs exclusive to Learnoverse, explore a virtual world (CryptoDegree City) that is divided into topic-based districts with each building representing a specific educational course on crypto, earn tokens through learning, and eventually obtain crypto-degrees. Course creators will be able to purchase NFT land on the platform and create NFT buildings to represent their courses, and its novel tokenomics will allow instructors to earn from their courses without charging the user.Key customers and partnershipsIn September 2022, the company partnered with web3 mobile development infrastructure provider Mirror World to create a course about Web3 gaming within Learnoverse, and NFT platform Lympo, to enable creators to mint NFTs within Leanoverse.Funding and financialsBitDegree raised over USD 1 million in funding from Japanese/Singaporean venture investor Mistletoe in June 2022. The funds were raised to create innovative methods of learning blockchain, crypto, and Web3-related topics within Learnoverse.

BitDegree

Star Atlas is a space-themed metaverse gaming platform built on the Solana blockchain and Unreal Engine 5. The game allows users to interact, organize, and explore unknown regions in space, alongside joining factions and harvesting resources. The platform includes assets that are tokenized, which provides users ownership over these unique assets and enables them to generate income through these assets. Star Atlas' in-game economy and governance is run using its native currencies, POLIS and ATLAS, and, as of May 2022, the platform had nearly 100,000 players.In May 2024, the company announced that it would launch Star Atlas on mobile Android and iOS by the end of the year.The company also developed the SAGE Labs browser-based open-world game in August 2023, which focuses on deep space resource extraction and crafting.Key customers and partnershipsIn July 2023, the company partnered with blockchain indexer Hello Moon, aiming to bolster the scalability and robustness of Star Atlas real-time data handling capabilities, effectively replacing its proprietary in-house solution. Additionally, the company partnered with Web3 company MetaGravity in the same month to scale its concurrent player count on a single server to 30,000 from 5,000.Funding and financialsIn December 2021, Star Atlas received USD 3 million in funding from Animoca Brands in the form of a purchase commitment of Star Atlas NFT spaceships. The NFT spaceships sold to Animoca Brands were part of Star Atlas’ Galactic Asset Offering (GAO) and all the revenue from asset sales from its GAO was expected to be used to further develop the Star Atlas metaverse.

Star Atlas

Platforms that offer collaborative 2D and 3D environments for enterprise and education-related use cases

Platforms that facilitate entertainment-focused virtual events and concerts

Platforms that focus on multiplayer gaming experiences in virtual worlds

Platforms that focus on social interaction, experience creation, and virtual land purchases

Platforms that enable the creation of avatars that are used as digital identities in metaverse platforms

Platforms that offer virtual worlds for multiplayer social gaming experiences enable users to create experiences and conduct transactions (e.g. buying virtual land)

Some solutions in the gaming platforms segment use AI for non-playable characters (NPCs)

Some gaming and social metaverses are decentralized, with features such as play-to-earn and NFT minting

Social gaming and pure-play social platforms facilitate virtual land transactions using crypto

Most solutions in this hub use AR/VR for virtual events, enterprise, and social/gaming use cases

Virtual worlds and web3 are the primary enabling technologies for the metaverse industry

Work platforms offer virtual spaces for enterprise use cases

Geenee AR is a low-code SaaS platform developing AR-based games and virtual try-on solutions for e-commerce products. The company's main offering includes patented web-based AR software that can be used to build AR apps using a drag-and-drop 2D interface along with advanced image recognition and computer vision technologies. The company targets brands, artists, and educators.In <a href="https://sp-edge.com/updates/18921">May 2023</a>, the company launched improved virtual try-on solutions for brands. Key improvements made include 1) web-based body and face tracking for brands to integrate AR try-on directly to their ecommerce websites; 2) Embedded Ads, a feature launched in partnership with AudienceX to incorporate virtual try-ons into online advertising campaigns; and 3) Onsite Mirrors, an AR mirror for physical stores and live events.Other initiatives include the launch of “NFT-all stars” (<a href="https://sp-edge.com/updates/12840?industryIds=65">September 2022</a>), a multiplayer AR game built for the metaverse. The game integrates with the MetaMask wallet, allowing NFT owners to play as the specific avatars they hold in their wallets.The company offers freemium pricing plans, with paid plans ranging from USD 99-3,000.Key customers and partnershipsThe company has partnerships with enterprises including Amazon Aws, Plug and play, APSI Wifi, and Ignition. In <a href="https://sp-edge.com/updates/17686">April 2023</a>, Geenee AR partnered with no-code AI character developer platform, Inworld AI to bring generative AI avatars to AR. Further, the company also partnered with AI-enabled digital advertising platform, AUDIENCEX, to deliver campaign experiences for consumers using a WebAR platform.

Interplay Learning (Interplay) provides on-demand, interactive, and hands-on simulation learning courses for skilled trades, including HVAC, plumbing, electrical, solar, and facilities maintenance, through VR, mobile, and desktop applications. The learning courses also include simulated walkthrough videos where experts lead users through procedure guides methodically, with knowledge testing features and additional learning material such as wiring diagrams, equations, sample system configs, and charts at the end of each lesson. The platform also enables managers to track user progress.The company operates a subscription-based model with monthly packages for individuals (USD 54) and teams (USD 229), alongside a custom plan for larger organizations.Key customers and partnershipsNotable customers include Tesla and Rheem Manufacturing. Interplay’s customer usage rose by 445% YoY in 2020. As of February 2021, the platform had over 2,000 customers and 110,000 users across the US.Funding and financialsIn its last funding round (February 2021), Interplay raised USD 18 million in Series B funding co-led by S3 Ventures and Owl Ventures, the world’s largest venture capital firm focused on education technology. As part of the deal, Managing Director of Owl Ventures, Ian Chiu, joined Interplay’s board. The funds were raised to expand its offering to new markets and to accelerate its vision to combine immersive learning experiences with a human connection.

Interplay Learning

Switzerland-based WayRay develops holographic AR technology and hardware for the automobile sector. Its technology is used in head-up displays (HUDs) that project images into a driver’s field of vision to assist with navigation. Although its initial focus was on developing HUDs that can be purchased and installed in any vehicle, it has since pivoted to producing embedded HUD systems (i.e., hardware built into vehicles). WayRay’s HUDs are considered to provide a wider field of vision and combine data (location and mapping information) with vision data to generate images by projecting a laser beam through a Picture Generating Unit (PGU) onto a Holographic Optical Element (HOE).&nbsp;In <a href="https://sp-edge.com/updates/18537">May 2023</a>, WayRay announced integration of its AR displays into Tesla Model 3's in Switzerland, with plans to follow shortly afterwards in the US. Previously, in September 2021 the company launched its deep reality system that replaces the traditional car dashboard. In addition, WayRay launched “The Holograktor” dubbed the first “metaverse on wheels”, which can be driven conventionally or using a remote control via a 5G and satellite connection (November 2021).&nbsp;The company’s founder and CEO, Vitaly Ponomarev, identified that its systems are more advanced, backed by more patents, and potentially 20x smaller than comparable devices in the market. WayRay’s HQ in Switzerland also acts as a product design and development hub, while its R&amp;D center and prototyping factory are based in Russia.&nbsp;Key customers and partnershipsThe company is backed by strategic investors such as luxury automaker Porsche, which highlighted the management’s expertise in space engineering, hardware, and software development as key reasons for its investment, Hyundai Motor Co., and Alibaba. It is also notable that these investors, particularly Hyundai, are looking at ways to potentially use WayRay’s technology to offer more services in the future. For instance, Hyundai believed that the technology could be used for smart cities and smart buildings, which are its new areas of interest.WayRay partnered with Karma Automotive, a producer of luxury electric vehicles, in December 2021 to support the implementation of its HUDs into their test fleet. Moreover, it partnered with a leader in designing and manufacturing specialty glass, AGP eGlass, in September 2021 to further proliferate its technology.&nbsp; Funding and financialsIt was reported in April 2021 that the company is considering a public listing at a USD 2 billion valuation via a SPAC, although no further updates on this have been announced as at January 2024.&nbsp;

WayRay

AmazeVR initially focused on developing VR technologies but pivoted to VR concerts in late 2019. The concerts are backed by proprietary 9K cameras and software that automate complex VR concert visual effects that run on more than 100 headsets simultaneously. Users join and hang out with other users as avatars while experiencing VR concerts. It intends to bring VR concerts by major artists to theaters and eventually, homes.AmazeVR rolled out its first commercial VR concert, which will feature 3x Grammy winner Megan Thee Stallion, in 2022. The artist is expected to tour select AMC Theaters across the US. It is also in the final stages of closing deals with its second and third artists. AmazeVR also revealed plans to release weekly content by 2024 in theaters and for at-home viewers.In <a href="https://sp-edge.com/updates/20145">July 2023</a>, AmazeVR launched its official AmazeVR Concerts app, featuring an exclusive VR concert from Swedish pop star, Zara Larsson. The app is available on major VR app stores, and the exclusive Zara Larsson VR concert can be accessed for a year at a launch price of USD 6.99. AmazeVR also produces and monetizes VR content on a subscription basis.As of August 2023, the company was in the process of producing and releasing mixed reality concerts by overlaying virtual elements onto live, real-world video.Funding and financialsThe company’s most recent funding was in <a href="https://sp-edge.com/updates/13338">September 2022</a>, when it raised USD 17 million in a Series B funding round led by Mirae Asset Capital. The fresh funds were allocated to expand partnerships with artists, artist management companies, labels, publishers, and agencies.

AmazeVR

Dispelix, based in Finland, designs and manufactures single-layer, full-color waveguide displays, a thin (about 1mm) transparent element that takes in a projected image and relays it to the eye, using a nanophotonics-based approach catering to AR applications (e.g., smart glasses). It uses laser beam scanning technology to render laser-sharp images with a gamut of color palettes, which are displayed using beam-combiner technology. Its patented and proprietary approach includes diffractive surface relief gratings, which are elements used for high-power laser applications, fabricated on high refractive index glass wafers that enhance field-of-view and image quality.The company had a total of more than 40 granted or pending patent families as of November 2021. Its product line, Dispelix DPX, includes Dispelix DPX - Ohut, Dispelix DPX - Selva, and Dispelix DPX - Sade with a varying degree of field of view, form factor, and weight. According to Co-Founder and CTO Juuso Olkkonen, its displays are the lightest and thinnest in the market.Key customers and partnerships1) Foxconn and Pegatron: to create reference designs for AR glasses based on its Selvä waveguide display (October 2023)&nbsp;2) VividQ: created a “waveguide combiner” which accurately displays variable-depth 3D content in a user’s environment (January 2023)3) ColorChip and Maradin: To further Light Beam Scanning (LBS) solutions for AR glasses (October 2022)4) Jade Bird Displays: To develop multiple reference designs for AR devices (June 2022)5) AAC Technologies: To improve waveguide displays for the AR and MR industry (March 2022)6) OQmented: for the development and commercialization of MEMS-based LBS technology (November 2021)7) Coretronic: To develop a range of AR optical module solutions (December 2020)8) Hoya Corporation: To improve quality of waveguide displays (November 2020)Funding and financialsIn its most recent funding round (November 2021), Dispelix raised USD 33 million in a Series B funding round co-led by Atlantic Bridge, CCB Trust, and Flashpoint with participation from Lifeline Ventures, VTT Ventures, and 3M Ventures. The funds were allocated to product development. It revealed that several OEM customers were slated to integrate its technology into their consumer offerings by 2023.

Dispelix

DigiLens is a developer of holographic waveguides, which is a clear, thin piece of glass or plastic, used for AR devices. In January 2023, the company launched ARGO, an XR smartglass designed for enterprise and industrial use, the first AR device to utilize Qualcomm’s SnapDragon XR2 platform. Other specifications included 6-degrees of freedom (6-DoF) tracking, a 30-degree field-of-view, spatial audio, a 48MP RGB camera, voice and gaze recognition, access to real-time data visualizations, and a 2,500-nits HD display.&nbsp;The company’s first product, the DigiLens Crystal was introduced in 2019, was a thin-film laser-etched photopolymer embedded with microscopic holograms of mirror-like optics. By projecting a micro display to one end of the lens and another set of optics working to guide the light wave toward the eye, this proved to be an ideal piece of hardware for AR devices, which are preferred with as little hardware as possible.&nbsp;It claims that its patented optical platform and photopolymer technology coupled with a holographic copy manufacturing process enable it to produce cheaper and more scalable solutions. In <a href="https://sp-edge.com/updates/17598">April 2023</a>, the company announced the launch of SRG+, a surface relief gratings product that improves upon its waveguide technology.The company generates revenue by licensing its technology across a range of industries including the automobile, enterprise, consumer, avionics, and military sectors. DigiLens also offers a white-label solution for automotive companies whereby it creates holographic waveguides for windshields that could offer in-cabin experiences for drivers.&nbsp;&nbsp; Key customers and partnershipsKey partnerships include that with1) Phantom Technologies: - Phantom Technology: To integrate Phantom's CASSI Spatial AI assistant into the DigiLens ARGO glasses, providing features such as spatial search, a contextual assistant, and task management using voice commands (October 2023)2) Wisear: To integrate its neural interface-powered earphones with the ARGO smart glasses (May 2023)3) Mojo Vision: To utilize Mojo Vision's micro-LED technology to build improved AR glasses (May 2023)4) Taqtile: To integrate the company's ARGO smart glasses with Taqtile's AR work platform, Manifest (May 2023)5) OMNIVISION: To develop new XR product offerings (January 2023)Other partnerships include that with OMNIVISION (January 2023), a leading global developer of semiconductor solutions to develop new XR product offerings. OMNIVISION’s liquid crystal on silicon (LCOS) panels allowed DigiLens to build LCOS/LED projectors optimized for its holographic waveguides. OMNIVISION's core camera technology provides DigiLens' devices with features such as visual odometry and six degrees of freedom.&nbsp;DigiLens also works with Taiwanese licensed waveguide manufacturer Young Optics, Chinese original design manufacturer and electronics supplier Malata, Korean display manufacturer Sekonix, international technology company Continental, Chinese optical elements manufacturer Crystal Optech, and Mitsubishi Chemical.&nbsp;Funding and financialsIn April 2022, DigiLens announced the second close of its Series D funding round (intiial close in November 2021) in which it raised USD 50 million at a valuation of USD 530 million. The funds were allocated for the development of DesignV1, its second-generation product.

DigiLens

Companies developing XR headsets and relevant sub-components (displays, sensors, and processors). Also includes complementary XR hardware (tracking devices, haptic vests, and gloves)

Companies offering engines that enable the development of AR/VR content, also includes companies offering capabilities to capture and create 3D images for immersive environments

Companies offering AR/VR solutions or toolkits for specific industry applications, including VR game developers

Companies offering location-based AR/VR experiences

AR/VR platforms offer remote assistance to field experts and headset manufacturers facilitate virtual work

Some solutions in the "content" segment are offered under a B2B SaaS model

Headsets and content segments provide the building blocks for the metaverse

AR, VR, and MR are the primary enabling technologies for the XR industry

Geenee AR

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