OQmented Receives $20 Million Investment

OQmented, a Germany-based company, focuses on laser beam scanning technology for augmented or mixed reality glasses. The company has received $20 million in investment. Sharp participated in a round as a strategic investor through Sharp Devices Europe GmbH, along with other investors such as Salvia and Vsquared Ventures.

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OQmented

OQmented was founded in 2018 by Thomas von Wantoch and Dr. Ulrich Hofmann. It develops MEMS-based augmented/mixed reality imaging and 3D sensing solutions. The solution is claimed to have lower power consumption, smaller size, higher brightness and contrast, and a display performance suitable for 'outdoor' wear glass. They also state that they will offer their "lightweight engine" as a plug and play solution.

OQmented is excited about the acquisition of Sharp as a strategic investor with years of experience, as Sharp is one of the largest suppliers for displays and electronic devices. Their unique collaboration brings together their immense know-how, helping them to offer customers an integrated solution. Integrated MEMS, electronics and laser technologies combined with lightweight motors. This strengthens their key position in the augmented and mixed reality market.