Itzehoe-based OQmented, a deeptech startup developing advanced MEMS mirror and laser scanning technologies, announced that it has secured $20M in a Series A round of funding.
The term “micro-electro-mechanical systems”, or MEMS, is a technology that can be described as miniature mechanical and electro-mechanical components (i.e., devices and structures), which are created using microfabrication methods.
Some of the MEMS products include accelerometers for airbag sensors, mics, projector display chips, blood pressure and tyre pressure sensors, optical switches, analytical parts like lab-on-chip, and biosensors.
Founded in 2018 by Thomas von Wantoch and Dr. Ulrich Hofmann, OQmented helps tech companies and eyewear producers to create fashionable all-day wearable Augmented or Mixed Reality spectacles.
In order to achieve this, the company creates ultra-compact MEMS-based light engines by scanning laser beams.
According to OQmented, its technology offers benefits such as better monitor performance, smaller size, higher brightness, and higher contrast. All of these are requirements for lightweight consumer AR glasses, suitable for outdoor use.
OQmented says it will use the funds to establish its laser beam scanning (LBS) technology as the key enabler for the first generations of consumer Augmented Reality glasses, long-awaited by the public and advertised by the major technology companies.
Additionally, the company is looking to onboard several key employees and strengthen its business development team for access to the US and Asian markets.
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