Metalenz Raises $30M in Series B Funding

metalenz
A 12-inch wafer made using standard semiconductor processes contains thousands of metasurface optics.

Metalenz, a Boston, MA-based provider of metasurface optics for high-performance 3D sensing solutions, raised $30M in Series B funding.

The round was led by Neotribe Ventures, with participation from Foothill Ventures, M Ventures, Intel Capital, Osage University Partners, TDK Ventures, 3M Ventures, Global Brains, SG Innovate, Baidu Ventures, Hegemon Capital, and Braemar Ventures.

The company intends to use the funds to meet the demand for its existing 3D Sensor metasurface optics while simultaneously accelerating the market introduction of its new polarization sensing solution, PolarEyes.

Led by CEO Rob Devlin, Metalenz provides 3D sensing solutions for consumer electronics, automotive and industrial robotics markets. The company’s metasurface technology provides complex, multifunctional optical performance in a single semiconductor layer, relocating large-scale production of optics to semiconductor foundries—printing lenses like computer chips. Built on research from the Capasso Lab at Harvard University, with worldwide license to foundational IP relating to metasurfaces, Metalenz has 20+ patents on innovations that simplify and improve optical devices.

FinSMEs

13/10/2022