Merilampi represented Atlantic Bridge in the deal.
Dispelix, the technology leader for extremely lightweight single-layer waveguides and see-through displays for Augmented Reality(AR), announced it has closed a $33M Series-B round led by Atlantic Bridge alongside new investors CCB Trust and Flashpoint. All existing investors including Lifeline Ventures, VTT Ventures, Finnish Industry Investment and 3M Ventures participated in this round, bringing the total funding to date to $50 million.
Dispelix is a global leader in waveguide design technology. Dispelix designs and manufactures the best diffractive single layer, full color waveguide displays in the world. Its patented DPX waveguides unlock freedoms in AR design with unmatched image quality, performance and efficiency. Led by the world’s most sought-after experts in optics, photonics and manufacturing, Dispelix powers AR experiences that push boundaries. Dispelix is located in Finland, China, Taiwan with US headquarters in San Francisco.
Atlantic Bridge is a global technology growth firm with assets of more than EUR 1.2 billion in seven different funds. The company invests in technology companies in both Europe and the United States. Atlantic Bridge supports their portfolio companies to scale internationally through its globally operating platform.
The financing round attracted a lot of interest and Dispelix was able to choose the most beneficial one from the investors. Finally, Atlantic Bridge stood out both in terms of its expertise and its networks.
The Merilampi team included Antti Kahri (Picture) and Niko Kolsi.
Law Firms: Merilampi Attorneys Ltd.;
Clients: Atlantic Bridge;