Volvo Cars Tech Fund invests $ 2 million in optical and imaging spectrics

Volvo Cars Tech Fund invests $ 2 million in optical and imaging spectrics

The risk arm of Volvo Cars, a car manufacturer even synonymous with security, has invested in a technology for developing an optics and starting imaging that can be integrated into the windshield or windows of a car to deliver from Images with drivers and passengers.

 

Volvo Cars Tech Fund Tech has invested $ 2 million in spectralics of optics and imaging, funds that it will use to accelerate the development of its optical film that society says could make cars safer and provide a Best user experience. Although investment did not seem significant, the relationship with Volvo could be fruitful, especially if its technology is found in production vehicles.

 

Spectralics develops a vertical optical overlay, also called "multilayer thin combination", which can be integrated into the windshield or windows of a car. Spectralics says it creates a broader field of view and, crucially, a sense of distance - both necessary for an increased reality superposition.

 

Outside the vehicle, technology could also be used for smart glasses, optical systems and other head displays. This is the last sign that the overall reality and virtual reality exceeds games and consumer goods and in the vehicle. This is probably part of a wider change in automobile OEM distinguishing new cars not in power, but by user experiences and technology offers.

 

While AR / VR absorption in cars faced a number of bottlenecks, car manufacturers direct the investment pack in companies that develop this technology for cabin applications, such as notes. from Bassett Abigail for TechCrunch +.

 

If Volvo's investment in spectralics was not sufficiently reported, a spokesperson confirmed in TechCrunch that the giant of the Swedish car seeks to adopt this technology in its cars. "Spectralics is a good portfolio of a good portfolio and we believe that their technology has the potential to define a standard for the next generation of displays and cameras," the head of the TECH Fund of Volvo Lee Mae Ma in A declaration.

 

Spectralics is a MobilityXLAB alum, an accelerator in Götenborg, Sweden, and is also part of Drive-TLV, mobility hub to Tel Aviv which connects the startups with the investors of the automotive industry. The Volvo Investment Arm is one of the two initiatives since 2017 and has recently invested in a handful other Israeli startups, including MDGO, which develops accident detection sensors and a vehicle inspection technology developer. UVANCE.