Pixelligent Technologies LLC (Baltimore, Maryland) has secured $38 million in non-dilutive growth capital backed by its intellectual property portfolio. The capital was provided by a funding vehicle managed by MVolution Partners LLC and facilitated by insurance and valuation services provided by Aon. This additional growth capital brings the company’s total funding in this round to over $45 million, including equity capital from its strategic and financial shareholders.
Within the project secureAR (funded by the Federal Ministry of Education and Research), a cross-industry and open cloud-based service platform with open industry interfaces is being developed. Within secureAR, the Fraunhofer Institute for Organic Electronics, Electron Beam and Plasma Technology FEP (Dresden, Germany) is researching a novel hardware platform that is used in an innovative AR assistance system for the location- and situation-specific provision and visualisation of data in different industrial scenarios. This hardware platform will be presented at electronica 2022, from 15-18 November 2022, in Munich, Germany, at the Fraunhofer joint booth B4.258, in Hall B4.
LG Display (Seoul, Korea), a global leader in display technologies, has teamed up with world-renowned Royal College of Art (RCA), London, to host the ‘Luminous’ art exhibition based on OLED technology at the Old Street Gallery in London from 28 September 4 October.
