Distance Technologies (Seed)
Funding Details
Awarder
SemiNews
Date Award
October 17, 2024
Vertical
Mixed Reality
Funding Amount
$10,000,000
Company Info
Traction
Distance first emerged from stealth at Augmented World Expo USA 2024 in June, showcasing a proof-of-concept for its first commercial product to industry acclaim. The technology is already under evaluation by several leading automotive OEMs and Tier-1 defense contractors.
Organizations Involved
Leading automotive OEMs, Tier-1 defense contractors, aviation companies
Founders
Urho Konttori
Market
Automotive, Aerospace, Defense
Location
Helsinki, Finland
Coinvestors
FOV Ventures, Maki.vc
Company Description

Distance Technologies seeks to develop glasses-free XR applications