Alibaba leads $18 million round into augmented reality car nav startup WayRay

A day after Intel bought autonomous car technology provider Mobileye, Alibaba led an $18 million funding round into WayRay, an augmented reality car navigation startup. WayRay, based in Switzerland, builds heads-up displays for drivers, as well as fully augmented reality and virtual reality immersive systems intended for eventual use in self-driving cars. “At the moment, WayRay is...

Dirac+Research

Diraq Research Raises $4.8 Million to Build Superior VR Audio

Today, Swedish audio optimization company Dirac Research is announcing a $4.8  million round of fundraising. According to an official release, the funds were sourced from Henrik Didner, co-founder of the fund management company Didner & Gerge; Rami Yacoub, acclaimed music producer for Britney Spears, One Direction, Backstreet Boys, and others; Staffan Persson, CEO of Swedia Capital; and...

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