Leading Augmented and Mixed Reality Optical Display Developer Lumus Ltd. Raises $15M to Scale Expansion

RECHOVOT, Israel--(BUSINESS WIRE)--Lumus Ltd., a leading developer of high-end transparent near-to-eye displays for augmented reality (AR), mixed reality (MR) and smart eyewear, announced today that it has received $15 million of funding led by Shanda Group, a global private investment group, along with Crystal-Optech, a leading Chinese photo-electric component manufacturer. Lumus will use the funding to scale up production of its market-leading, patent-protected optical technology for the emer