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LetinAR logo — AR Optical System Provider

LetinAR

AR Optical System Provider

Founded 2016 Korea South Korea South 25 employees Series B Total: $10.80B Hardware, VR/AR

General Information

Company Name LetinAR
Founded Year 2016
Location Korea South Korea South +1
Employees 25
Industries Hardware, VR/AR
Funding Stage Series B
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About LetinAR

LetinAR is a South Korea-based startup striving to revolutionize the Augmented Reality (AR) landscape by providing innovative AR Optical Systems. Founded in 2016, the company has garnered attention for its cutting-edge "PinMR™" lens technology, which addresses the limitations observed in traditional optical systems used in AR smart glasses. The recent KRW8.00B Series B investment on 29 December 2020, led by Global Brain, Naver D2 Startup Factory, and KDB Capital, underscores the confidence of notable investors in LetinAR's potential. LetinAR's optical solution, comprising the proprietary PinMR™ lens and a microdisplay from external partners, aims to enhance user experience significantly. By leveraging the "Pinhole Effect" and incorporating tiny mirrors into eyeglass lenses, the PinMR™ lens facilitates a wider Field of View (FOV), accurate color expression, and a simpler manufacturing process. Additionally, it addresses issues such as a bulky form factor and dizziness-inducing visuals, commonly associated with existing optical systems. Moreover, the company intends to supply the PinMR™ Lens as a complete module, offering a comprehensive solution for smart glasses manufacturers. By offering a unique and efficient optical system, LetinAR is poised to meet the growing demand for AR smart glasses that exhibit superior performance and user comfort. The recent substantial Series B investment underscores the strong market potential and technological prowess of LetinAR, positioning it as a promising player in the AR hardware industry.

Taxonomy: Augmented Reality, Smart Glasses, Optical System, PinMR™ Lens, AR Technology, Microdisplay, Wearable Technology, Innovation, Start-up, Optical Simulation, Technology Development

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 3
Investor Investor Investor
29 Dec 2020
Venture Round •••••• 1
Investor
06 Dec 2020
Series A •••••• 1
Investor
01 Feb 2019
Series A •••••• 5
Investor Investor Investor
•••• •••• 		31 Oct 2018
Seed Round •••••• 1 •••• •••• 16 Jun 2017

View All 6 Funding Rounds

FAQ About LetinAR

AR Optical System Provider
LetinAR was founded in 2016.
LetinAR is headquartered in Korea South.
LetinAR operates in the following industries: Hardware, VR/AR.
LetinAR has approximately 25 employees.
LetinAR has completed 6 funding rounds, raising a total of $10.80B. The latest funding stage is Series B.

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