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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
Employees 25
Industries Hardware, VR/AR
Funding Stage Series B
Social

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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.

Business keywords: 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 KRW8.00B 3
Global Brain Naver D2 Startup Factory KDB Capital
Global Brain, Naver D2 Startup Factory +1
29 Dec 2020
Venture Round Undisclosed 1
EPSON X Investment
EPSON X Investment
06 Dec 2020
Series A KRW2.00B 1
KB Investments
KB Investments
01 Feb 2019
Series A $3.60M 5
Kakao Ventures DSC Investment Platinum Technology Investment
Kakao Ventures, DSC Investment +3
31 Oct 2018
Seed Round KRW700.00M 1
Naver
16 Jun 2017
Seed Round KRW100.00M -
21 Dec 2016

LetinAR Alternatives & Competitors

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LetinAR vs
WaveOptics (Snap Inc)
WaveOptics (Snap Inc) United Kingdom

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LetinAR vs
RideOn
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LetinAR vs
Augumenta
Augumenta Finland

Smart Solutions for your workforce with Tailored AR Experiences

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FAQ About LetinAR

AR Optical System Provider
LetinAR was founded in 2016.
LetinAR is headquartered in Korea South.
LetinAR operates in Hardware and VR/AR. Its work centres on Augmented Reality, Smart Glasses, Optical System and PinMR™ Lens.
LetinAR has approximately 25 employees.
LetinAR has completed 6 funding rounds, raising a total of $10.80B. The latest funding stage is Series B.
Top alternatives and competitors to LetinAR include WaveOptics (Snap Inc), RideOn, Augumenta, Upskill, Magic Leap. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
LetinAR and WaveOptics (Snap Inc) are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for LetinAR, https://bouncewatch.com/company/letinar, updated 12 September 2024. When citing, please name BounceWatch and link this page.

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