TriLite Technologies, the developer of the world´s smallest display technologies for augmented reality (AR) devices, announced today that it has raised an undisclosed million dollars venture capital round led by Tech Icon Hermann Hauser via Hermann Hauser Investment GmbH and APEX Ventures.
Investment for TriLite
From ARM to AR „Trixel®“ – history repeats itself every few decades. Exactly 30 years ago UK-Tech-Icon and famous Cambridge Silicon Alley initiator Hermann Hauser was the Co-founder of ARM (joint venture of his company Acorn and Apple). Until today the tech giant ARM, which was snapped up by Softbank in 2016 for a record breaking 32 billion dollars, produces the famous „ARM chip“. An elementary processor chip which can be found in each and every mobile phone, tablet or laptop since 1990.
Now, 30 years later in still early 2020 the Austrian born Hermann Hauser and the Tech Startup TriLite Technologies today announced an undisclosed million Dollar investment. But what is TriLite and where is the connection apart fromHermann Hauser being involved in both companies?
Hermann Hauser Investment GmbH:
Hermann Hauser Investment GmbH is the venture capital branch within the I.E.C.T. group that manages the investments of Hermann Hauser in Central Europe. We offer other investors to become I.E.C.T. Capital Partner to co-invest in the deals we identify.