AR Optical Module Supplier Nederlander Gets tens of millions of PreA Financing
On August 9th, AR optical module supplier Beijing Nadejia Display Technology Co., Ltd. announced that it had secured tens of millions of yuan in PreA financing. This round of financing was led by Lenovo Ventures and was completed earlier this year.
Neidejia was established at the end of 2015 and is mainly dedicated to the development of optical display modules used in AR glasses. In April 2016, Neidejia launched the third generation of ultra-thin AR free-form optical waveguide module, which has a 30° viewing angle and can output 720P image resolution. In January this year, Nedega exhibited a new model of 40° viewing angle at CES, and launched a new product with a 45° higher angle of view in May this year. Domestic AR hardware makers such as Shin-Feng Taiwan, Xie Jian Technology, and Lenovo’s daystAR used their optical solutions.
Dr. Cheng Dewen, founder and CEO, said: "This round of financing will be mainly used for the core technology research and development, product line construction and channel promotion of AR optical modules. In the next two years, Nederlander will also launch the 'Two Billion Plan' and invest 1 Billion-dollar construction of the core product line of AR products will significantly reduce the production cost of AR core products; let 100 million people use AR glasses products to integrate and change people's lives.
Ndejia founder and CEO Cheng Dewen graduated from the Northern University of Technology and studied at the School of Optics at the University of Arizona. He is currently a professor and doctoral supervisor at the Institute of Optoelectronics, Beijing Institute of Technology. Co-founder Hou Weihong served as chief manufacturing officer (CPO) of the company responsible for mold design, processing technology, and industrial chain management. In the 1990s, it became the first batch of solid state manufacturing processes for product design, mold design, and mold numerical control processing in China. †Senior Craftsman. Several other founders are from domestic famous universities such as Tsinghua University, Renmin University of China, and Huazhong University of Science and Technology, and have served in government administration departments, research institutes, and Fortune 500 companies for many years.
In November 2015, Naidea was awarded an angel round of financing.
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