InfinityAR Receives $18 Million in Financing to Focus on AR Fields

Baidu VR original manuscript, reproduced please indicate the source

A man turned his smart glasses and his world into a virtual “real society” that enhanced the virtual reality. He looked out of the window and saw that a weather application was “raining” on his hands. After a while, the weather was again The rain turns to a heavy rainstorm. The precipitation covers 30% of the entire city. When you look at it, you find that you are hungry and you are looking for a meal in a restaurant. Your eyes jump out of all the nearby food recommendations.

Augmented Reality (AR) Technology

When you think about what you are doing in your mind and use your fingers to draw a “virtual object” on the sky, your “wish will come true”. Perhaps this is what our future life looks like. A group of companies are silently taking on the burden of leading the future of technological development. InfinityAR is one of them.

InfinityAR, an Israeli augmented reality (AR) company, has recently completed a financing of 18 million U.S. dollars, of which Alibaba received a bet of 15 million U.S. dollars and Japan’s Sun Corporation (mobile game company) invested 3 million U.S. dollars. In addition, Moshe Hogeg and the Singulareteam Fund (New Zealand Investment Fund) also participated.

Israeli augmented reality company InfinityAR

On April 10, 2015, the company completed a $5 million Series B round of financing. InfinityAR leveraged this round of financing to leverage Sun's extensive mobile game development experience in Japan and InfinityAR to bring augmented reality (AR) technology to Japan. The market is well prepared.

At present, after the new round of financing, InfinityAR's estimated market value has reached 60 million US dollars.

InfinityAR is an AR engine developer specializing in the field of augmented reality. It has developed engine tools that can reduce the user's threshold for achieving augmented reality in terms of cost, processing power, and battery life. The engine uses two simple 2D cameras. Rather than depth sensors, it can reduce hardware costs. At the same time, the AR engine uses a passive camera instead of the mainstream active infrared sensor, which can reduce energy consumption. Finally, they use computer vision algorithms to reduce processing power. In addition, the company’s technology is said to also recognize gestures for complete and natural interaction between the user and the environment.

From the charm of augmented reality (AR)

InfinityAR Augmented Reality Technology is currently developing an SDK that allows virtual images to be superimposed onto real-world scenes. This technology can be used in training and retail, etc. With the continuous investment in augmented reality technology, including China, Japan, and the United States All other countries in the country have invested a lot of money. Some people claim that AR technology will affect our future lives and change the way people interact with the world.

Previously (November 18, 2015), InfinityAR filed an application with the Securities and Exchange Commission of the United States to terminate the company's stock market registration, and the terminal's report to the regulatory agency also caused the curiosity of many people in the AR industry. Until now, InfinityAR's approach has finally come to an end. Their purpose is to get away from the exchange's supervision, avoid sensitive areas of funds, and eventually raise more funds for the company. It was like Alibaba slammed InfinityAR with a huge US$15 million investment.

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