Home » Lynx Secures $4M in Series A Funding, Aims to Become “European Champion of Mixed Reality” – Road to VR

Lynx Secures $4M in Series A Funding, Aims to Become “European Champion of Mixed Reality” – Road to VR

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French XR hardware startup Lynx known for crowdfunding Lynx R-1 Mixed Reality HeadsetAnnounced today that it has secured $ 4 million in a Series A round led by social VR platform Somnium Space.

along with Somnium spaceParticipants in the latest funding round include what Lynx calls the company’s early supporters and “other investors involved in the AR / VR space, such as former Meta and Google engineers.” Is also included.

This brings the company’s total external funding to $ 6.8 million. Crunchbase Data, next $ 800,000 Kickstarter Campaign for R-1 Headset Back in late 2021, we achieved a $ 2 million seed round in early 2019. As part of the deal, Somnium Space founder and CEO Artur Sychov has joined the company’s board of directors.

Built on Qualcomm’s XR2 chipset, the Lynx R-1 combines a high-quality camera with a virtual reality display to deliver pass-through AR in addition to standard VR (also known as mixed reality), an early pioneer in this category. It has become. The headset also throws away the standard Fresnel lens in a new optical system called the “4x Reflection Refraction Freeform Prism”. This is said to go beyond what Fresnel can do today and slim down the size of the Lynx R-1.

“At Somnium Space, we truly believe in the future of open, decentralized Metaverse that empowers our users. This includes not only software, but also critical hardware,” said Somnium Space’s founder. And CEO Artur Sychov said. “The Lynx team, led by Stan, has created an extraordinary AR / VR device (Lynx-r) with openness in mind, which gives us all the way of thinking and interacting in this market category. It will change and revolutionize. We are very pleased to be able to support this company. Together, we believe we can push the limits and possibilities of the VR / AR industry. “

Founded in 2019, Lynx also has high ambitions for R-1 headsets. The consumer version is priced at $ 600 and the company aims to lead the way to the same product category that many established players will soon enter. Meta with Project Cambria Apple with a rumored headset, A code named N301 reportedly..

“We now have the opportunity to work with Lynx to create a mixed reality European champion, which is a user and developer desperately looking at the products of big tech companies and their closed ecosystem alternatives. Backed by a vibrant community of, “says Stan Larroque, founder and CEO of Lynx. “If the underlying platform, the door used to access it, remains in the hands of the same big company with a damaging business model, what’s the point of creating a European metaverse?” He said. I will add.

Since the design of the Lynx R-1 was completed, the company has also expanded its office in Paris and is currently conducting research and development on more than 200 square meters, establishing a new office in Taiwan.

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