SUNNYVALE, CA — Aug. 14, 2014: Trinity Capital Investment, a leading provider of venture loans and leases to emerging growth companies, recently provided a $5M venture line of credit to DigiLens, Inc.
The capital will finance increased production of the company’s DigiLens SBG4400 series, holographic digital mastering and copy machines, a toolset that for the first time enables cost effective and consistent precision printing of wide field of view waveguide optics, for a variety of augmented and virtual reality displays. In addition, the capital will be deployed to finance HUD working capital requirements for raw materials.
Trinity Capital Investment follows its 2013 investment in DigiLens to provide additional working capital to expand DigiLens’ manufacturing infrastructure. Having been awarded more than $15M of commercial and government contracts, DigiLens is engaged in an array of electro-holographic optical technology breakthroughs integrating nanomaterial science and optical software processing into its proprietary nanocomposite electro-optical materials.
With this venture loan, Trinity Capital Investment maintains their support of the groundbreaking technological advancements of DigiLens. Beginning with the development of the Switchable Bragg Grating (SBG), a revolutionary new electrically switchable holographic device, to their innovation and production of technology for everyday products.
About DigiLens, Inc.
DigiLens, Inc. is the leader in diffractive waveguide optic technology and nanomaterials for augmented and virtual reality applications, serving the aerospace, automotive, government and consumer electronics market. Leveraging a toolbox of optical IP cores, we develop unique optical solutions, performing “optical origami” on some of the toughest display and imaging applications. Our breakthrough technology platform and nanomaterials help deliver the best in class AR and VR displays.
More information about the company’s offerings can be found at www.digilens.com