Lingxi AR

Based in Beijing, Lingxi AR, legally known as Beijing Lingxi Glimmer Science And Technology Co., Ltd., is a developer of core optical display solutions for the augmented reality industry. Founded in 2014 by CEO Yu Zheng and COO Michelle Fang, the company has established itself as a key player in the AR component space. The founding team includes optics scientists from Peking and Tsinghua Universities, complemented by professionals with experience from companies like Google, Foxconn, and Samsung.

Lingxi AR specializes in the research, development, and mass production of optical waveguide modules, which are essential components for AR glasses. The firm's business model is centered on supplying these critical hardware components to other manufacturers, positioning itself as a foundational technology provider. Its clientele includes companies in consumer electronics, smart-eyewear manufacturing, military, industrial maintenance, healthcare, and security sectors. The company generates revenue by selling its optical modules and development kits to these business-to-business customers.

The company's core products are lightweight, transparent AR lenses that utilize optical waveguide technology. Lingxi AR has developed both array and holographic optical waveguide technologies. One of its key offerings is an AR optical waveguide module that is remarkably thin and weighs as little as 11.5 grams. The company produces modules with features like 1280x720 HD resolution and fields of view reaching up to 60 degrees. Lingxi AR also provides an AR glasses development kit equipped with a nine-axis sensor, which allows for direct connection to computers for 3D display rendering. This enables their clients to develop AR glasses that are comparable in size and appearance to conventional eyeglasses.

Since its inception, Lingxi AR has secured significant funding to fuel its growth and production capabilities. The first funding round occurred in 2017, with an A round led by Sequoia Capital China. This was followed by an A+ round in May 2019, led by Sunny V Fund and Zhongguancun Development Group. In March 2022, the company announced the completion of a Series B round, raising approximately $15.8 million (100 million yuan) from investors including SDIC, FIH Mobile Limited, and Tianjin Venture Capital. These financial injections have been directed towards enhancing the technology of optical waveguide modules, automating production lines, and scaling mass production to meet market demand.

Keywords: augmented reality components, optical waveguide, AR lenses, display modules, AR hardware, holographic waveguides, smart glasses technology, near-eye display, AR optics, Beijing startup, Yu Zheng, Michelle Fang, Sequoia Capital China, Sunny V Fund, AR development kit, consumer electronics, industrial AR, medical AR, security AR, military AR