3i portfolio company Light Blue Optics (LBO), a developer of miniature projection systems, has announced a joint agreement to develop a range of display products with aerospace & defence company Thales. Under the agreement, LBO will provide Thales with engineering samples of their miniature projection system in a collaboration to produce advanced displays that meet the high-performance and demanding safety requirements of cockpit applications. LBO’s patented holographic laser projection technology delivers large, full-colour, high-quality video images in focus at all distances – even on curved or angled surfaces.
Also backing the biotech startup were the Zürcher Kantonalbank and Greencross Medical Science Corp
Company plans to use the fresh capital to further expand, develop new features and scale up its team
EVentures, 468 Capital and HV Holtzbrinck back the round for the climate change mitigation app
Clessidra has been in negotiations for the acquisition of the Italian wine producer since February 2020