About WayRay
WayRay is a company based in Zurich (Switzerland) founded in 2012. WayRay has raised $98 million across 2 funding rounds from investors including Alibaba.com, Alibaba Group and Hyundai Motor Company. WayRay offers products and services including Holographic AR Display and Add-on Holographic AR Display. WayRay operates in a competitive market with competitors including DigiLens, EyeLights, CY Vision, Envisics and Brilliant Labs, among others.
- Headquarter Zurich, Switzerland
- Stage Minicorn
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Wayray Productions Limited
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$98 M (USD)
in 2 rounds
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Latest Funding Round
$80 M (USD), Series C
Sep 18, 2018
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Investors
Alibaba.com
& 10 more
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Employee Count
Not available
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Products & Services of WayRay
WayRay offers a comprehensive portfolio of products and services, including Holographic AR Display and Add-on Holographic AR Display.
Provides 3D AR images for vehicle windshields to improve driver visibility.
Enables AR on transportation and machinery for enhanced safety and navigation.
People of WayRay
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Funding Insights of WayRay
WayRay has successfully raised a total of $98M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $80 million completed in September 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in WayRay
WayRay has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Alibaba.com, Alibaba Group and Hyundai Motor Company.
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PE firm investing in China
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Sovereign wealth fund backed by Russian goverment and private equity firm focused on growth equities
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An investment fund is operated to foster Russia-Japan economic cooperation.
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Investor details for WayRay
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Investments & Acquisitions by WayRay
Investment portfolio details for WayRay
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Financial Statements - WayRay
Detailed financials for WayRay
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Wayray Comparisons
Peer comparison for WayRay
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Competitors of WayRay
WayRay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DigiLens, EyeLights, CY Vision, Envisics and Brilliant Labs, among others.
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Designs optical waveguide technology for HUD, AR and biometric applications
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HUD-based smart accessory for bikers
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Head-up displays for connected and autonomous vehicles are provided.
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Holographic augmented reality head-up displays are provided for data overlay.
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An AR-based open-source ecosystem is offered for developers and hackers.
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Detailed competitors of WayRay
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Latest news on Wayray
Complete news archive for WayRay
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Frequently Asked Questions about WayRay
WayRay was founded in 2012 and raised its 1st funding round 5 years after it was founded.
WayRay is headquartered in Zurich, Switzerland.
WayRay is a funded company, having raised a total of $98M across 2 funding rounds to date.
WayRay is developing holographic navigation systems for cars, using AR technology. Its AR technology can be overlaid into the vehicles windshield or any other glass surface and projects information virtually in front of the driver. Its Navion system offers turn-by-turn holographic navigation while adjusting according to the road environment via simultaneous localization and mapping. Also offers SDK for developing AR applications for cars. Earlier, the company was involved in connected cars space and developed an OBD dongle to track driving.
WayRay's top competitors include DigiLens, Brilliant Labs and CY Vision.
WayRay offers Holographic AR Display and Add-on Holographic AR Display.
WayRay has 11 investors. Key investors include Alibaba.com, Alibaba Group, Hyundai Motor Company, JVC KENWOOD, and Sistema.
The valuation of WayRay is $500M as of Sep 2018.