BRANDL TALOS advised Vienna-based start-up TriLite Technologies on the extension of its Series A financing round, bringing the total funding raised under the Series A financing round to over EUR 20m.
The extension was led by Continental’s Corporate Venture Capital Unit and an undisclosed global electronics supplier and included investments from existing investors APEX Ventures, B&C Innovation Investments GmbH and TEC Ventures.
TriLite develops ultra-compact display solutions for augmented reality (AR) applications, including the world’s smallest projection display, Trixel® 3. With their extensive industry knowledge, technical expertise and operational resources, the strategic investors will further accelerate TriLite’s go-to-market success. Their involvement confirms TriLite’s commitment to advancing its footprint in both the AR and automotive markets.
The BRANDL TALOS team consisted of Roman Rericha, Adrian Zuschmann and Lara Präthaler.