Official press releases from Distance Technologies or Google Ventures, and financial news outlets

Distance Technologies Raises $11.2M (€10M) Led by Google Ventures for Glasses-Free Mixed Reality

Sep 27, 2024, 08:29 AM

Distance Technologies, a Finland-based company, has raised $11.2 million (€10M) to further develop glasses-free mixed reality applications for enterprises. The funding round was led by Google Ventures, marking its first Finnish investment. Distance Technologies is pioneering the use of contextual AI in mixed reality, aiming to advance the technology for various industries, including defense and aerospace.