WayRayAr/vr1 / 15Read in the appPitch deck
The deck, and the 2 rounds we watched WayRay raise afterwards, with the investors each report named.
WayRay was a Swiss deep-tech startup that specialized in holographic augmented reality (AR) technologies for the automotive industry. Founded in November 2012 in Moscow, Russia, the company moved its headquarters to Zürich, Switzerland, in 2014. WayRay was known for creating the world's first holographic AR navigation system for cars, aiming to enhance smart driving experiences. The company raised approximately $30 million in funding, with significant backing from Alibaba Group. Before its liquidation in August 2023, WayRay developed a range of holographic AR products, including the Navion aftermarket navigation system and an embedded AR display for new vehicles. They also provided a development framework for third-party developers to create AR applications. WayRay collaborated with major automotive manufacturers like Porsche and Honda, contributing to the integration of AR technologies in vehicles. Despite its closure, WayRay is recognized for pioneering advancements in automotive AR interfaces.
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What is in it
Each slide by what it argues. 15 slides against a median of 13 across the 1,712 decks we hold.
CoverCompetitionVisionTractionTeamProductMarketContact
What happened next
Series C$80M
Alibaba GroupChina Merchants Capital/ Hyundai MotorConsortium of Sovereign Wealth FundsJVCKENWOODPorsche
Reported by FinSMEs
1 / 15The deck itself
All 15 slides, each read for what it argues and set against the decks that raised at the same stage. The cover is shown here; the rest is read in the app.
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