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Atlantic Bridge

We represented Atlantic Bridge in the series B financing round of a Finnish startup developing augmented reality technology

Transactions and Finance
16.11.2021
We represented Atlantic Bridge in the series B financing round of a Finnish startup developing augmented reality technology

Merilampi represented Atlantic Bridge in closing total of EUR 28.4 million Series B funding round, together with new investors, CCB Trust and Flashpoint Venture Capital. All current investors, Lifeline Ventures, VTT Ventures, Industry Investment, and 3M Ventures, participated in this round for a total of EUR 43.2 million.

Atlantic Bridge is a global technology growth firm with assets of more than EUR 1.2 billion in seven different funds. The company invests in technology companies in both Europe and the United States. Atlantic Bridge supports their portfolio companies to scale internationally through its globally operating platform.

Dispelix is ​​an Espoo-based technology company founded in 2015 that develops single-layer waveguides and see-through displays, primarily focused on Augmented Reality (AR) applications. The next generation display technology of smart glasses allows the display to be integrated with thin virtual elements allowing visual information directly into the user's retina in high definition. In addition to Finland, Dispelix currently operates in China, Taiwan, and the United States.

The financing round attracted a lot of interest and Dispelix was able to choose the most beneficial one from the investors. Finally, Atlantic Bridge stood out both in terms of its expertise and its networks.

Read more:

HS Visio Article (in Finnish, published on 16 November 2021)

Atlantic Bridge News (published on 8 November 2021)

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