Almer Technologies AG, a Swiss developer of Augmented Reality (AR) glasses for industrial applications, closed its Seed 2 funding round, raising CHF 4.5 million. This funding is poised to advance the development and production of their second generation AR glasses, the Almer Arc 2, and foster expansion into new markets.
Almer’s primary offering, Remote Assistance, provides on-site workers with expert guidance in real-time from anywhere in the world using AR glasses. During the last year the company successfully produced 200 units of the first Arc, and generated over CHF100.000 in pilot customer revenue.
The feedback from the pilot tests was accounted for in the design of the second generations glasses. Several changes make it more suitable for everyday use. For example, a brighter display and a sensor for ambient brightness make it easier to use the glasses outside buildings. A transition from a conventional nose-and-ear-based frame to a more ergonomic head-mounted design now allows all-day wear. Also, the camera repositioned to the center gives remote experts a firsthand view, significantly enhancing the troubleshooting process.
Official launch in Q1 2024
The new funding, sourced from strong industry partners and existing investors who reaffirmed their faith in Almer's vision by reinvesting, is set to be used to finalize the development and production of the second generation of Almer's AR glasses, the Arc 2. The start-up plans to start the production in Q4 and the official launch in Q1 2024. Existing pilot customers will receive the Arc 2 in exchange for the first version.
Sebastian Beetschen, CEO and Co-Founder of Almer, said, "We've successfully created a groundbreaking product in a remarkably short period. This Seed 2 funding enables us to refine the Almer Arc even more and significantly expand our production to meet the accelerating demand”.
(Press release / SK)
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