Date Announced: 27 Jul 2020
Startup aims to revolutionize the personal computer audiovisual experience.
Redwood City, CA, USA — Brelyon, a deep tech display startup, hasannounced it has completed a $1.6 million seed round of financing. The funding will be used to put its immersive displays into the field and engage pilot users, including financial traders, teleworkers, and competitive gamers.
Brelyon displays create a set of beams that converge toward the user, rendering a massive virtual panoramic image that is orders of magnitude larger than the physical size of the device. E14 Fund, the venture fund affiliated with MIT Media Lab, led the investment round with participation from Propelx and several angel investors.
“Brelyon’s unique offering both enhances workplace productivity and reduces costs associated with deskspace. It’s well-timed with the rapidly increasing demand for display solutions that expand visual real estate and reduce space requirements for telework post pandemic,” said Calvin Chin, Managing Partner at E14 Fund.
“We believe employers will continue to modernize and simplify employee work stations - both for use onsite and at home. Brelyon’s immersive display is a powerful solution for the finance industry in particular, as it can replace massive multi-monitor setups by providing virtual monitors. We are excited to support them as they build a great company in an exciting category.”
The seed financing builds on an exceptional year for Brelyon, which saw the development of several proof-of-concept prototypes, key executive appointments, and market momentum as a replacement solution for multi-monitor displays in areas like finance, gaming, teleoperations and work-from-home. Brelyon appointed engineering and marketing veterans from MagicLeap, Meta and IMAX to the team.
“We’re doing something nobody has ever seen before; we are creating a virtual panoramic experience without the need for projectors or headsets for the first time,” said Brelyon Chief Executive Officer Barmak Heshmat. “Having the guidance and financial support of E14 Fund and our other investors will help us execute our vision with the right partners and access to a top notch pool of talent.”
Web Site: www.brelyon.com