Corning Incorporated, a US-based speciality glass and ceramics maker, has led a $60m series E funding round for US-based View, a large-scale architectural glass maker. General Electric, a previous investor, also joined the round. Other investors include Khosla Ventures, Sigma Partners, and NanoDimension. Previous investors include DBL Ventures, The Westly Group and Reinet Investments. View has raised over $176.5m in venture capital in previous rounds, and a $4m grant from the state of Mississippi.
The series E funding is to support the development of dynamic glass technologies for exterior architectural applications: dynamic glass automatically transitions between clear and variable tint in response to environmental conditions and user preferences.
Dr. Jeffrey W. Evenson, Corning’s senior vice president and operations chief of staff, will serve on View’s board of directors.
Corning and View have also announced a strategic development agreement to advance View’s dynamic glass.
Martin J. Curran, executive vice president and innovation officer for Corning, said: “While dynamic glass has been in development for decades, we believe View’s unique approach will finally bring this technology into the mainstream.”
Dr. Rao Mulpuri, chief executive officer of View, said: “This relationship is significant not only because of the investment Corning is making in the success of View and dynamic glass, but also because of the benefits of shared brain trust and the potential to significantly advance the capabilities of both companies.”
View was founded in 2007, with technology developed at Lawrence Berkeley National Laboratory.