SigmaSense, a US-based touchless screen technology, has raised $22m in its series A round from a consortium led by Taiwan-based manufacturer Foxconn Technology Group.
Other investors in the A round included glass maker Corning, electronic paper display technology provider E Ink, liquid crystal display maker LG-MRI, Global Inkjet Systems (GIS) and former Dell chief financial officer Tom Meredith who is now a partner at Brightstar Capital Partners. The follows a number of seed rounds, bringing the company’s total funding to about $28m, according to news provider TechCrunch.
With the new funding, the company plans to increase production of its newest chip, which can go in items like cell phones, tablets and table tops.
“High speeds, sensing through all the spills and water. This is what will enable a whole new generation of HMIs (human machine interface) for devices,” CEO Rick Seger said.
Johnson Lee, CEO at E Ink, added: “E Ink is devoted to strengthening its ePaper ecosystem. With the collaboration with SigmaSense, E Ink will be able to offer new technology to our customers to enhance their products.”
Bill Dunn, CEO of MRI, said: “SigmaSense performs reliably in rain, heat or cold, which is an extreme engineering challenge. Simply put, they have nailed it, by providing reliable sensing through thick, vandal-proof glass while wearing gloves.”
