<div> In a recent development, GV , the venture capital division of Google by Alphabet Inc , (NASDAQ: <a class=ticker href="https://www.benzinga.com/stock/GOOG#NASDAQ?utm_campaign=partner_feed&utm_source=Newsbreak.com&utm_medium=partner_feed&utm_content=site" rel=nofollow> GOOG </a> ) (NASDAQ: <a class=ticker href="https://www.benzinga.com/stock/GOOGL#NASDAQ?utm_campaign=partner_feed&utm_source=Newsbreak.com&utm_medium=partner_feed&utm_content=site" rel=nofollow> GOOGL </a> ), has invested in a Finnish startup, Distance Technologies , which is working on integrating mixed-reality technology into car windshields and airplane cockpits. What Happened : Distance Technologies has successfully raised 10 million euros ($11.1 million) in a seed funding round led by GV. The round also saw participation from other investors such as FOV Ventures and Maki.vc , CNBC <a href="https://www.cnbc.com/2024/09/26/google-backs-distance-startup-bringing-mixed-reality-to-cars-planes.html?taid=66f54d439b5a1000019b3909&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter%7Cma&utm_content=site" rel=nofollow> reported </a> on Thursday. Distance, based in Helsinki, is developing a technology that can transform any transparent surface into an augmented-reality display, eliminating the need for hardware like mixed-reality headsets or augmented reality glasses. The company’s technology uses tracking to identify where the user is looking and then computes the correct light field to match the exact positions of the user’s eyes. See Also: <a href="https://www.benzinga.com/news/24/09/40968413/elon-musk-reacts-after-cathie-wood-labels-gavin-newsoms-threat-to-sue-tesla-ceo-over-memes-unconstit?itm_source=parsely-api&utm_campaign=partner_feed&utm_source=Newsbreak.com&utm_medium=partner_feed&utm_content=site" rel="noreferrer noopener nofollow" target=_blank> Elon Musk Reacts After Cathie Wood Labels Gavin Newsom’s Threat To Sue Tesla CEO Over Memes ‘Unconstitutiutional’: ‘...But That Didn’t Stop Them’ </a> Why It Matters : This investment by GV in Distance Technologies is a significant move, considering Google’s renewed interest in the augmented and virtual reality (AR/VR) market. Earlier this year, Google entered into a strategic partnership with Magic Leap, an augmented reality startup, to create immersive experiences that integrate the physical and digital realms. This partnership was aimed at <a href="https://www.benzinga.com/news/24/05/39092179/google-and-magic-leap-join-forces-we-see-a-lot-of-potential-in-arvr-market?utm_campaign=partner_feed&utm_source=Newsbreak.com&utm_medium=partner_feed&utm_content=site" rel=nofollow> leveraging Magic Leap’s expertise </a> in optics and device manufacturing alongside Google’s advanced technology platforms. Distance’s technology, which is primarily focused on the auto, aerospace, and defense markets, could potentially revolutionize these sectors by creating a life-size field of view in any setting. This aligns with Google’s strategic direction in the AR/VR market and could potentially give it an edge over competitors like Meta Platforms Inc. and Apple Inc. Read Next: <ul><li><a href="https://www.benzinga.com/news/24/09/41016829/possible-but-not-probable-steve-jobs-witty-transportation-answer-in-1973-resume-earns-him-online-acc?itm_source=parsely-api&utm_campaign=partner_feed&utm_source=Newsbreak.com&utm_medium=partner_feed&utm_content=site" rel="noreferrer noopener nofollow" target=_blank> ‘Possible, But Not Probable’: Steve Jobs’ Witty Transportation Answer In 1973 Resume Earns Him Online Accolades — Bill Gates $15k Salary No Less Impressive In The Same Era </a></li></ul> Image via Shutterstock This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro?utm_campaign=partner_feed&utm_source=Newsbreak.com&utm_medium=partner_feed&utm_content=site" rel=nofollow> Benzinga Neuro </a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari?utm_campaign=partner_feed&utm_source=Newsbreak.com&utm_medium=partner_feed&utm_content=site" rel="noreferrer noopener nofollow" target=_blank> Pooja Rajkumari </a> This article <a href="https://www.benzinga.com/news/24/09/41047567/googles-gv-invests-11m-in-finnish-startup-revolutionizing-mixed-reality-tech-for-car-windshields-and?utm_campaign=partner_feed&utm_source=Newsbreak.com&utm_medium=partner_feed&utm_content=site" rel=nofollow> Google's GV Invests $11M In Finnish Startup Revolutionizing Mixed-Reality Tech For Car Windshields And Cockpits </a> originally appeared on <a href="https://www.benzinga.com?utm_campaign=partner_feed&utm_source=Newsbreak.com&utm_medium=partner_feed&utm_content=site" rel=nofollow> Benzinga.com </a> . © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. </div>

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Google's GV Invests $11M In Finnish Startup Revolutionizing Mixed-Reality Tech For Car Windshields And Cockpits

In a recent development, GV, the venture capital division of Google by Alphabet Inc, (NASDAQ:GOOG) (NASDAQ:GOOGL), has invested in a Finnish startup, Distance Technologies, which is working on integrating mixed-reality technology into car windshields and airplane cockpits.
What Happened: Distance Technologies has successfully raised 10 million euros ($11.1 million) in a seed funding round led by GV. The round also saw participation from other investors such as FOV Ventures and Maki.vc, CNBC reported on Thursday.
Distance, based in Helsinki, is developing a technology that can transform any transparent surface into an augmented-reality display, eliminating the need for hardware like mixed-reality headsets or...