Seoul VR Technologies to invest in Incheon based Augmented Reality startup


Posted April 30, 2021 by seoulvrtechnologies

Gangnam-gu/SEOUL - Seoul VR Technologies announced today that it will invest in an Incheon based augmented reality-based smart lens company, adding to the company's portfolio.

 
Seoul VR Technologies strongly believe that the Incheon based startup’s revolutionary technology has the potential to alter digital interaction with sophisticated AR hardware and software solutions for consumers which fits into Seoul VR Technologies’ strategy of investing in startups.

Seoul VR Technologies’ Chief Creative Officer, Mr. Hwang Joo-ho commented on the startup investment saying “We hope to be entering into an exciting new chapter for Seoul VR Technologies and putting our resources into smart contact lens technology which will be able to deliver a seamless hands-free computing experience. This new technology will combine bio-compatible materials paired with an integrated image sensor and state-of-the-art eye-tracking capabilities.”

“Our long term aim is to focus on digital and energy transformation and do this in a sustainable way. With this new lens technology, it will enable visually impaired users to better navigate the world with better contrast and enhanced features and it is our vision that we will be at the center of digital transformation, where our product seamlessly complements all digital information onto the world around us,” added Hwang Joo-ho, Chief Creative Officer of Seoul VR Technologies.

About Us - Seoul VR Technologies

Seoul VR Technologies was established in 2015 in the capital of South Korea, Seoul, by a team of technology experts seeking to capitalize upon the rapidly developing 3D Virtual Reality and Augmented Reality industry. Our aim is not only to become one of the global leaders in the 3D Environments sector but to shape the industry for decades to come. We seek to make the impossible possible and create new realities by harnessing the power of technological innovation and applying it to satisfy consumer demand.

Our success is built upon our team of highly talented individuals with a passion for forging a new business niche within the emerging virtual reality market. Our multidisciplinary team includes specialists in programming, architecture, design, marketing, social media and business management, who collaborate to develop solutions which we believe will become core technologies in the next few years.

Seoul VR Technologies’ innovative technology combined with our exceptionally talented team means we are at the forefront of this emerging industry, ready to reimagine the world through virtual reality and as a result reinvent and redefine numerous business models. Our technology has the capacity to enable innovation, to reduce costs, save time and resources, to drive sales, to create new opportunities and to capture the imagination. Seoul VR Technologies is ready to capture a significant share of the multi-billion dollar virtual reality market.
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Issued By Heung Min
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Last Updated April 30, 2021