DigiLens Inc. announced that it will receive its series D round of funding on November 4, 2021. This round is being raised at a post money valuation of over $500,000,000.
On the same date, the company announced that it has received over $50,000,000 in its first tranche led by new investor Samsung Electronics Co., Ltd. The transaction included participation from Samsung Electro-Mechanics Co., Ltd., Wuhu 37 Interactive Entertainment Network Technology Group Co.,Ltd., returning investors Alsop Louie Partners, Dolby Family Ventures, L.P., Diamond Edge Ventures, Inc., and UDC Ventures, and other investors. As a part of the transaction, Hark Sang Kim of Samsung Electronics Co., Ltd. joined the company's board of directors. The second tranche is expected to close near the end of 2021.