Ali spends $15 million on Israeli company InfinityAR

The most obvious thing about Alibaba's moves in VR is its VR shopping. Before yesterday’s double 11 game, the buy+ plan was formally launched. Many experiencers stated that the entire experience was still good. Although VR Shopping is the most important strategic layout for Alibaba's VR entry, its actions on AR have not slowed down.

In February of this year, the augmented reality (AR) startup Magic Leap announced today that it had secured a $793.5 million investment in a new round of financing, led by Alibaba. It is normal for rich companies like Alibaba to invest in AR and VR. After all, both have hopes to become the next generation of computer platforms.

According to Geektime recently, Israel’s augmented reality company Infinity AR has completed a financing of US$18 million. China’s Internet giant Alibaba has injected US$15 million into it, and another 3 million from the company’s previous investor, Sun Corporation of Japan. Other investors include Moshe Hogeg and its Singulariteam Fund. After the investment was completed, Alibaba became the company's largest shareholder, with more than 22% of the shares. Why is this company able to win such aggressive investment from Ali?

It is reported that Infinity focuses on the field of augmented reality. They are developing an SDK that can overlay virtual images in real scenes. In addition to games like "Pokemon Go," the technology can also be used in areas such as training and retail. If it can really be applied to retail, then Alibaba’s Taobao and Tmall add another new technology experience.

USB Charger

Portable high efficient travel charger, can charge multi devices at the same time, every port output mini 5v 1a, max 5v 2.1a. We can meet your specific requirement of the products, like label design. The plug type is US/UK/AU/EU. The material of this product is PC+ABS. All condition of our product is 100% brand new.

Our products built with input/output overvoltage protection, input/output overcurrent protection, over temperature protection, over power protection and short circuit protection. You can send more details of this product, so that we can offer best service to you!


Usb Charger,Universal Travel Adapter,Intelligent Usb Charger,Travel Adapter

Shenzhen Waweis Technology Co., Ltd. , https://www.waweis.com

This entry was posted in on