Hella Ventures, the corporate venture capital arm of Forvia Hella, together with Technology Venture Partners, lead the Series B investment in BrightView Technologies to accelerate market growth, drive research and development, and strengthen production capabilities.
BrightView are specialists in computational optics, designing and manufacturing advanced optical films that use complex microlens elements to precisely shape light distributions. CEO Jennifer Aspell says the funding “reflects the strength of our team, technology and the exciting growth opportunities ahead (…) this milestone propels us closer to our vision of transforming computational optics across many segments of the technology industry. From advanced displays and AR/VR to automotive, 3D sensing and commercial lighting, BrightView’s world class optical expertise, digital pixel technology and rapid speed to market drive innovation and deliver exceptional value for our customers”.
And Forvia Hella’s Innovation VP Martin Vollmer said, “BrightView’s exceptionally high expertise in optics aligns seamlessly with our mission to shape the future of mobility. We’re thrilled about the possibilities this strategic partnership unlocks in pushing the boundaries for micro- and nanoöptic applications”. Vollmer has joined BrightView’s Board of Directors, bringing his deep knowledge of the automotive industry and providing guidance for this high growth segment.
“BrightView is at the forefront of a transformative shift in the optics industry, and we’re proud to support the next stage of its growth and innovation,” said Don Bossi, chairman of the BrightView Board and general partner at Technology Venture Partners. “This investment underscores our confidence in BrightView’s ability to revolutionize segments of the industry on a global scale.”
The integration of micro- and nanoöptics in automotive lighting enables enhanced performance, increased design flexibility by reduced packaging space, and affordable innovations for exterior and interior applications. The technology is also set to further improve the Forvia Hella FlatLight.
