Research Frontiers Incorporated announced that it has received $60 million in funding from Walleye Capital LLC, Avestar Capital, LLC, OTV, BlueRed Partners, Waarde Capital, Avery Dennison Corporation and other investors
February 07, 2022
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Research Frontiers Incorporated announced that it has received $60 million in a round of funding led by returning investor IBEX on February 8, 2022. The transaction also included participation from returning investors OTV, BlueRed Partners, Waarde Capital, Avery Dennison Corporation, and new investors Walleye Capital LLC, Avestar Capital, LLC, Klirmark, and Davidson Capital.
Research Frontiers Incorporated is a material science company, focused on the research, development, manufacturing and marketing of vision and light control technologies. The Company develops and licenses its patented suspended particle device (SPD-Smart) light-control technology to other companies that manufacture and/or market the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-control panels made by laminating the film, electronics to power end-products incorporating the film, or lamination services for, and the end-products themselves, such as smart windows, skylights and sunroofs. It has various companies that, in the aggregate, are licensed to primarily serve five SPD-Smart application areas (aerospace, architectural, automotive, marine and display products) in every country of the world. It has licensed its smart glass technology to approximately 40 companies that include chemical, material science and glass companies.
Research Frontiers Incorporated announced that it has received $60 million in funding from Walleye Capital LLC, Avestar Capital, LLC, OTV, BlueRed Partners, Waarde Capital, Avery Dennison Corporation and other investors
RESEARCH FRONTIERS INCORPORATED 