Microvision Private Funding Update November 2024 MVIS
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Business/Sponsorship inquiries - Email me [email protected] Apple Computer Reviews, tech reviews, home networking and some DIY and upgrades/installs.. Also physics and occasional experiments and a bit of edutainment for interesting historical general concepts. I closely follow the LiDAR sector and specifically a company called Microvision. My name is Nicholas Johnson. My formal education is in mechanical engineering and math - but I am a photographer @nicholas_james_johnson instagram and I work in the art world designing and installing truss and lighting plans for art fairs around the United States. I love computers, and make videos about Apple Silicon, Raspberry Pi 5 and I build PC's. As always, editing help from Nicholas Crider.
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Video Description
Microvision announced in October that they have secured funding from a group called High Trail Capitol for $75 million dollars in a convertible note facility. That is debt that has the option of converting into stock under certain conditions. This extends Microvision's runway out past 2026 which will give them time to start selling their Movia Sensor in the industrial sector to agriculture, mining and forklift operations. I also visited the Luminar Facility to do opposition research to no avail.
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