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KTM Invests in Heads-Up Display Company NUVIZ

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Heads-up display (HUD) company NUVIZ just took a strategic investment from Pierer Industrie AG, the company behind KTM, Husqvarna, WP Suspension, and others. Today's news is quite a catch for the San Diego based technology startup, and it bodes well for NUVIZ to bring its heads-up display technology to market. As such, NUVIZ hopes to have a heads-up display unit and connected rider system available in the first half of 2017. NUVIZ has raised roughly $9 million to date, via equity and debt, and our sources tell us that KTM's purchase into the company has contributed to the lions's share of that amount - upwards of $5 million, along with a seat on NUVIZ's board of directors.

The post KTM Invests in Heads-Up Display Company NUVIZ appeared first on Asphalt & Rubber.


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