Lynx Shipping More R-1 Mixed Reality Headsets Soon, CEO Describes Fundraising Environment as "Excruciating" - Road to VR
Lynx Shipping Additional R-1 Mixed Reality Headsets Soon, CEO Details “excruciating” Fundraising Environment
French startup Lynx has faced significant challenges in producing and funding its R-1 mixed reality standalone headset. Despite past setbacks, Lynx CEO Stan Larroque recently announced that a batch of R-1 headsets will soon ship out. Larroque revealed plans to distribute an additional 400 units between July and August, delayed previously due to financial issues with assembler Compal. Though these financial obstacles have been overcome, the startup has struggled in the tough European fundraising environment for XR hardware, including a failed €30M deal and issues with a French public fund. Larroque also shared positive news about a new collaboration with a major US financial partner and continued interest in the R-1 from defense, industrial, and medical sectors. For detailed insights into Lynx’s journey and challenges, visit the full story at Road to VR.