2018 just began but we already knew before that new technologies such as 3D sensing are going to be huge this year after the launch of Apple’s iPhone X last September. Using faces to unlock phones and personalize expressive Animojis are probably the two most memorable features that make 3D sensing widely known of among consumers. Surely, other phone makers will not let go of a chance to sport their products with similar capabilities, hence we learn the projection that the total value of the global market of mobile 3D Sensing is anticipated to grow at a CAGR of 209% from USD 1.5 billion in 2017 to USD 14 billion by 2020.

Heptagon, the Finland-based developer of wafer-scale micro-optics, announced that it has raised over $22m in new equity financing. Most of this financing is coming from a new syndicate led by GGV Capital. Heptagon’s current investors, including Innovations Kapital of Sweden, Innovacom of France and Nokia Growth Partners have also participated in this latest round.