Wednesday, January 30, 2019

Versant-Backed Kinestral Finds $100M More For Smart Glass

Kinestral, a developer of "smart" electronically controlled tinting glass, which is backed by San Diego's Versant Ventures, said on Wednesday that it has raised $100M in a Series D funding. The funding was ld by SK Holdings, and also included current investors 5AM Ventures, Alexandria Real Estate, Capricorn Investment Group and Versant Ventures. Kinestral, based in Haywards, California said the funding will go towards expanding manufacturing, sales, and installation of its smart-tinting glass.

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