Vitrealab GmbH, a developer of Photonic Integrated Circuits (PICs) for laser–LCoS-based AR light engines, announced today the successful closing of a Series A financing. With a volume of US$ 11 million, the round was significantly oversubscribed. The strong investor interest was driven by an industry-wide inflection in Augmented Reality and Vitrealab’s technology’s strong fit with the performance, efficiency and form-factor demands of next generation AR devices.The investment was led by LIFTT Italian Venture Capital and LIFTT EuroI…