BrightView Technologies Secures $7M in Series B Funding Led by FORVIA HELLA and Technology Venture Partners
New capital to drive global growth in computational optics
Research Triangle Park, NC – February 18, 2025 – BrightView Technologies, a global leader in computational optics solutions, has closed $7 million in Series B Preferred Stock equity funding, led by HELLA Ventures, the Corporate Venture Capital arm of FORVIA HELLA and Technology Venture Partners. This investment will accelerate BrightView’s market growth, advance research and development, and enhance production capabilities.
“The first close of our Series B Preferred Stock financing reflects the strength of our team, technology and the exciting growth opportunities ahead for BrightView,” said Jennifer Aspell, CEO of BrightView. “This milestone propels us closer to our vision of transforming computational optics across many segments of the technology industry. From advanced displays and AR/VR to automotive, 3D sensing, and commercial lighting, BrightView’s world class optical expertise, digital pixel technology, and rapid speed to market drive innovation and deliver exceptional value for our customers.”
“BrightView’s exceptionally high expertise in optics aligns seamlessly with our mission to shape the future of mobility,” said Martin Vollmer, Vice President Innovation Lighting at FORVIA HELLA. “We’re thrilled about the possibilities this strategic partnership unlocks in pushing the boundaries for Micro- and Nano-optic applications.” Martin Vollmer has joined BrightView’s Board of Directors, bringing his deep knowledge of the automotive industry and providing guidance for this high growth segment.
“BrightView is at the forefront of a transformative shift in the optics industry, and we’re proud to support the next stage of its growth and innovation,” said Don Bossi, Chairman of the BrightView Board and General Partner at Technology Venture Partners. “This investment underscores our confidence in BrightView’s ability to revolutionize segments of the industry on a global scale.”
With this funding, BrightView will expand globally, explore new applications for its micro-lens array technology, and develop next-generation solutions across multiple industries. FORVIA HELLA, an international automotive supplier specializing in high-performance lighting technology and vehicle electronics, and Technology Venture Partners, a leader in fostering disruptive innovations in the technology sector, both recognize BrightView’s immense potential. For more information on BrightView, visit www.brightviewtechnologies.com.
About Brightview Technologies
BrightView Technologies Computational Optics unlock the full potential of transformative technologies to shape the future of human-machine interaction. With best-in-class technology, unparalleled speed in product development, & an extensive array of materials and form factors, BrightView creates the optical building blocks powering major technology trends such as Artificial Intelligence, High Acuity Displays, AR/VR, 3D Image Sensing, and Advanced Automotive functionality. BrightView designs and manufactures advanced components using complex micro lens elements that precisely manipulate visible & non-visible light. These solutions create higher brightness, precise angular management, and visual uniformity while substantially improving end-user energy efficiency, material utilization, and manufacturing optimization. Headquartered in the Research Triangle Park region of North Carolina, BrightView is an ISO 9001:2015 certified manufacturer of advanced computational optics for customers worldwide.
For additional information, visit BrightView online at www.brightviewtechnologies.com or on LinkedIn at https://www.linkedin.com/company/bright-view-technologies/
About Forvia HELLA (www.hella.com)
FORVIA HELLA is a listed, internationally positioned automotive supplier. As a company of the FORVIA Group, FORVIA HELLA stands for high-performance lighting technology and vehicle electronics and, with the Lifecycle Solutions business group, also covers a broad service and product portfolio for the spare parts and workshop business as well as for manufacturers of special vehicles. With currently around 37,500 employees at over 125 locations, the Company is active worldwide and generated adjusted sales of €8.1 billion in the fiscal year 2023.
About Technology Venture Partners (www.tvp.com)
Technology Venture Partners is a venture capital firm that specializes in investing in technology companies with unique and significant potential to challenge or change their industries. The firm focuses on high-growth opportunities, providing capital and strategic support to innovative companies. With a team of experienced professionals, TVP helps businesses scale and create market impact.
“The first close of our Series B Preferred Stock financing reflects the strength of our team, technology and the exciting growth opportunities ahead for BrightView,” said Jennifer Aspell, CEO of BrightView. “This milestone propels us closer to our vision of transforming computational optics across many segments of the technology industry. From advanced displays and AR/VR to automotive, 3D sensing, and commercial lighting, BrightView’s world class optical expertise, digital pixel technology, and rapid speed to market drive innovation and deliver exceptional value for our customers.”
“BrightView’s exceptionally high expertise in optics aligns seamlessly with our mission to shape the future of mobility,” said Martin Vollmer, Vice President Innovation Lighting at FORVIA HELLA. “We’re thrilled about the possibilities this strategic partnership unlocks in pushing the boundaries for Micro- and Nano-optic applications.” Martin Vollmer has joined BrightView’s Board of Directors, bringing his deep knowledge of the automotive industry and providing guidance for this high growth segment.
“BrightView is at the forefront of a transformative shift in the optics industry, and we’re proud to support the next stage of its growth and innovation,” said Don Bossi, Chairman of the BrightView Board and General Partner at Technology Venture Partners. “This investment underscores our confidence in BrightView’s ability to revolutionize segments of the industry on a global scale.”
With this funding, BrightView will expand globally, explore new applications for its micro-lens array technology, and develop next-generation solutions across multiple industries. FORVIA HELLA, an international automotive supplier specializing in high-performance lighting technology and vehicle electronics, and Technology Venture Partners, a leader in fostering disruptive innovations in the technology sector, both recognize BrightView’s immense potential. For more information on BrightView, visit www.brightviewtechnologies.com.
About Brightview Technologies
BrightView Technologies Computational Optics unlock the full potential of transformative technologies to shape the future of human-machine interaction. With best-in-class technology, unparalleled speed in product development, & an extensive array of materials and form factors, BrightView creates the optical building blocks powering major technology trends such as Artificial Intelligence, High Acuity Displays, AR/VR, 3D Image Sensing, and Advanced Automotive functionality. BrightView designs and manufactures advanced components using complex micro lens elements that precisely manipulate visible & non-visible light. These solutions create higher brightness, precise angular management, and visual uniformity while substantially improving end-user energy efficiency, material utilization, and manufacturing optimization. Headquartered in the Research Triangle Park region of North Carolina, BrightView is an ISO 9001:2015 certified manufacturer of advanced computational optics for customers worldwide.
For additional information, visit BrightView online at www.brightviewtechnologies.com or on LinkedIn at https://www.linkedin.com/company/bright-view-technologies/
About Forvia HELLA (www.hella.com)
FORVIA HELLA is a listed, internationally positioned automotive supplier. As a company of the FORVIA Group, FORVIA HELLA stands for high-performance lighting technology and vehicle electronics and, with the Lifecycle Solutions business group, also covers a broad service and product portfolio for the spare parts and workshop business as well as for manufacturers of special vehicles. With currently around 37,500 employees at over 125 locations, the Company is active worldwide and generated adjusted sales of €8.1 billion in the fiscal year 2023.
About Technology Venture Partners (www.tvp.com)
Technology Venture Partners is a venture capital firm that specializes in investing in technology companies with unique and significant potential to challenge or change their industries. The firm focuses on high-growth opportunities, providing capital and strategic support to innovative companies. With a team of experienced professionals, TVP helps businesses scale and create market impact.
