Krishna revealed that the company stopped taking pre-orders after CES to focus on fulfilling existing orders, with shipping expected to start mid-year. He also mentioned plans for a small series A fundraising round of $5 million. The device has reportedly garnered interest from art studios, museums, and embassies. The TV uses a vacuum suction system to attach to walls and has swappable batteries that power the screen. It can stay on the wall for up to 10 months using its vacuum system, and if the system fails, the screen will gradually lower itself from the wall.
Key takeaways:
- Displace, a startup hardware company, is planning to release more versions of its 55-inch 'Display Flex', a wireless 4K OLED TV that sticks to walls without traditional mounting.
- The new 'Display Mini' will be a smaller 27-inch TV designed for kitchen or bathroom spaces, and will include new features such as an AI-powered shopping engine and a contactless payment reader.
- The Displace devices will also have a built-in thermal camera for potential health applications, such as reading body heat maps to detect inflammation.
- The company is planning to do a "small series A" fundraising round of $5 million, with most interest for the device coming from art studios, museums, and embassies.