Alibaba leads $18 million round into augmented reality car nav startup WayRay

A day after Intel bought autonomous car technology provider Mobileye, Alibaba led an $18 million funding round into WayRay, an augmented reality car navigation startup.
WayRay, based in Switzerland, builds heads-up displays for drivers, as well as fully augmented reality and virtual reality immersive systems intended for eventual use in self-driving cars.
“At the moment, WayRay is the world’s only developer that integrates augmented reality systems into cars,” Vitaly