Augmented Reality pioneers Metaio hardly qualify as a startup these days (being incorporated since 2003 and funded by a stream of project work from the likes of Volkswagen and IKEA), but they behave very much like a startup and are constantly inventing new systems for their considerable augmented reality SDK. 
Source: http://feedproxy.google.com/~r/Techcrunch/~3/Ad_wjob1o78/
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