VividQ has closed a new funding round of GBP 11M to establish their vision for the future of display with Computer-Generated Holography.
This round is led by Innovation Platform (IPC) from the University of Tokyo, who are joined by Foresight Williams Technology, a joint collaboration between Foresight Group and Williams Advanced Engineering, Japanese Miyako Capital, Austrian APEX Ventures and Silicon Valley’s R42 Group.
They also announced that they had received further support from Sure Valley Ventures, University of Tokyo Edge Capital (UTEC), Essex Innovation, and a number of angel investors.
Darran Milne, Co-Founder and CEO of VividQ, commented, “Scenes we know from films, from Iron Man to Star Trek, are becoming closer to reality than ever. Our team has taken the technology that used to require immense amounts of computing power and found solutions to implement Computer-Generated Holography across consumer electronics. This new investment allows us to complete the next, critical phase of implementation projects and supports further innovation efforts to bring holography to new display applications. We’re incredibly excited to see what’s next with our customers.”
To date, VividQ has secured over GBP 17M in equity funding.
In a statement they said “The new investment will enable us to expand our teams, and access new customers by scaling operations in the US and the APAC region. The funding will also advance the adoption of VividQ’s solutions for Computer-Generated Holography across three key applications”.
Later this year they plan to showcase a holographic HUD demo, powered by VividQ, to automotive OEMs, and their latest generation #AR headset concept. By 2022 they hope to unveil the ‘HoloLCD’ – a laptop scale holographic display using standard LCD panels to give a complete three-dimensional experience, with no need for glasses.
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