VividQ Secures Funding of £11M to Bring Holographic Display to the World
by Startacus Admin
Major funding boost for VividQ to support further development of its innovative Computer-Generated Holography, team growth and expansion of global operations
Fab news for Deep technology company VividQ, a leading software and IP developer for holography, with the announcement of a seed extension round of £11M. The Cambridge head-quartered business is powering the display revolution with Computer-Generated Holography. Its technology is used in the development of next-generation digital displays and devices, by manufacturers in the US, China and Japan.
To date, VividQ has secured over £17M in funding. The latest investment was led by UTokyo IPC, Foresight Williams Technology, Japanese Miyako Capital, Austrian APEX Ventures, and Silicon Valley’s R42 Group. Previous investors University of Tokyo Edge Capital, Sure Valley Ventures, and Essex Innovation also participated.
Since its launch in 2017, VividQ has made cutting-edge developments that achieve real-time Computer-Generated Holography and address many failings of 3D displays and today’s AR devices. The company collaborates with key providers to bring this technology to everyday applications.
The funding round will further advance the adoption of VividQ’s solutions for Computer-Generated Holography, across three applications, an Automotive HUD which will be ready to go to original equipment manufacturers (OEMs) early next year, to improve experiences offered by head-mounted displays (HMDs), and smart glasses and to support the prototyping of HoloLCD systems.
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. At VividQ, we are on a mission to bring holographic displays to the world for the first time. Our solutions help bring innovative display products to the automotive industry, improve AR experiences, and soon will change how we interact with personal devices, such as laptops and mobiles. 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.”
Mikio Kawahara, Chief Investment Officer of UTokyo IPC, said, “The future of display is holography. The demand for improved 3D images in real-world settings is growing across the whole display industry. VividQ's products will make the future ambitions of many consumer electronics businesses a reality. We are proud to invest in this expert team and look forward to supporting VividQ’s growth and expansion in the Asian markets.”
In addition to supporting its innovative product development, VividQ will also use the funding to expand its engineering, product, and customer support teams and global operations.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
The latest Funding Review from TechIreland reveals that Irish Startups raised €746M in the first-half 2022 but early-stage rounds have dropped to a five-year low.
London-based SaaS startup Evorra has created a data marketplace enabling brands and agencies to build and scale their marketing audiences.
Artist John Kerr set to exhibit a series of personal paintings at The Spot, the urban-art focused gallery in Derry as part of Culture Night 2022.
The lowdown on customer behaviour analysis - what it's all about, the kinds of things that can have an impact on it and how to get it right.
.png)
The innovative businesses participating in this year’s AI Accelerator, delivered by The University of Edinburgh’s Innovation Hub for Data Science and Artificial Intelligence, the Bayes Centre are revealed.
Edinburgh-based startup SmpliCare innovating how we care and age by exploring the use of AI-driven wearables to predict the risk of falls and other age-related health issues
The lowdown on Haystack, the data insights and careers marketplace, connecting developers, designers and data scientists with innovative tech employers.
Remote working with a difference - Jarvo is a startup enabling homeowners to share workspaces within their neighbourhood which remote professionals can book out by the day.
The lowdown on Ryft, the London-based fintech and its innovative next day payout system for marketplace businesses and their merchants.
New business event Invest2Scale aims to support Scottish scaleups by introducing them to investors and VCs based across the UK and beyond.
Published on: 1st July 2021
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- TechIreland publish their mid-year report on Irish startup and tech funding. 22nd Sep 2022 The latest Funding Review from TechIreland reveals that Irish Startups raised €746M in the first-half 2022 but early-stage rounds have dropped to a five-year low.
- University AI Accelerator programme announces new cohort companies 15th Sep 2022 The innovative businesses participating in this year’s AI Accelerator, delivered by The University of Edinburgh’s Innovation Hub for Data Science and Artificial Intelligence, the Bayes Centre are revealed.
- New event connects Scottish scaleups with Global Investor community 13th Sep 2022 New business event Invest2Scale aims to support Scottish scaleups by introducing them to investors and VCs based across the UK and beyond.
- Next generation body armour startup Vikela Armour named winner of INVENT 2022 2nd Sep 2022 Vikela Armour announced as the overall winners of INVENT, a leading Northern Irish competition for innovative startups.
