Samsung backs Swave holographic display in €6m boost
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Swave Photonics in Belgium has raised another €6m ($6.9m) for its holographic display chip with backing from Samsung Ventures
Swave, a spin out of European R&D lab imec, is developing the world’s first true holographic display platform for spatial AI computing and the deal is key for the next generation of displays in wearables and AI smart glasses.
The follow on to the $27m Series A round in January was led by IAG Capital Partners and includes a strategic investment from Samsung Ventures.
This will continue the development of Swave’s Holographic eXtended Reality (HXR) technology. The diffractive photonics on CMOS chip-based technology allows the world’s smallest pixel, which shapes light for high-quality 3D images without the need for a waveguide.
“This follow-on investment demonstrates that there is tremendous excitement for the emerging Spatial + AI Computing Era and the display technology that will help unlock what comes next,” said Mike Noonen, CEO of Swave.
“These funds will help Swave accelerate the commercialization and application of our novel holographic display technology at the heart of next-generation spatial computing platforms.”
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