imec.xpand and SFPIM Relaunch co-lead funding round to advance Swave’s technology solving challenges in today’s augmented reality experiences
LEUVEN, Belgium & SILICON VALLEY, Calif.–(BUSINESS WIRE)–Swave Photonics, the true holographic display company, today announced the close of its €27M ($28.27M) Series A funding round. This significant investment in Swave will catalyze the advancement of its Holographic eXtended Reality (HXR) platform, enabling a reality-first user experience for AI-powered augmented reality (AR) smartglasses and heads-up displays.
The funding round was co-led by investors imec.xpand and SFPIM Relaunch, with participation from new investors EIC Fund, IAG Capital Partners, and Murata Electronics North America, Inc., as well as existing investors Qbic Fund, PMV, imec, and Luminate. Swave previously raised a €10M ($10.47M) Seed round in 2023, which propelled the launch of Swave’s HXR technology, as well as the expansion of Swave’s team, which proudly leverages the top minds in photonics and semiconductors.
“This round will accelerate Swave’s product introductions as we continue to solve the challenges of today’s AR experiences through true holography,” said Mike Noonen, Swave CEO. “We are thrilled with continued support from our existing investors and our new investors. They recognize that Swave uniquely brings together semiconductor, holographic and AI technologies in a way that will deliver cost-effective and truly useful solutions.”
“AR glasses are set to become the primary interface for AI-powered spatial computing and other applications, and Swave is uniquely positioned to enable this future,” said Theo Marescaux, Swave co-founder and Chief Product Officer. “We are co-designing every element—from our holographic SLMs with cutting-edge nano-pixels, to real-time compute chips, light engines, and AR combiners—delivering the most advanced and integrated solution yet.”
“With Swave’s seed funding, we successfully built our team, proved the capabilities of the technology, and completed prototype designs,” said Dmitri Choutov, co-founder and Chief Operating Officer. “With Series A funding secured and silicon running at our partner fabs, we are on track to introduce product development kits and soon thereafter production devices.”
Swave’s HXR technology uses the world’s smallest pixel to shape light and sculpt high-quality 3D holographic images that create a reality-first user experience, where digital information interacts and adapts to the user’s surroundings. The images allow for the human vision system to process them naturally leveraging patented DynamicDepth technology.
AR devices currently being prototyped or on the market are all faced with challenges of high cost, uncomfortable size and weight, significant power usage, and visual phenomena like Vergence-Accommodation Conflict, which cause nausea or fatigue for users. Swave’s unique HXR technology not only solves these issues, but also eliminates the need for the most costly components, such as waveguides or varifocal lenses, inherently required for existing AR devices.
Swave’s technology has been developed for over a decade and the company currently holds 60 core technology patents. Swave announced its HXR platform in April 2024, followed by the achievement of the world’s first true color holographic display, and recently announced that HXR will be recognized at CES 2025 with a CES Innovation Award.
The Swave team will be at CES in Las Vegas, Nevada, USA, from Tuesday, January 7 to Friday, January 10, 2025. To request a meeting at CES with the Swave team, please email hey@swave.io.
About Swave:
Swave, the true holographic display company, develops chipsets to deliver reality-first spatial computing powered by AI. The company’s Holographic eXtended Reality (HXR) display technology is the first to achieve true holography by sculpting lightwaves into natural, high-resolution images. The proprietary technology will allow for compact form factors with a natural viewing experience. Founded in 2022, the company spun-out from imec and utilizes CMOS chip technology for manufacturing for a cost-effective, scalable, and swift path to commercialization. For more information, visit https://swave.io/
This operation benefits from support from the European Union under the InvestEU Fund.
Contacts
Media Contacts:
Carol Boyko
104 West Partners for Swave Photonics
carol.boyko@104west.com
カラフルでユニークなヘビのイラストをあしらった特別エディションを、一部のApple Storeおよびapple.comで販売中香港--(BUSINESS WIRE)--（ビジネスワイヤ） --40年にわたりコンシューマー向け電気製品市場をリードしてきたベルキンは、優美さ、魅力、神秘性、知性を象徴する巳年を祝い、人気製品BoostCharge Pro Magnetic Power Bank 5K with Qi2の新デザインを発表しました。新デザインは、カラフルでユニークなヘビのイラストで十二支の巳年を表しています。現在、アジア地域とオーストラリアで、apple.comおよびアップルの一部店舗で販売しており、まもなく米国とカナダでも発売予定です。 BoostCharge Pro Magnetic Power…
這款特別版設計現已在部分Apple Store和apple.com上架，採用色彩鮮豔的獨特蛇形圖案香港--(BUSINESS WIRE)--(美國商業資訊)-- 擁有40年歷史的一流消費電子品牌Belkin今天推出其廣受歡迎的BoostCharge Pro磁吸行動電源5K的新設計以慶祝蛇年的到來，這款支援Qi2無線充電功能的行動電源代表著優雅、魅力、神秘和智能。新設計採用色彩鮮豔的獨特蛇形圖案，象徵著中國十二生肖中的新年。它現已在apple.com以及亞洲和澳洲的部分Apple零售店發售，並即將在美國和加拿大推出。 BoostCharge Pro磁吸行動電源5K具有5000 mAh的超大電池容量，為iPhone 12及更新機型提供長達16小時的額外電池續航時間。這款行動電源採用Qi2磁吸無線充電功能和額外的USB-C埠設計，允許使用者同時為兩台裝置充電，使其成為忙碌的專業人士、旅行者和任何裝置重度依賴人士的必備配件。 與MagSafe相容的可轉換設計允許使用者在墊式和支架模式之間切換，非常適合FaceTime、接聽電話或在充電時進行視訊串流播放。它用途廣泛、效能可靠且尺寸小巧，是理想的無憂旅行伴侶。 產品特點： 通過Qi2認證，與MagSafe相容，可為iPhone12及更新機型充電，功率高達15W* 5000 mAh電池可提供長達16小時的額外電池續航時間 纖薄輕巧的設計為行動充電提供便攜性…
Supply increased from a year earlier to close out 2024, while pending home sales posted…
SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services…
NEW YORK, Jan. 3, 2025 /PRNewswire/ -- The global extended reality (xr) market size is estimated…
NEW YORK, Jan. 3, 2025 /PRNewswire/ -- Report with the AI impact on market trends…
