Series B7 October 2020

Envisics secures £38.7m Series B investment led by Tarsadia Investments to advance automotive holographic technology

The funding round was led by Tarsadia Investments with participation from automotive leaders including Hyundai Mobis, General Motors Ventures, SAIC Capital, and Van Tuyl Companies.

£38.7MSeries B

Envisics is a deep technology company and global leader in dynamic holographic technology delivering advanced product solutions to automakers.

Envisics has secured £38.7m in a Series B funding round led by Tarsadia Investments. The capital injection includes participation from major automotive entities including Hyundai Mobis, General Motors Ventures, SAIC Capital, and Van Tuyl Companies. The funding will support the company as it scales its operations globally and advances the development of its next generation holographic technologies for the automotive industry.

The Milton Keynes-based business has established itself as a pioneer in augmented reality head-up displays, qualifying its technology for series production amid rising demand from global vehicle manufacturers. Strategic partners intend to collaborate closely on commercial applications, with specific joint development initiatives already planned for upcoming vehicle generations.

From the founder

Jamieson Christmas
CEO and founder at Envisics

Investor perspective

"We have supported the Company since 2015 and are strong believers in the enormous commercial potential of Envisics’ technology and the capabilities of its leadership team. We are very pleased to see this group of blue-chip automotive companies joining us during this next phase of the Company’s evolution."