VividQ secures £2.4m seed follow on investment to accelerate holographic display adoption.
The second closing of the seed round was backed by FluxUnit and the University of Tokyo Edge Capital.
VividQ develops software and intellectual property that enable computer-generated holography for next-generation digital displays. Its technology supports applications across automotive head-up displays, augmented reality wearables, and consumer electronics.
London based deep tech firm VividQ has secured £2.4m in a second closing of its oversubscribed seed funding round. The investment was backed by FluxUnit and the University of Tokyo Edge Capital alongside existing angel investors. The fresh capital will be deployed to complete customer projects, integrate partner technologies, and scale up commercial adoption of its holographic software ahead of device launches planned for 2020.
From the founder
"Holography will revolutionise the way in which we view and interact with the world in the most fundamental way. For the first time, holographic display can be in the hands of everyone, across hundreds of applications, thanks to the extraordinary capabilities provided through VividQ's software. With two renowned deep tech VCs like Fluxunit and UTEC on board, we are looking to bring about this holographic reality much faster."
Darran Milne
Co-Founder and CEO at VividQ
Investor perspective
"We are very excited about our investment into VividQ and to work with a highly talented team from Cambridge – one of the leading hubs for AR and holography worldwide. VividQ's software will be the enabler for real-time computer-generated holography, leapfrogging smart glasses and in-car head-up displays. Offering a more natural viewing experience for drivers, holography will be vital for next generation user interfaces and entertainment systems."
Alexander Meyer-Scharenberg
Investment Manager, FluxUnit
Use of funds
- 01Continue product development
- 02Expand into international markets
