Swave Photonics, a Leuven, Belgium-based innovator in Holographic eXtended Reality (HXR) technology to bring the metaverse to life, raised €7m in seed funding.
The round was co-led by imec.xpand, and Flanders Future Techfund (FFTF), with participation from QBIC.
The company intends to use the funds for the commercialization of realistic, immersive 3D HXR gigapixel technology for a wide range of emerging applications.
Led by Theodore Marescaux, CEO and founder, Swave Photonics is a fabless semiconductor company that designs and markets holographic chips based on proprietary diffractive photonics technology. Leveraging advances in photonics and holography based on diffractive optics, Swave’s HXR gigapixel technology targets metaverse platforms, 360-degree holographic walls, 3D gaming, AR/VR/XR glasses, collaborative video conferencing, and heads-up displays for automotive and aerospace systems. Swave technology can also power holographic headsets that deliver immersive 3D AR/VR/XR experiences with stunning high resolution, perfect depth of focus and 180-degree to 360-degree viewing angles, all without the headaches experienced by users of conventional headsets.
The company is a new spin-off of imec and Vrije Universiteit Brussel.
FinSMEs
28/06/2022