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Swave, A New Imec And Vub Spin-Off, Raises €7M To Deliver Truly Realistic Ar/Vr Experiences To Applications Like The Metaverse

Jun 28, 2022about 3 years ago

Amount Raised

€7 Million

Leuven

Description

Swave Photonics, an innovator in Holographic eXtended Reality (HXR) technology to bring the metaverse to life, today announced a €7 million seed round. The investment will be used to fund the commercialization of truly realistic, immersive 3D HXR gigapixel technology for a wide range of emerging applications. The demand for eXtended Reality (XR) technology that enhances or replaces our view of the world is exploding with the rapid emergence of the metaverse, a 3D world where participants can interact with people, objects and places and other applications benefiting from truly realistic 3D experiences. Swave Photonics is a new spin-off of imec and Vrije Universiteit Brussel.

Company Information

Company

Swave

Location

Leuven, Flemish Brabant, Belgium

About

Swave Photonics is a fabless semiconductor company that designs and markets holographic chips based on proprietary diffractive photonics technology. Its mission is to bring the metaverse to life and enable display manufacturers and content creators to disrupt the visualization market with immersive, ultra-high-resolution, lifelike, true holographic displays. Swave envisions a world where holographic displays give everyone the power to visualize the impossible, collaborate and accomplish more. www.swave.io