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Leuven’s holographic IC startup Swave tops up seed capital
Holography startup Swave Photonics has bagged an additional 3-million-euro investment, taking the total funds raised to 10 million euros. The spinoff from Imec and Vrije Universiteit Brussel is working on high-resolution 3D image technology claimed to blur the lines between illusion and reality. The technology is based on diffractive photonics with a pixel pitch of less than half a wavelength and is manufactured using standard CMOS technology, facilitating scaling.
In the latest seed capital funding round, existing investors Imec.xpand, Flanders Future Techfund and QBIC are joined by US-based investors Acequia Capital and Luminate NY. Swave says it’s now well-positioned “to execute on its augmented reality roadmap and engage future customers, partners and investors interested in driving true holography for spatial computing.”