Lewen -based SwovA true holographic display company, today, has announced additional million millions of dollars funds as part of a follow-on investment in the company’s series for Augmented Reality (AR) technology.
The fund was operated by IAG Capital Partners and included Samsung Venture’s investment.
“This follow-on investment proves that the emerging spatial + AI computing has a lot of excitement for the era of computing and the display technology that will help to unlock what happened at a later time,“Said Mike nunenSwov CEO. “These funds of our existing IAG Capital Partners and the new investor Samsung Venture will help to accelerate the commercialization and application of our novel’s Holphic display technology at the center of the next generation’s spatial computing platformThe “
Established in 2022, the company spread from the IMEC and used CMOS chip technology for production. Sweave chipsets develop to provide first spatial computing to the reality driven by AI. The company’s Holphic Extended Reality (HXR) display technology is the first to achieve the true Holphy by sculpting lightwives in natural, high-resolution images.
The goal of owned technology is to allow compact form factors with a natural viewing experience.
Swev’s HXR Technology CMOS Chip-based technology to “make” “to make” “to make”The smallest pixel in the world“, Which shapes the light to sculpt 3D images of high-quality, this technology effectively eliminates the need for a wevagide and enables 3D visualization and interaction, the platform of Swov is located in the use of multiple displays and transform spatial computers into form factories.
Swev announced a fund of the $ 27 million series in her 2025 (As reports by EU-Startps), Which followed the $ 10 million seed round in Sweave in 2023 (Reported by EU-Startups) These additional funds will support the continuous development of the HXR technology of Swov, as well as expand the company’s market efforts.
According to swov, AR devices are currently in prototypes or markets all over high expenditure, uncomfortable size and weight, significant energy usage and visual events such as Virgin-Acodation conflict, which causes nausea or fatigue for users.
Where they argue that Swev’s HXR technology not only solves these problems, but also eliminates the requirements of the most expensive components such as wevguids or verifocal lenses, inherently necessary for existing AR devices.
https://www.youtube.com/watch?v=3xbv-ofnc4
In addition to this new fund, Swev Derek is announcing the appointment of CFO and corporate development as the head of the corporate development.
Jensen brings experience in main technology sectors such as financial activities, corporate development and AR, smart devices and semiconductor. He was recently the Chief Financial Officer of the SK Growth Aquare Corporation, where he also served as a member of the board, led a multi-billion dollar unification that made a new public nasdak list.
“Sowave is creating breakthrough technology that will accelerate the adoption of smartglass and other emerging spatial computing forms“Said JensenThe “I am proud to join a group that is pressing the boundaries of what semiconductor, holographic and AI technologies can do to provide more reality-first user experiencesThe “
“Derek’s invaluable skills for finance, technology and operational hardness appear at an important moment for swov“Added NewThe “His leadership would be a driving force to help us maximize our opportunities in this new age of AI computingThe “
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