VividQ funding news – London-based VividQ Secures Additional $7.5Million in Series A Round Funding

VividQ produces holographic and three-dimensional visual experiences. In order to incorporate its cutting-edge software and hardware solutions into augmented reality (AR), virtual reality (VR), automotive head-up displays, and other consumer electronics, the business has teamed with top original equipment manufacturers (OEMs), such as JVCKenwood. The Cambridge, UK-based company was founded in 2017 and has teams and partners in the United States and Japan.

Darran Milne, Founder and CEO of VividQ said, “Spatial computing is rapidly growing as a consumer category, driven in part by the release of the Apple Vision Pro headset and advancements in generative AI from organizations such as Meta, which are pushing the extended reality (XR) industry beyond gaming to deliver immersive experiences across sports, entertainment, and everyday activities such as driving, While some of the biggest brands are navigating significant technical challenges to achieve mass consumer adoption, VividQ's technology provides the solutions they need to deliver consumer-grade immersive experiences. Not only are we defining human-machine interaction beyond the headset, making science fiction a reality, but we are also setting the standard for the future of holographic display technology."

In the upcoming year, the company plans to create a U.S. office and hire a U.S. lead due to its success in providing OEM services to gaming and automotive clients in Japan and the U.S. VividQ's product development plan will be accelerated by the new fundraising round, opening up access to its proprietary technology for both new and current international business partners.

Chris Wiles, Investment Director at Foresight Group said, "VividQ has accelerated the commercialization of their breakthrough computer-generated holography technology and is well placed to capitalize on the next generation of AR/VR hardware, We are thrilled to lead VividQ's Series A funding round and look forward to supporting them with their U.S. expansion plans."

Developing consumer electronics displays and VR/AR headsets, VividQ has already established multi-year agreements with Fortune Global 500 firms, JVCKenwood, and American pioneers in display and automotive technologies.

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Yoshio Sonoda, CTO at JVCKenwood commented: “Holography will deliver a paradigm shift in consumer experiences, especially in a market like VR, where limitations in current technology are holding it back from delivering the kind of jaw-dropping experience that consumers want. We are really pleased to be partnering with VividQ and seeing our cutting-edge LCoS displays be used to push the boundaries of VR and AR.”

About VividQ

In AR gaming, VividQ is spearheading a visual revolution. Players will find it difficult to leave the immersive augmented reality experiences that device makers, game developers, and content providers may create thanks to its cutting-edge holographic technology.