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Home World Regional News Europe

Belgian HXR platform Swave picks up €7 Million

Femi Thomas by Femi Thomas
06/29/2022
in Europe
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Swave Belgium

Swave Belgium

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elgium-based Holographic eXtended Reality (HXR) technology platform Swave Photonics has raised €7 million in funding to bring the metaverse to life. 

The funding will go a long way in the realistic and immersive commercialization of 3D HXR gigapixel technology for a wide range of emerging applications.

 Going forward, the startup plans to partner with AR/VR/XR and metaverse platforms, so companies can have a shared, lifelike 3D experience of meeting around a conference table.

The round was co-led by imec.xpand and Flanders Future Techfund (FFTF) and backed by QBIC.

The Belgian startup is delivering lifelike, high-resolution 3D images that are viewable with the naked eye, with no compromises. 

HXR technology enables 1000x better pixel resolution with billions of tiny, densely packed pixels to enable true realistic 20/20 vision without requiring viewers to wear smart AR/VR headsets or prescription glasses.

Theodore Marescaux, CEO and founder of Swave Photonics said: “Our aim is to help build the fundamental holographic technology to bring the metaverse to life and work. 

True, lifelike, and immersive metaverse experiences powered by Swave technology are poised to replace every AR/VR display and headset to the point where virtual, augmented or eXtended reality is practically indistinguishable from the real world.”

 

Read more on Tech Gist Africa:

Norway’s Ignite Procurement raise $7.1 million

Ireland’s Luminate Medical receives with $5 Million

Belgian health tech Lynxcare raise €20 million

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