Brussels-based VoxelSensors, a company that blends the physical and digital worlds through revolutionary 3D perception solutions, announced that it has secured €5M in a seed round of funding.
The round was led by Belgium-based venture capital firms Capricorn Partners and Qbic, with participation from the investment firm finance&invest.brussels, existing investors, and the team.
VoxelSensors claims to be a pioneer in 3D perception, developing “cutting-edge” sensors and solutions for the integration of the physical and digital worlds.
The company’s proprietary and patented Switching Pixels Active Event Sensor (SPAES) technology is a new category of ultra-low power and ultra-low latency 3D perception sensors for Extended Reality (XR) to blend the physical and digital worlds.
According to VoxelSensors, SPAES is a game-changing invention that enables complete immersive experiences in consumer electronics as well as enterprise AR/VR/MR wearables.
VoxelSensors says it will use the funds to further develop its roadmap, appoint key employees, and strengthen business engagements with customers in the US and Asia. Moreover, the company also intends to raise funds to back its ambitious growth plans.
The company also mentioned in a statement that it will showcase the “breakthrough” technology at the Augmented World Expo (AWE) US 2023 from May 31 to June 2, 2023.
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