VividQ, a deep tech software firm headquartered in Cambridge, has secured $7.5 million (£5.7 million) in Series A funding, pushing its total funding to over $30 million. Reports Technology News
Founded in 2017 by Darren Milne and Tom Durrant, VividQ specializes in advanced holographic technology, delivering cutting-edge 3D and holographic visual experiences. The startup provides both software and hardware solutions, holding intellectual property in the realm of holographic displays. The company’s technology is often described as something reminiscent of science fiction.
This funding round was led by Foresight Group LLP and attracted new investors, including GameTech Ventures and New York-based Ruttenberg Gordon Investments, along with continued support from existing backers.
The new capital injection will accelerate VividQ’s product development, enabling the company to bring its proprietary technology to a broader range of global business partners.
“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 organisations 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,” said Milne, CEO of VividQ.
He added: “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.”