Envisics Picks Up £42M For Holographic Vehicle Tech

Mar 09, 2023•almost 3 years ago

Amount Raised

£42 Million

Milton KeynesAutomotive

Investors

TarsadiaGeneral Motors VenturesYounghoon Han, Vp And Head Of Electronic Control And Convenience At Hyundai MobisStellantisIn Motion VenturesGeneral MotorsEnvisicsHyundai MobisJaguar Land Rover

Description

A startup making heads-up displays to project holograms in vehicles has attracted investment from Jaguar Land Rover and Hyundai Mobis in a $50m (£42.2m) funding round.

Company Information

Company

Envisics

Location

Milton Keynes, England, United Kingdom

About

Envisics is a globally renowned innovator in dynamic holography, developing new technologies for the future of head-up display (HUD) and augmented reality (AR). Driven by our Dynamic Holography Platform, our mission is to redefine the way people see and interact with their vehicles and the world around them. Holographic augmented reality in head-up displays (AR-HUD) overlays pertinent and useful information upon the real world, all within the driver’s field of view, enhancing their ability to make informed decisions. Headquartered in Milton Keynes, United Kingdom with a presence in the United States and Europe, our team consists of highly talented individuals including world-leading scientists and engineers. We pride ourselves in adopting a positive working environment, encouraging innovation, creativity and collaboration across all areas of the business. Our technology is truly ground-breaking; coupled with our partnerships with some of the world’s leading automakers and tier-one suppliers, Envisics is creating the future of holographic technology, giving rise to the reality of smarter and safer vehicles.

Related People

2 contacts

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends