Swave Photonics has secured €27M ($28.27M) in Series A funding to enhance its Holographic eXtended Reality (HXR) technology, aimed at revolutionizing augmented reality experiences.

Information on the Target

Swave Photonics is a pioneering company specializing in true holographic display technology. The company has developed the Holographic eXtended Reality (HXR) platform, designed to enhance augmented reality (AR) experiences by providing a reality-first user interaction through advanced AI capabilities. Recently, Swave completed a €27M ($28.27M) Series A funding round that aims to expedite the commercialization of their innovative technology, particularly for use in smart glasses and heads-up displays.

Established in 2022, Swave has rapidly evolved from its initial seed funding of €10M ($10.47M) in 2023, significantly bolstering its team with experts in photonics and semiconductors. The company's HXR technology utilizes extremely small pixels to manipulate light, creating high-quality 3D holographic images that adapt to the user’s environment, thereby offering a seamless interaction experience.

Industry Overview in Belgium

Belgium has a burgeoning technology sector, driven by a combination of robust research institutions and innovative startups. The increasing emphasis on digital solutions, including augmented and virtual reality (AR/VR), positions the coun