2 years ago
Envisics Secures £42.2 Million to Advance Holographic HUD Technology for Vehicles
UK-based Envisics, a developer of holographic heads-up displays for vehicles, has raised £42.2 million (approximately $50 million) in a Series C funding round
The investment was led by Hyundai Mobis, with participation from Jaguar Land Rover's investment arm, InMotion Ventures, and Stellantis, among others
The funding will support Envisics' continued development of its holographic HUD technology and its expansion into new markets.
ProblemTechnology
"Drivers need a safe and effective way to access critical driving information and entertainment while keeping their eyes on the road."
Solution
"Envisics develops holographic augmented-reality heads-up displays that project information directly into the driver's line of sight, creating a safer and more engaging driving experience."