Light Field Lab raises $28 million to build holographic ecosystem
Light Field Lab, a company developing holographic display technologies, announced the close of a $28 million Series A led by Bosch Venture Capital and Taiwania Capital with strategic investment from [Samsung Ventures], Verizon Ventures, Comcast, Liberty Global Ventures, NTT Docomo Ventures, Inc. and Hella Ventures, with financial investors Khosla Ventures, Alumni Ventures Group, R7 Partners, and Acme Capital.
Light Field Lab will use the funds to scale its display technology from prototype to product, enabling holographic objects to float in space without head-mounted accessories. The company aims to bring real-world holographic experiences to life with up to hundreds of gigapixels of resolution, including modular video walls for live events and large-scale installations.
Although Light Field Lab will initially target large-format location-based entertainment venues, a version of its holographic technologies will ultimately be developed for the consumer market. These partnerships pave the path toward widespread industry adoption and market expansion with strategic investors excited to participate in the holographic ecosystem.
“Light Field Lab’s technologies not only enable the creation of real holographic objects, but also new innovations for automotive lighting that help us harness light to transform automotive interfaces and illumination systems,” said Dr. Michael Kleinkes, member of the executive board and head of Lighting Development at Hella.
“The industry response has been extremely enthusiastic as demonstrated by the strength of our investors,” said Jon Karafin, CEO, Light Field Lab. “We look forward to working with our syndicate of manufacturing, content creation, and distribution partners to uncover opportunities and alliances across a range of vertical markets as we take our technology to the next phase.”