VividQ Secures Funding for Advancing Computational Holography

Since its formation in 2017, VividQ has been making waves in the tech industry, and the recent addition to its Series A funding round has further solidified its position. The company recently raised over US$30 million, with the latest investment led by Foresight Group LLP and joined by new investors like GameTech Ventures and Ruttenberg Gordon Investments (RGI), alongside existing backers.

In a statement, Darran Milne, the founder and CEO of VividQ, highlighted the rapid growth of spatial computing as a consumer category. He pointed to recent advancements in generative AI and the release of products like the Apple Vision Pro headset as key drivers pushing the extended reality (XR) industry beyond gaming into various immersive experiences across sports, entertainment, and everyday activities.

VividQ has already seen success in supplying original equipment manufacturers (OEMs) in the gaming and automotive sectors in Japan and the US. With plans to open a US office, the company aims to further expand its reach and impact. The latest funding injection will play a crucial role in supporting these expansion efforts and advancing its product development roadmap.

Earlier this year, VividQ announced a significant partnership with JVC-Kenwood (JKC), marking a milestone in the company's journey. The collaboration has already borne fruit, with the successful display of "retina resolution" holograms using a cutting-edge 4K-resolution liquid crystal on silicon (LCoS) display from JVC-Kenwood.

Yoshio Sonoda, the CTO at JVC-Kenwood, expressed enthusiasm about the partnership, emphasizing the potential of holography to revolutionize consumer experiences, particularly in the VR market. He praised VividQ for pushing the boundaries of VR and AR with their innovative approach and leveraging JVC-Kenwood's advanced display technology to deliver truly immersive experiences.