- Light Field Lab announced it raised $50 million. These are the details.
Light Field Lab, the developers of the SolidLight holographic display platform, announced it had raised a $50 million Series B led by global game developer NCSOFT. New investors Corning, Gates Frontier, LG Tech Ventures, NCSOFT, and OTOY are joined by additional participation from current shareholders Khosla Ventures, the venture capital arms of Samsung, Verizon, Bosch, Forvia, Liberty Global, and national technology fund Taiwania Capital. Light Field Lab also unveiled Defy experiences, the first of which, Space and Time, allows you to speak and interact with SolidLight holograms. The latest financing will drive the productization of SolidLight systems with implementations across a variety of enterprise and location-based entertainment applications.
Defy experiences, powered by Light Field Lab’s WaveTracing software, integrate with industry-standard content development engines, to support real-time interaction with SolidLight holograms.
Recently recognized as one of TIME’s Best Inventions, SolidLight is the highest-resolution holographic display platform ever designed to enable real digital objects to form in mid-air without headgear. This hardware features self-emissive bezel-less panels that assemble into modular holographic video walls.
SolidLight technologies combine to offer a turn-key system solution for a wide range of next-generation experiences. And Defy is powered by Light Field Lab’s proprietary real-time WaveTracing software.
KEY QUOTES:
“Light Field Lab is building the future of immersive experiences and we are pleased to support the team in bringing true holograms to life. Being able to see, deliver and interact with 3D content without any assistive peripheral devices will substantially advance the consumer adoption of SolidLight, not just in the entertainment space, but also the way in which we interact and collaborate through remote technologies.”
— Dr. Songyee Yoon, chief strategy officer, NCSOFT
“Light Field Lab’s SolidLight technology will change the way people consume content, providing immersive full-sensory holographic experiences that are indistinguishable from reality. Our investment and partnership with Light Field Lab underscores LG’s interest in bringing next-generation displays to market.”
— Dong-Su Kim, CEO of LG Technology Ventures
“Defy provides a unique glimpse into our vision of the future where physical people, places and things can be digitally transported with nothing but light. We are grateful to be supported by a syndicate of visionary investors and partners on our journey building the holographic future.”
— Jon Karafin, CEO of Light Field Lab
