Swave Photonics, a true holographic display company, announced an additional €6 million ($6.97 million) in funding as part of a follow-on investment to the company’s Series A round. The funding round was led by IAG Capital Partners and includes an investment from Samsung Ventures.
What Swave does: Swave is developing a true holographic display platform for the Spatial + AI Computing era. And Swave’s Holographic eXtended Reality (HXR) technology uses diffractive photonics on CMOS chip-based technology to create the world’s smallest pixel, which shapes light to sculpt high-quality 3D images.
This technology eliminates the need for a waveguide, and by enabling 3D visualization and interaction, Swave’s platform is positioned to transform spatial computing across multiple display use cases and form factors.
Swave announced its €27 million ($28.27 million) Series A funding round in January 2025, which followed Swave’s €10 million ($10.47 million) Seed round in 2023. This additional funding will support the continued development of Swave’s HXR technology, as well as expanding the company’s go to market efforts.
KEY QUOTES:
“This follow-on investment demonstrates that there is tremendous excitement for the emerging Spatial + AI Computing era, and the display technology that will help unlock what comes next. These funds from our existing investor IAG Capital Partners and new investor Samsung Ventures will help Swave accelerate the commercialization and application of our novel holographic display technology at the heart of next-generation spatial computing platforms.”
Mike Noonen, Swave CEO
