Light Field Lab raises $28M to build holographic ecosystem

Aug 12, 2019 at 09:38 am by Press Release

Light Field Lab

Light Field Lab, Inc., a company developing holographic display technologies, announced Monday, Aug. 12 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 event and large-scale installations.

Ingo Ramesohl, Managing Director of Bosch Venture Capital commented, "Light Field Lab's holographic display technologies enable entirely new business opportunities across consumer and enterprise markets. Light Field Lab has the leadership and technical expertise to bring this vision of the holographic future to life."

Imagine your best photo ever

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 forward towards widespread industry adoption and market expansion with strategic investors excited to participate in the holographic ecosystem.

"Light Field Lab's holographic displays are the most exciting new technology we have seen in the entertainment space to date. We are thrilled to meaningfully participate in their Series A and are well positioned to help them align with the industry's top content creators to accelerate holographic media distribution on next-generation networks," said Ankur Prakash, VP Liberty Global Ventures.

In addition to holographic displays, Light Field Lab's technology includes the hardware and software platform required for content distribution.

According to Kristina Serafim, Investment Director, Verizon Ventures, "Verizon's new 5G network features the high bandwidth, low latency, speed and throughput to deliver next generation content. Light Field Lab's innovative solution will help build the 5G future for Verizon's consumer, business, network and media customers."

"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." 

Lead investors

Bosch Venture Capital

"Light Field Lab's holographic display technologies enable entirely new business opportunities across consumer and enterprise markets. Light Field Lab has the leadership and technical expertise to bring this vision of the holographic future to life," said Ingo Ramesohl, Managing Director, Bosch Venture Capital. www.bosch.com

Taiwania Capital

"Light Field Lab's holographic display technologies are a new frontier in the display space. The team has created something that was once considered science fiction, but now exists in reality. This enables new business opportunities and unlocks digital environments that no one has seen before," said Huang Lee, Managing Partner, Taiwania Capital. www.taiwaniacapital.com 

Strategic Investors

HELLA Ventures

"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, Head of Lighting Development at HELLA. www.hella.com

Liberty Global Ventures

"Light Field Lab's holographic displays are the most exciting new technology we have seen in the entertainment space to date. We are thrilled to meaningfully participate in their Series A and are well positioned to help them align with the industry's top content creators to accelerate holographic media distribution on next-generation networks," said Ankur Prakash, VP Liberty Global Ventures. www.libertyglobal.com

Verizon

"Verizon's new 5G network features the high bandwidth, low latency, speed and throughput to deliver next generation content. Light Field Lab's innovative solution will help build the 5G future for Verizon's consumer, business, network and media customers," said Kristina Serafim, Investment Director, Verizon Ventures. www.verizonventures.com

Financial Investors

ACME Capital

"The team at Light Field Lab continues to push the envelope to redefine display technology. The advancements they have made over the last year are nothing short of incredible, and we look forward to taking part in this next phase of development," said Scott Stanford, Co-Founder and Partner, ACME Capital. www.acme.vc

Alumni Ventures Group

"Light Field Lab is positioned to change the game for display. The ability to replace physical objects with photons of light will impact every industry," said Anton Simunovic, Chief Investor Officer, Alumni Ventures Group. www.avgfunds.com

Khosla Ventures

"Light Field Lab's technology is first to shift the paradigm in the display space since the transition from black and white to color. It's amazing how quickly this team has made holographic displays a reality," said Vinod Khosla, Partner, Khosla Ventures. www.khoslaventures.com

R7 Partners

"Imagine a day when you can no longer distinguish real things from synthetic objects. Light Field Lab's holographic technology is the future of display. The things we have seen are beyond comprehension, and we are thrilled to be a part of this journey," said Tyler Engh, Co-Founder and Partner, R7 Partners. https://r7partners.com




Sign up for our newsletter

This website uses cookies to ensure you get the best experience possible More Info
Got it!