In General XR News
June 25, 2025 – Swave Photonics, a provider of holographic display technology, has today announced an additional EUR €6M (USD $6.9M) in funding as part of a follow-on investment to the company’s Series A round.
The funding was led by IAG Capital Partners and includes a strategic investment from Samsung Ventures. Swave stated that this latest funding will support the continued development of its HXR technology, as well as expanding the company’s go-to-market efforts.
Swave states that it is developing the world’s first true holographic display platform for the Spatial and AI Computing era. The company’s Holographic eXtended Reality (HXR) technology uses diffractive photonics to sculpt lightwaves into natural, high-resolution 3D images to create “the world’s smallest pixel.”
According to Swave, this effectively eliminates the need for a waveguide and enables spatial computing technology that can support multiple display use cases, enable a compact form factor, and deliver a more natural viewing experience.
“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,” said Mike Noonen, Swave CEO.
“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.”
In January this year Swave announced its €27M ($28.27M) Series A funding round, which itself followed a €10M ($10.47M) Seed round in 2023.
For more information on Swave Photonics and its holographic display technology for augmented reality smart glasses, please visit the company’s website.
Image credit: Swave Photonics
About the author
Sam is the Founder and Managing Editor of Auganix. With a background in research and report writing, he has been covering XR industry news for the past seven years.