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High Tech Series A Founded 2022

Swave

Swave develops XR technology for the metaverse that projects holographic images without requiring XR headsets or display hardware. The technology is applicable to high-resolution displays, body motion tracking, and wearable devices. Founded in 2022 and headquartered in Leuven, Belgium, Swave has raised approximately $45.5M in Series A funding from investors including EIC Fund, Acequia Capital, imec.xpand, Qbic Fund,…

📍 Leuven, Belgium · Augmented Reality,

Funding snapshot

Last roundSeries A
Amount$7M
Date25 June 2025
Total raised$45M
Team size46

About

Swave develops XR technology for the metaverse that projects holographic images without requiring XR headsets or display hardware. The technology is applicable to high-resolution displays, body motion tracking, and wearable devices. Founded in 2022 and headquartered in Leuven, Belgium, Swave has raised approximately $45.5M in Series A funding from investors including EIC Fund, Acequia Capital, imec.xpand, Qbic Fund, Samsung Venture Investment, and Murata Electronics. The company employs 46 people and leverages holographic display chip technology based on photonics. Swave's approach eliminates the need for bulky headsets by projecting true holographic images that can be viewed with the naked eye, potentially transforming augmented reality experiences for consumer, automotive, and professional applications.

Business model

Augmented Reality > Technology Providers > Holographic Display Chips,

Photonics > Photonic Integrated Circuits > Application-specific PICs > Holographic Extended Reality

Institutional investors

EIC Fund Acequia Capital imec.xpand Qbic Fund Luminate Flanders Future Techfund SFPIM IAG Capital Partners PMV Imec Murata Electronics North America Samsung Venture Investment

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