Envisics, a UK-based holographics company building in-car technology that projects navigation, safety alerts and other data onto the inside of a windscreen, has closed a $100 million Series C round.
The previous $50 million round was led by Hyundai Mobis, with participation from InMotion Ventures, the investment arm of Jaguar Land Rover, and Stellantis.
General Motors has confirmed that Envisics’ second-generation displays will be available in the electric Cadillac Lyriq, but could not be reached in time to provide a timeline or additional details.
Dr. Jamieson Christmas, founder and CEO of Envisics, told TechCrunch in March that its first HUDs with GM are “remarkably, absolutely on track to be released this year.”
However, given the startup’s backers, it’s possible we’ll begin to see automakers like Stellantis, Hyundai and SAIC Motor start announcing similar tech.
For its part, BMW has unveiled two concept cars — Dee and Vision Neue Klasse — that both feature AR HUDs.
The original article contains 417 words, the summary contains 155 words. Saved 63%. I’m a bot and I’m open source!
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Envisics, a UK-based holographics company building in-car technology that projects navigation, safety alerts and other data onto the inside of a windscreen, has closed a $100 million Series C round.
The previous $50 million round was led by Hyundai Mobis, with participation from InMotion Ventures, the investment arm of Jaguar Land Rover, and Stellantis.
General Motors has confirmed that Envisics’ second-generation displays will be available in the electric Cadillac Lyriq, but could not be reached in time to provide a timeline or additional details.
Dr. Jamieson Christmas, founder and CEO of Envisics, told TechCrunch in March that its first HUDs with GM are “remarkably, absolutely on track to be released this year.”
However, given the startup’s backers, it’s possible we’ll begin to see automakers like Stellantis, Hyundai and SAIC Motor start announcing similar tech.
For its part, BMW has unveiled two concept cars — Dee and Vision Neue Klasse — that both feature AR HUDs.
The original article contains 417 words, the summary contains 155 words. Saved 63%. I’m a bot and I’m open source!