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Swave

Fabless semiconductor designer of holographic chips

Overview

Swave Photonics designs holographic chips (HXR) as a fabless semiconductor company spun out from imec. Their HXR chips use diffractive photonics to project high-resolution 3D holographic images viewable with the naked eye, aiming to reduce vergence-accommodation issues in AR/VR. The chips feature sub-300 nm pixel pitches and are manufactured with standard CMOS processes through outsourcing, and Swave provides development kits for device makers and content creators in AR/VR/XR. The goal is to scale production and partner with display makers to bring realistic holographic experiences to devices like AR glasses, HUDs, and other XR applications.

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About Swave

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Industries

HardwareIndustrial & ManufacturingVR & ARAI & Machine Learning

Company Size

51-200

Company Stage

Series A

Total Funding

$49.8M

Headquarters

Leuven, Belgium

Founded

2022

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Funding

Total Funding

$49.8M

Above

Industry Average

Funded Over

5 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$6.6M
$8.2M
$15M
$30M

Benefits

  • Flexible Work Hours
  • Remote Work Options
  • Hybrid Work Options

Company News

EU-Startups
Jun 27th, 2025
Belgian Swave Photonics bags an additional €6 million for their AR technology

In addition to this new funding, Swave is announcing the appointment of Derek Jensen as CFO and Head of Corporate Development.

InfoTechLead
Jun 26th, 2025
VC funding: Swave Photonics, DataBahn.ai, Foresight, Centific

Swave Photonics, a Leuven and Silicon Valley - based holographic display player led by CEO Mike Noonen, raised an additional €6 million in a follow-on Series A round led by IAG Capital Partners, with new investment from Samsung Ventures.

FinSMEs
Jun 25th, 2025
Swave Photonics Raises Additional €6M in Series A Funding

Swave Photonics, a Leuven, Belgium-based holographic display company, raised additional €6M in Series A funding.

EE News Europe
Jun 25th, 2025
Swave Photonics secures €6m from Samsung

Swave Photonics in Belgium has secured an additional €6 million ($6.9 million) in funding from Samsung Ventures to advance its holographic display chip technology. This investment follows a $27 million Series A round in January and will support the development of Swave's Holographic eXtended Reality (HXR) technology. The funding aims to accelerate the commercialization of Swave's novel holographic display platform for next-generation spatial computing in wearables and AI smart glasses.

Swave Photonics
May 18th, 2025
EU warning to Musk ahead of Trump interview draws ire of X

Swave is also working on Heads Up Displays (HUDs) for vehicles as well as a so-called spatial light modulator.This device would create holograms without the need for glasses at all.

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