×

Light Field Lab Raises $28 Million to Build Holographic TVs

Holographic display startup Light Field Lab has raised a $28 million Series A round of funding led by Bosch Venture Capital and Taiwania Capital. The San Jose-based startup wants to use the new cash infusion to build holographic displays, and eventually produce TVs that can recreate 3D holograms.

The company, which came out of stealth a little over 2 years ago, isn’t just talking about far-out futuristic display tech: Light Field Lab has actually developed a working prototype — a small display measuring 4 by 6 inches that’s capable of projecting 3D holograms into thin air.

The company gave Variety a demo last year, showing off a number of manipulations that wouldn’t be possible with the types of hologram-like illusions like the infamous Tupac hologram. “We are doing things that are real hard tech,” Light Field Lab CEO Jon Karafin said at the time.

Karaffin told Variety last week that the company had been busy improving its technology in recent months. “Some of the most significant updates include improved brightness and detail, increased depth of the projected objects, lots of new video examples, as well as real-time and interactive holographic demonstrations,” he said.

“Light Field Lab’s holographic display technologies enable entirely new business opportunities across consumer and enterprise markets,” said Bosch Venture Capital managing director Ingo Ramesohl. “Light Field Lab has the leadership and technical expertise to bring this vision of the holographic future to life.”

Light Field Lab wants now wants to turn its prototype display into a real product. The company aims to produce modular display units, which can then be combined to larger screen sizes that could find their into large entertainment venues. “Our target is to be competitive with the premium LED video wall market once we’re in volume production,” Karafin told Variety last year.

Ultimately, the company plans to bring its technology to the consumer marketplace as well, and build TV screens capable of playing 3D holographic content. “Light Field Lab’s holographic displays are the most exciting new technology we have seen in the entertainment space to date,” said Liberty Global Ventures vice president Ankur Prakash. “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 and accelerate holographic media distribution on next-generation networks.”

The Series A funding round was joined by Samsung Ventures, Verizon Ventures, Comcast, Liberty Global Ventures, NTT Docomo Ventures, Inc., HELLA Ventures, Khosla Ventures, Alumni Ventures Group, R7 Partners, and Acme Capital. Altogether, Light Field Lab has now raised some $35 million in funding.

Popular on Variety

More Digital

  • Geneva Wasserman

    Condé Nast Taps Film Veteran Geneva Wasserman as SVP of Motion Pictures

    Condé Nast Entertainment hired Geneva Wasserman as senior vice president of motion pictures, overseeing development of the media company’s slate of feature film properties. Wasserman, a nearly 20-year veteran of the entertainment industry, most recently served as co-founder and executive producer of production firm Project Z Entertainment. She takes over the role at CNE after [...]

  • A view of the SK Telecom

    Korean Regulators Approve Four-Way Streaming Merger

    South Korean regulators have approved the merger of the video services of three local broadcasters and SK Telecom’s streaming app Oksusu. The new service, operating under the name Wavve will launch in September and be Korea’s largest. Proposed in January as a measure to combat the incursion of international video players, the deal was given [...]

  • siriusxm on playstation

    SiriusXM Announces $4 Streaming Plan for Students

    SiriusXM took another step towards taking its subscription service past the car Tuesday: The company announced a new student subscription tier that gives eligible college students access to music and talk radio stations on their mobile and connected devices for $4 per month. Some of the content available for this price includes SiriusXM’s more than [...]

  • Mission - Impossible - 1996

    Stan Australian Streamer Inks Content Deal With Paramount

    Stan, the Australian streaming video firm owned by Nine Entertainment, has signed a content supply deal with Paramount Pictures. The multi-year agreement adds to Stan’s line up of arrangements with Hollywood suppliers that already includes MGM, Disney, and Lionsgate. Subscription video has taken off hugely in Australia, where there are now an estimated 12.3 million [...]

  • Good Boys Movie

    ‘Good Boys’ Again Tops Studios’ TV Ad Spending

    In this week’s edition of the Variety Movie Commercial Tracker, powered by the always-on TV ad measurement and attribution company iSpot.tv, Universal Pictures claims the top spot in spending for the second week in a row with “Good Boys.” Ads placed for the comedy had an estimated media value of $4.42 million through Sunday for [...]

  • Janice Lee

    Asian Streamer Viu Adds Wattpad Development Deal

    Multi-territory Asian video streaming service Viu has struck an original content deal with tech-driven story firm Wattpad. Together they aim to develop film and TV series under the Viu Original label. Canada-based Wattpad hosts a vast library of user-generated stories, with a claimed user base of 80 million, including 22 million in the Asia Pacific [...]

  • Oculus Go Product Shot

    Former Oculus Head of Mobile VR Max Cohen Leaves Facebook

    Early Oculus staffer Max Cohen, who at one point led mobile product for the VR unit, has left Facebook this week, Variety has learned. Cohen’s departure is just the latest staff defection for Facebook’s VR team, which recently also lost its head of VR product, Oculus co-founder Nate Mitchell. A Facebook spokesperson declined to comment. [...]

More From Our Brands

Access exclusive content