VividQ’s co-founders are proud to announce the lead investor of the ongoing £3m funding round.
Suir Valley Ventures are the entrepreneur-led venture capital fund launched in partnership with Shard Capital Partners LLP, investing in early-stage software companies across a range of high-tech verticals including Augmented Reality (‘AR’) and Virtual Reality (‘VR’), Artificial Intelligence (‘AI’), and the Internet of Things (‘IoT’). The investment will enable VividQ to accelerate the adoption of their hologram generating software. We aim to double our Cambridge and London-based teams to implement further developments to the software framework and complete ongoing customer projects, to productise devices using holographic display in 2020.
Suir Valley Venture Managing Partner, Barry Downes, said, “We are delighted to lead the £3million investment round in VIVIDQ Limited. Darran and his team have the unique combination of the world-leading expertise and the pioneering, proprietary software technology that is the missing piece needed for the mass adoption of holography, which will radically enhance and grow the AR and digital display industry.”
VividQ’s CEO, Darran Milne, said, "Suir Valley have been great to work with, both for their professionalism and deep understanding of the companies they invest in and the technology behind them. They demonstrate the kind of vision and passion that the deep tech companies of today need to accelerate bringing truly disruptive solutions to market."