Switzerland-based CREAL is
developing a light-field display which it hopes to bring to VR headsets and
eventually AR glasses. In November the company raised CHF 6.5 million (~$7.2
million) in a Series A+ investment round to bring on new hires and continue
miniaturizing the company’s light-field tech. Creal says it closed its Series
A+ investment round in mid-November, raising CHF 6.5 million (~$7.2 million)
led by Swisscom Ventures with participation by existing investors Investiere,
DAA Capital Partners, and Ariel Luedi. The new funding marks ~$15.5 million
raised by the company thus far. Over the last few years, we’ve seen Creal make
progress in shrinking its novel light-field display with the hopes of fitting
it into AR glasses. Compared to the displays used in VR and AR headsets today,
light-field displays generate an image that accurately represents how we see
the real world.
Specifically, light-field
displays support both vergence and accommodation, the two focus mechanisms of
the human visual system. Creal and others say the advantage of such displays is
more realistic and more comfortable visuals for VR and AR headsets. For more on
light-fields, see our explainer below. Having demonstrated the fundamentals of
its light-field tech, Creal’s biggest challenging is miniaturizing it to fit
comfortably into AR glasses while maintaining a wide enough field of view to
remain useful. CREAL doesn’t expect to bring its own headset to market but is
instead positioning itself to work with partners and eventually license its
technology for use in their headsets. The company aims to build a complete
technology package for the next-generation AR glasses, which will likely take
the form of a reference design for commercialization.
More information:
https://www.roadtovr.com/creal-light-field-display-series-a-plus-investment/