Envisics, a pioneering holographic tech company based in Milton Keynes, has successfully raised £80 million in funding. This milestone was achieved through its Series C funding round, which included new investment from M&G Investments and a follow-on investment from Van Tuyl Companies.
This achievement is noteworthy considering Envisics’ inclusion in our prestigious TransportTech 50 ranking last year. In March of this year, Envisics announced the completion of the first phase of funding, raising over $50 million. Notably, this round was led by Hyundai Mobis and saw additional investments from strategic shareholders InMotion Ventures and Stellantis.
Envisics’ holographic technology revolutionizes augmented reality head-up displays for both vehicle manufacturers and consumers. CEO and founder Dr. Jamieson Christmas expressed pride in the company’s ability to attract high-quality strategic investors, highlighting their progress in developing and delivering dynamic holography at scale to the world’s leading automakers.
The recent investment from M&G Investments, along with the expanded investor group, serves as a vote of confidence in Envisics’ growth potential and its role in transforming next-generation mobility experiences. Mitchell Caplan, president of Tarsadia Investments and chairman of Envisics Inc., commended Dr. Christmas and the Envisics team for the momentum they have built, emphasizing the impressive roster of both returning and new investors.
Envisics Ltd, a UK-based private company owned by Envisics Inc., a Delaware corporation, is headquartered and registered in the UK. This strong close to the Series C funding round speaks to the promising future of Envisics and its holographic technology in the rapidly evolving tech industry.
For more information about innovative companies in the transport technology sector, check out our article on the TransportTech 50 – UK’s most innovative transport technology creators for 2022. Additionally, learn about the importance of thinking big for tech founders seeking investment in our insightful piece titled “Tech founders must ‘think big’ if they want investment.”
