270 employees set to benefit from liquidity program this year.

SAN JOSE, Calif., Feb. 9, 2023 — Tredence, the Data Science and AI Solutions company, today announced its largest ESOP buyback programme worth $30 million (INR 240 Cr) on the heels of a Series B funding of 175 million USD from Advent International.

The buyback will include over 270 employees globally. Eligible employees will participate in the repurchase and liquidate 40% of their vested ESOP units. At 5x the book price of each unit, this program provides liquidity options and will be a wealth-creation opportunity for the organization’s leading employees.

“Tredence embraces a transformative leadership framework we call ACE: Advisor to the Customer, Coach-Captain to the Team and Entrepreneur to the Business. The framework aims to institutionalize a ‘Founder’s Mindset’ among employees that provides an exploratory environment for bold innovation. The buyback program will recognize and reward employees who strive every day to make Tredence the most indispensable analytics company on the planet,” said Shub Bhowmick, Chief Executive Officer & Co-founder, Tredence.

“We are excited about Tredence’s next stage of growth. Our employees are the force behind our success, and we are delighted to recognize their outstanding efforts. This investment is a testament to our commitment to creating value for our employees and providing them with meaningful wealth-creation opportunities. As we continue to grow & evolve, we remain dedicated to creating a culture of innovation and collaboration. This employee stock buyback program is just one way we demonstrate our commitment to our employees and our shared vision for the future,” said Pratap Daruka, Chief Financial Officer, Tredence.

Tredence currently employs 2,000 people, with 80% of the workforce in India. By the end of 2023, the company plans to expand its workforce to 3,000. Nearly 700 of new employees will be hired in India. Additionally, the expansion will create jobs in North America, Canada and the UK. The company also plans to open a near-shore delivery center in Latin America.

In 2022, Tredence doubled its revenue while raising $175 million in Series B funding from Advent International to strengthen vertical capabilities and reach a broader customer base.

About Tredence Inc.

Tredence is a global data science solutions provider focused on solving the last mile problem in AI. The ‘last mile’ is the gap between insight creation and value realization. Headquartered in San Jose, the company embraces a vertical-first approach and an outcome-driven mindset to help clients win and accelerate value realization from their analytics investments. Tredence is 2000 -plus employees strong with offices in San Jose, Foster City, Chicago, London, Toronto, and Bangalore, with the largest companies in retail, CPG, hi-tech, telecom, healthcare, travel, and industrials as clients.

For more information, please visit www.tredence.com and follow us on LinkedIn.

Logo: https://mma.prnewswire.com/media/1773052/Tredence_Logo.jpg

SOURCE Tredence Inc.

FORTH WORTH, Texas, Feb. 8, 2023 — Tucker Powersports, a leader in powersports distribution and product development, recently announced that the company’s ownership group has secured an addition $10 million in funding for the company. Tucker has over 8000 brick-and-mortar and online retailer customers in the United States.

Monomoy Capital Partners Senior Operating Partner Ethan Klemperer spoke to Tucker suppliers on Wednesday, February 1, 2023 expressing that the ownership group are “big believers in the powersports market” and expressed that they “are committed to the success of Tucker and its partners.”

In the past 24 months, Tucker has become a leader in electric mobility recreation in the powersports industry and has added several exclusive distribution agreements with companies focused on products for the industry’s evolving customer base.

Funding will come from existing sources and will fund Tucker’s current operations and projects driving long term growth for the company.

ABOUT TUCKER POWERSPORTS 

Featuring the most powerful portfolio of parts, accessories and apparel brands in the powersports industry, Tucker distributes top brands and offers its own brands, including Answer, Biker’s Choice, BikeMaster, Bully Locks, CoverMax, DragonFire Racing, FirstGear, Kuryakyn, ProTaper/ProTaper Sport, QuadBoss, Speed and Strength, and TwinPower.

SOURCE Tucker Powersports

Fintech “for the people” aims to deliver data-driven solutions to all Americans

WASHINGTON, Feb. 8, 2023 — Today, fintech startup Nevly announced the launch of its web app, “Nevly Money,” which leverages dramatic advances in financial technology to deliver personalized, data-driven solutions to the 48 million Americans currently struggling with poor credit scores. Nevly Money represents the most comprehensive tool on the market today for consumers who are looking to improve their credit scores. VC partner Tenacity Venture Capital is investing $1.25 million in a pre-seed round.

Nevly Money is designed to provide a solution to consumers who need to improve their credit score faster and at a fraction of the cost of legacy credit repair service providers. Nevly’s goal, unlike legacy credit repair companies, goes beyond credit scores: It aims to encourage better financial health for life and reduce the need for such products by changing financial health outcomes in ways that have staying power.

“With $4.4 billion in revenue and nearly five million Americans utilizing credit repair services in 2022, the U.S. credit repair industry is ripe for disruption – and frankly, consumers deserve better,” said Ben Narasin, General Partner for Tenacity Venture Capital. “The industry has huge issues that must addressed with serious and meaningful reform. Nevly automates credit repair, and layers additional services by incorporating past and future rent reporting, and a no-qualification credit builder card, all allowing consumers to spend less time and money on score improvement.”

Nevly doubles down on good by designing innovative financial products that “fundamentally improve the financial lives of money-marginalized people,” according to founder Eric Blue. “As a certified B-corporation, we want to develop products that drive increased personal financial freedom and build healthier, more sustainable communities – especially for Americans who have traditionally been underserved by the financial system.”

Some of the ways Nevly Money supports its users include a first month free, no initiation fees, a $100 deposit on the credit builder card, and a referral program that pays $15/month as long as the referred is a subscriber.

Nevly will launch a mobile app later this year, with a first-of-its-kind, AI-powered financial health assistant that utilizes consumer transaction data to score and dynamically re-score a consumer’s financial health utilizing an eight-factor composite definition of financial health while also delivering personalized in-app insights, that can provide a next step after a person’s credit score is improved.

About Nevly: Nevly was founded in 2021 to provide financially underserved consumers with a new kind of financial institution that designs products that financially empower consumers, embed them into a community of people with shared beliefs, and provides them a pathway to wealth generation built on solid foundations and tailored to the unique needs of each consumer. The company’s mission is to help people improve their financial health and achieve financial freedom, in ways that honor its motto: “Do Money Different.”

SOURCE Nevly

KNOXVILLE, Tenn., Feb. 8, 2023 — Veteran Ventures Capital’s (“Veteran Ventures”) Veteran Fund I is proud to announce an investment into Asylon Robotics, Inc. (“Asylon”), the fastest growing, full-service, automated air and ground security robotics company in the United States. When the drone industry took off, Asylon’s CEO, Damon Henry and his co-founders, who were Department of Defense (DoD) aerospace engineers, noticed a significant gap in the market. Asylon leverages the capabilities of drones, robots, software, and artificial intelligence (AI) to provide 24/7 robotic security operations. Aligned to Veteran Ventures thesis, Asylon employs Veterans throughout their executive and management teams, supporting U.S. government and private sector entities, to include the U.S. Air Force, U.S. Space Force, GXO, and Citizens Bank towards better managing and protecting their people, profits, and assets.

Asylon’s advanced and automated robotics systems act as significant force multipliers for streamlining security operations. The Asylon team consists of world class experts in the UAS, security, and robotics space, to include experience at Lockheed Martin, L3 Communications, Boeing Aerospace, Johns Hopkins University for Applied Physics Lab, UTC, Intelligent Drone Systems, Whitefox Defense Technologies, the U.S. Air Force, and MIT.

Veteran Ventures will work with Asylon towards further strengthening their Defense portfolio and non-dilutive funding opportunities as they continue to grow. Veteran Ventures’ Founder and Managing Partner, Derren Burrell, stated, “We are extremely pleased to partner with Asylon as they lead the frontier of security automation for government and private sector customers.”

About Veteran Ventures Capital, LLC

Veteran Ventures is a veteran-owned investment firm focused on investing in veteran entrepreneurs and leadership. Veteran Ventures recognizes the value of military experience, training, and character, providing success in all aspects of business growth and operations. For more information, please visit: www.veteranventures.us.

About Asylon Robotics, Inc

Asylon is the leading robotic perimeter security company in the U.S. Asylon partners with commercial and government entities to modernize traditionally inefficient security practices. By providing customers with the most advanced, American-made, robotic security technology, Asylon ensures their customers can protect their people, assets, and profits against threats. Asylon provides a customer experience that is second-to-none and is based in Philadelphia, PA. Learn more by visiting AsylonRobotics.com or stay connected with Asylon at LinkedIn, Twitter, Facebook, Instagram, and YouTube.

Contact: Craig Jaques

Email: [email protected]

SOURCE Veteran Ventures Capital

NEW YORK, Feb. 8, 2023 — London based TDGA, the owner of the biggest brand in Space Media today, Space Hero, announced a $20m Seed Round. As part of the round, Singapore based New Media Holding, owner of the World’s largest Creator network and Asia’s largest media network, has invested $5m as a strategic investment. Furthermore, NMH has committed to be the lead investor for this round after an extensive due diligence valuing TDGA Holdings Ltd at $100m pre money. 

TDGA Holdings Ltd is operating the biggest brand in Space Media today, Space Hero.
Space Hero has become the World’s largest community around Space Entertainment. Space Hero will conduct Space missions with participants being able to apply through global competitions. First missions will be orbiting Earth for 5 days, subsequent ones will fly to the ISS, to the Moon and be part of the first mission to Mars. 

The Seed Round serves the purpose to further multi-launch agreement including global and first of its kind space marketing rights. To kick events off TDGA Holdings Ltd has secured a seat on the next private mission in 2024. The rest of the Seed Round will go towards the global expansion of the consumer brand and the community through gaming, video, platform, franchises, and space metaverse experiences. 

“This is the exciting next step in our journey to create the largest global community around Space Entertainment. We have worked closely with the New Media Holdings executive team for over a year now and this investment is a true testament to the solid foundation both parties have built. Their tech & creator economy capabilities combined with our vision and extensive network in the space industry is a winning combination. We invite the financial community to join us, now that the round is open”, said Founding Partners and Co-CEO’s Deborah Sass and Thomas Reemer. 

“With a long career in technology and innovation, leading the creator economy first in Asia, now in the rest of the World, we are happy to be able to support a truly disruptive project like Space Hero. With our global creator network, our metaverse tech & other disruptive Web3 technology along with access to few billion users we are now in the position to deservedly make Space Hero the global leader in Space Entertainment”, said Founders of NewMedia Holding, Shabir Momin & Gurpareet Singh. 

About Space Hero

TDGA Holdings Ltd has established relationships with over 165 Government agencies and Private Space companies in over 72 countries, including NASA, the Japanese space agency JAXA, the Canadian space agency CSA, and the Nigerian and Brazilian space agencies. The company plans to expand the Space Hero IP into hospitality and merchandise. The series will kick off with a global search for everyday people from any background who share a deep love for space exploration. For more information, please visit www.spacehero.org or follow us on Instagram @wearespacehero. 

About NewMedia Holding

NewMedia Holding is the owner of multiple global brands like OneDigital Entertainment, one of the world’s leading digital media, technology and creator network, Instant Bollywood world’s largest Bollywood community, Social Nation, OneAxcess, Digital 2Sports, Being Indian, MerchGarage, Fashion line, Pod.one, StreamBay, Blush and many more. The company currently has an unbeaten repertoire of managing a whopping 20,000+ creators and about 2 billion fans globally with 20 billion engagements every month across social media. 

Space Hero Social Media
Instagram 
Twitter 
Facebook 
LinkedIn 

SOURCE Space Hero

Proceeds to accelerate commercialization and pipeline expansion of novel FLASH™ Aorto-Ostial Angioplasty System

CAMPBELL, Calif., Feb. 8, 2023 — Ostial Corporation (Ostial), a private medical technology company focused on addressing the clinical challenges of aorto-ostial interventions, today announced the raise of $7.5M in growth funding led by Delos Capital with participation from AMED Ventures and other existing investors.

“With support from Delos Capital and AMED Ventures, Ostial is on an exciting trajectory to further commercialize the FLASH System, build out its sales and operation teams, accelerate the product into new and existing accounts, and advance our current FLASH technology,” stated Jon Bohane, General Manager and Chief Operating Officer of Ostial.

Ostial, an Incept LLC portfolio company, intends to use the funds to accelerate commercialization of its FLASH™ Aorto-Ostial Angioplasty System (FLASH System) by doubling its sales force, executing national programs and expanding its clinical research and scientific advisory of its dual balloon-based system. Additionally, the company plans to commence development of the next-generation FLASH System.

“Our vision is to arm physicians with advanced innovation that uniquely addresses treatment of high-risk areas in coronary and peripheral cases,” stated Henry Chen, Managing Partner of Delos Capital. “Ostial is uniquely posed to seek partnerships with other innovative, synergistic technologies that will expand its cardiovascular platform beyond FLASH.” 

The FLASH System is the first and only dual balloon dual-balloon angioplasty catheter designed to overcome challenges of aorto-ostial stenting by delivering complete, 360° stent apposition at the ostium. Total stent apposition with FLASH optimizes patient outcomes while improving reaccess for future interventions.¹

“Aorto-ostial stenting represents a growing worldwide ‘neck to waist’ market opportunity,” stated Michael Lankford, Vice President of Sales and Business Development at Ostial. “With this new influx of capital, our field team will have the opportunity to cast a wider net and make the FLASH System available to more physicians seeking to confidently treat challenging aorto-ostial lesions.”

The FLASH System is commercially available in the United States and currently sold in 350 hospitals with 19,000 commercial units sold to date.

About Ostial Corporation

Ostial Corporation (Ostial), headquartered in Campbell, California, is a private medical technology company focused on addressing the clinical challenges of aorto-ostial interventions. The company’s first product, the FLASH Aorto-Ostial Angioplasty System, allows physicians to confidently treat ostial cases with true, 360° lesion coverage that enables streamlined vessel reaccess and optimal patient outcomes. For more information, visit www.ostialcorp.com.   

¹Data on file at Ostial Corporation.

SOURCE Ostial Corporation

• One of Germany’s leading legal medical cannabis companies secures significant funding from Artemis Growth Partners, Measure 8 Venture Partners, and a leading German family office
• Moritz Bleibtreu invests personally and joins the company’s mission to de-stigmatize cannabis use for patients and for future adult-use consumers
• Multi-million Euro capital raise fully funds Bloomwell’s current business operations and positions the Company for significant future growth

FRANKFURT, Germany, Feb. 8, 2023 — Frankfurt-based medical cannabis holding company Bloomwell Group (“Bloomwell,” “Bloomwell Group,” or the “Company”) has closed a significant multi-million Euro funding round led by Artemis Growth Partners (“Artemis”), a premier American investment fund specializing in impact investing across global cannabis markets. Also participating in this latest funding round are existing seed investor, Measure 8 Venture Partners (“Measure 8”), along with a German family office investing in medical cannabis for the first time, and award-winning, Germany-born film actor Moritz Bleibtreu. Existing Bloomwell investors committed new capital as reinvestment in support of the offering. The terms of the multi-million Euro financing are undisclosed.

As part of the transaction, Artemis co-founder and managing member William Muecke has joined the Company’s advisory board and will serve alongside Bloomwell’s current board representatives. Mr. Muecke was previously the global co-head of healthcare services in the healthcare investment banking group at Goldman Sachs and Co. With over 30 years of experience in global financial markets, Mr. Muecke is an expert in corporate finance, mergers and acquisitions, and private equity investing.

The large size of the investment and the marquee name recognition of the institutional capital now joining Bloomwell’s investor group is a noteworthy endorsement of Bloomwell’s success to date, as well as a statement of confidence in Bloomwell’s management team, who has guided the Company to its leading market position in German medical cannabis. 

This latest investment provides Bloomwell with a fully-funded business model and positions the Company to continue to both increase current market share as well as prepare the business for the expected upcoming federal legalization of adult-use cannabis in Germany.

“We are pleased to be one of the very few select businesses who have been able to close funding in what has been a very difficult period in the private capital markets. Indeed, we are humbled to not only have the continued support of our existing investors but also to have been able to attract new lead capital from such a highly reputable group as Artemis, which is a statement of confidence and vision that we accept and embrace,” said Niklas Kouparanis, Co-Founder and CEO of Bloomwell Group. “At Bloomwell, our patient-first approach and our unwavering quest for quality and service have guided us from inception to the leadership position we hold today in German medical cannabis. We believe it is this unrelenting spirit of quality and success that has attracted the world’s best cannabis investors to our company, and we are pleased to have a fully funded business with significant opportunity and growth ahead of us.”

“Germany is the most important European market for medical cannabis, and the country will become the world’s largest Federally-legal domestic cannabis market when adult-use cannabis sales begin. We are excited to join Nik and the team as investors and supporters of Bloomwell’s continued growth and success, and we believe that Bloomwell is the best-positioned independent German medical cannabis business operating today. We believe the leadership that Bloomwell has shown in the German market will translate into an expanding growth story across Europe, and we enthusiastically join the Company’s board to help guide the Company on its path forward. Among all global markets, Europe is the future for patient service, adult use access, and stigma-free acceptance of cannabis, and Germany is the engine powering the train in terms of responsible regulation, durable codification, and profitable growth in legal cannabis,” said Mr. Muecke.

Alongside Artemis, a leading German family office has taken a meaningful ownership stake in Bloomwell and will bring its industrial non-cannabis network, and its operational and financial expertise to enhance and accelerate Bloomwell’s growth. 

In addition, Moritz Bleibtreu is investing in the round and will also work alongside Bloomwell Group to advocate for the continued de-stigmatization of medicinal cannabis.

“Although the potential of the cannabis plant is far from being fully understood, there is now sufficient evidence to justify legalization and expanding consumer access. The cannabis plant can help many people advance their wellness goals. We should stop pigeonholing a plant on the basis of decades of antiquated prejudices,” said Mr. Bleibtreu, who is one of Germany’s most successful actors. Mr. Bleibtreu is a well-known German actor and public personality who achieved fame for his roles in classic movies such as Run Lola Run, The Experiment, Lammbock – Alles in Handarbeit, Elementarteilchen and Der Baader Meinhof Komplex. Mr. Bleibtreu received a Germany Television Award (The Deutscher Fernsehpreis) last year for his performance in the series Faking Hitler.

“We are very pleased that Moritz Bleibtreu, an accomplished actor with an international reputation, is joining our mission and offering financial support as we work to end the decades-long stigma of the cannabis plant and cannabis consumers. We can only succeed in changing public perceptions if we involve courageous personalities in the public discourse who will help to educate, promote the plant’s potential benefits, and strengthen the spirit of the cannabis community,” added Mr. Kouparanis.

About Bloomwell Group

Frankfurt-based Bloomwell Group is one of Germany’s largest legal private cannabis companies. Founded in 2020, the Company’s vision is to become the centerpiece of a new cannabis ecosystem that maps nearly the entire value chain (excluding cultivation), both potentially for cannabis as a future adult-use consumer product, as well as cannabis’ current use for medicinal purposes. Bloomwell Group’s portfolio of operating businesses currently includes licensed distributor, importer and product developer Ilios Santé; Europe’s leading cannabis telemedicine company, Algea Care; and Breezy Brands, the incubator platform for technology solutions and consumer brand building. Among other things, Breezy Brands operates Germany’s first marketplace for cannabis dispensaries. For more information, visit: www.bloomwell.eu

About Artemis Growth Partners

Artemis Growth Partners is an alternative asset manager executing environmental, social and governance (ESG) and impact investment strategies across its investment portfolio. Artemis is focused 100% on investing in the global legal cannabis industry. Artemis Growth Partners was founded by a team of professional investors, operators, and advisors who have built and run successful, award-winning domestic and international impact funds. The founders of Artemis Growth Partners are former senior investment banking officers from JP Morgan, Goldman Sachs, & Co. and Mesoamerica (Latin America). Artemis Growth Partners oversees more than US $375 million in mission-driven discretionary assets under management (AUM) in a portfolio of over 30 leading companies operating across the global legal cannabis industry. For more information, visit: www.artemisgrowth.com

Contact: Alex Rush
718.664.3517
[email protected]

SOURCE The Bloomwell Group

Backed by Precursor Ventures with additional funding from Commerce Ventures, Slow Ventures, Allegis Capital, and Clear Heights Ventures, Sawa is a way to protect against future financial emergencies and help others in the community do the same.

OAKLAND, Calif., Feb. 8, 2023 — Sawa Credit Inc, the venture-backed startup for protecting against financial emergencies and helping others in the community address financial challenges, today announces the beta launch of its community financial support platform.

With Sawa, no one is alone. Every Sawa user has access to a community-backed emergency fund, protecting them from financial shocks and putting them on the path to building lasting financial health. Sawa is a technology platform that uses behavioral science to create a community support system for borrowers to increase financial literacy and improve access to emergency capital, addressing the wealth disparity.

Half the people in the United States own just two percent of the wealth (Piketty, 2022) and many of them are unable to bear a $400 shock (Federal Reserve Board, 2021). Most financial shocks are small dollar, and access to emergency capital of just $100 has a big impact on avoiding high-cost credit, delinquencies, and defaults. While any one household might not have the funds, the money is available in the community — with Sawa, everyone has access to that $100.

“We want to give people hope that they’re not alone in facing future financial shocks. Instead of going it alone, Sawa members are in a pod of others with shared financial goals and have access to a community-backed emergency fund,” says Charles Phillips, CEO of Sawa. “Sawa is a way to get out of and stay out of a financial hole and build lasting wealth in the community.”

The beta launch will follow several Sawa pods testing pod size, strength of member social connections, and modes for accessing the community pot, including a “ROSCA,” or rotating savings and credit association. Sawa beta is also in a research partnership with Common Cents Lab (CCL), a financial research lab part of the Center for Advanced Hindsight at Duke University, which will also have research pods in the beta.

“In the beta, we will learn how to engage community members so they can get through financial shocks and ease their financial fears together — ultimately transforming financial precarity into financial health and wealth for the entire community,” says Andrew Henry, co-founder and CFO of Sawa.

Sawa raised $3M in its seed round and has been using the venture funding on research and development. Many members of Sawa’s leadership, board, and advisors come from Stanford University’s Graduate School of Business (GSB) class of 1999. The team is guided by its board members, including Michael Spence, co-recipient of the Nobel Prize in Economic Sciences and former dean of the Stanford Graduate School of Business; David Brady, Deputy Director and Davies Family Senior Fellow at the Hoover Institution; and Brian Trelstad, Partner at Bridges Fund Management’s Sustainable Growth Fund and co-chair of the Impact Capital Managers.

About Sawa Credit Inc.: Sawa is a first-of-its-kind community platform helping underserved borrowers build financial health. We tap the power of community to help users increase their capacity so they can avoid delinquency and defaults and get and stay in their homes — all while reducing risk for lenders and borrowers. Leveraging behavioral science, Sawa is a venture-backed startup founded by industry-leading fintech and business experts. For more information, visit https://www.sawa.money.

Media Contact:
Andy Anderegg
(800) 420-6153
[email protected] 

SOURCE Sawa Credit Inc.

Light Field Lab Reveals Defy™ Interactive Experiences

SAN JOSE, Calif., Feb. 8, 2023 — Light Field Lab^®, developers of the SolidLight^™ holographic display platform, today announced it has raised a $50 Million Series B led by global game developer NCSOFT. New investors Corning, Gates Frontier, LG Tech Ventures, NCSOFT, and OTOY are joined by additional participation from current shareholders Khosla Ventures, the venture capital arms of Samsung, Verizon, Bosch, Forvia, Liberty Global, and national technology fund Taiwania Capital. Light Field Lab also unveiled Defy experiences, the first of which, Space and Time, allows you to speak and interact with SolidLight holograms. The latest financing will drive the productization of SolidLight systems with implementations across a variety of enterprise and location-based entertainment applications.

Recently recognized as one of TIME’s Best Inventions, SolidLight is the highest resolution holographic display platform ever designed enabling real digital objects to form in mid-air without headgear. The hardware features self-emissive bezel-less panels that assemble into modular holographic video walls. SolidLight technologies combine to offer a turn-key system solution for a wide range of next-generation experiences. Defy is powered by Light Field Lab’s proprietary real-time WaveTracing^™ software.

“Light Field Lab is building the future of immersive experiences and we are pleased to support the team in bringing true holograms to life,” said Dr. Songyee Yoon, chief strategy officer, NCSOFT. “Being able to see, deliver and interact with 3D content without any assistive peripheral devices will substantially advance the consumer adoption of SolidLight, not just in the entertainment space, but also the way in which we interact and collaborate through remote technologies.”

“Light Field Lab’s SolidLight technology will change the way people consume content, providing immersive full-sensory holographic experiences that are indistinguishable from reality,” said Dong-Su Kim, CEO of LG Technology Ventures. “Our investment and partnership with Light Field Lab underscores LG’s interest in bringing next-generation displays to market.”

“Defy provides a unique glimpse into our vision of the future where physical people, places and things can be digitally transported with nothing but light,” said Jon Karafin, CEO of Light Field Lab. “We are grateful to be supported by a syndicate of visionary investors and partners on our journey building the holographic future.”

About Light Field Lab, Inc.
Light Field Lab’s roadmap of technologies begins with SolidLight holographic displays to seamlessly merge real and virtual worlds together. Light Field Lab is based in San Jose, Calif. and backed by industry luminaries at Gates Frontier and Khosla Ventures, the venture capital and corporate investment arms of market leaders Bosch, Comcast, Corning, Forvia, LG, Liberty Global, NCSOFT, NTT Docomo, OTOY, Samsung, and Verizon, and a prestigious list of venture capital firms including AVG, ACME Capital, R7 Partners, and Taiwania Capital.

Further information about Light Field Lab and the SolidLight platform is available online. You may also connect with Light Field Lab on Facebook, Twitter and LinkedIn.

SOURCE Light Field Lab, Inc.