Swave Photonics Raises €6 Million in Additional Series A Funding

Led by Semiconductor Titans Mike Noonen(CEO), Dmitri Choutov PhD(Founder And Chief Operating Officer), Theo Marescaux PhD MBA(Founder And Chief Product Officer), Edward Buckley PhD(VP AR Systems), Andrew Repton(VP IC Design), Richard Stahl PhD(VP Systems Integration), And Andrzej Kaczorowski PhD(Digital Holography Fellow), Swave Photonics has raised €6 Million in Additional Series A Funding from IAG Capital Partners and Samsung Ventures.

Swave’s chip-based HXR technology creates true 3D holograms without waveguides, enabling ultra-compact, high-quality spatial displays for the AI and spatial computing era.

Swave raised €27M ($28.27M) in its Series A round in January 2025, following a €10M Seed round in 2023. The funding supports further development of its HXR technology and go-to-market expansion. HXR was recently honored with a CES 2025 Innovation Award and named a semi-finalist for the Photonics Frontiers Award.