Light Blue lasers in on European innovation

The stereotype of European venture investing is that there is plenty of innovation in the region but entrepreneurs lack committed investors with the time and resources to follow their portfolio companies to a profitable exit.

Light Blue Optics, a UK-based maker of holographic display projectors, has grappled with many of these issues as it seeks to turn the fundamental physics developed at Cambridge University into a listed company.

Holographic laser projection had been considered theoretically possible for about 40…