CY, a developer of holographic technology for augmented and virtual reality devices, has raised series A funding from Vestel and Intel.
US-based computational holographic technology developer CY Vision has closed a $7m series A round led by home and professional appliances manufacturer Vestel through corporate venturing subsidiary Vestel Ventures.
Vestel Ventures, a subsidiary of Vestel’s technology investment arm Zorlu Holding, was joined by Intel Capital, the corporate venture capital vehicle for semiconductor technology producer Intel.
Spun out of Instanbul’s Koc University in Turkey in 2016, CY Vision has developed a holographic display platform for use in augmented reality (AR) and virtual…