A startup from Trinity College Dublin has secured its first seed investment of €600,000 (over $692K US) to develop and commercialize a hologram technology for the virtual reality industry.
Volograms is creating a way to take a set of videos captured from different viewpoints and turn them into volumetric holograms that can be implemented in virtual and augmented reality environments. The system works with different camera configurations, in both indoor and outdoor scenarios and with hand-held consumer devices. Applications for the technology include VR and AR digital productions, fan engagement for brands, and professional education and training.
Volograms’ seed funding round was led by Atlantic Bridge and the University Bridge Fund.
“For AR to become the next computing platform, as experts envision, there have to be easier ways to create content for it,” says Volograms CEO Rafael Pagés. “We believe there is a need for tools to capture real-world content for AR and VR, and we are excited that our breakthrough technology can close the content gap. The investment and support from Atlantic Bridge and the University Bridge Fund will enable us to bring our technology to a variety of customers on a global scale.”
Chris Horn of Atlantic Bridge comments, “The company [Volograms] strongly represents the commercial strength of world-class academic research undertaken in Trinity and illustrates how Atlantic Bridge can accelerate and scale early-stage companies internationally.”
Source: Irish Tech News
