Envisics, a UK-based holographics company building in-car technology that projects navigation, safety alerts and other data onto the inside of a windscreen, has closed a $100 million Series C round.
The company announced the round’s first $50 million tranche in March, which brought Envisics up to a $500 million valuation. Envisics didn’t share an updated valuation with the closing of its Series C, but the startup did bring on new investors like M&G Investments.
The previous $50 million round was led by Hyundai Mobis, with participation from InMotion Ventures, the investment arm of Jaguar Land Rover, and Stellantis.
The closing of its Series C comes as Envisics gets nearer to commercializing its augmented reality heads-up display (AR HUD). General Motors has confirmed that Envisics’ second-generation displays will b …
