Envisics completed its $50m Series B strategic funding round.

Hyundai Mobis, General Motors Ventures, SAIC Motors and Van Tuyl Companies invested $50m in Envisics, a market leader and inventor of enabling dynamic holographic technologies for augmented reality head-up displays in series B strategic funding round. The group of investors recognising the potential of Envisics’ revolutionary approach includes Hyundai Mobis, the global tier 1 automotive supplier, GM Ventures, the venture capital subsidiary of General Motors, SAIC Capital, the venture investment business of SAIC Motors and Van Tuyl Companies, a US-based family office investment firm. “Enhanced in-car experience is the next automotive revolution that goes hand in hand with electrification and the development of autonomous vehicles. Our technology is class leading and is extremely well placed to meet current and future requirements," Dr. Jamieson Christmas, Envisics’ founder and CEO.