Holographic Tech Firm LNGIN Technology Completes Round-A+ Financing

LNGIN Technology, a Hangzhou-based holographic technology company, announced on Monday that it has completed round-A+ financing totaling nearly 100 million yuan ($14.95 million). This round featured joint investment by Geely Technology Group and Qianhe Capital. The funds raised are to be used to drive mass production of its in-vehicle products, iterative expansion of its next-generation product line, and core technology development.

The company presents holographic three-dimensional images in the air through nano-optical imaging and microstructure light field reconstruction technology. This enables the firm to build a futuristic intelligent living space, with products widely used in automotive intelligent cockpits, smart homes, entertainment, media and other industries.

It has standardized and encapsulated its in-vehicle product AID (“Aerial Holo Intelligent Display”) based on a media-less holographic imaging technology. The product is positioned as the content and web traffic portal for the internet-of-vehicles arena, which can meet the escalating needs and requirements of users, combining multimodal interaction to create exclusive travel mobile spaces and virtual living spaces.

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At the launch event, Li Chuanhai, President of the R&D Institute of Geely Auto, said: “Other Geely models will also be equipped with this technology gradually in the future.” Geely, as a strategic shareholder of LNGIN Technology, says it will further deepen the strategic synergy between the two parties in the future.

Displays act as an important window for human-computer interaction and receiving information, and will likely have a more diversified application direction in the future. The promotion of in-vehicle displays, intelligent displays, virtual reality and metaverse scenarios further expands the application scope of new displays.