Light Field Lab Closes $50 Million Series B

<p><strong>SAN JOSE <&sol;strong>–<strong>– <&sol;strong><a href&equals;"https&colon;&sol;&sol;www&period;lightfieldlab&period;com&sol;">Light Field Lab<&sol;a>&comma; developers of the SolidLight<sup> <&sol;sup>holographic display platform&comma; has raised a &dollar;50 Million Series B led by global game developer NCSOFT&period; New investors <a href&equals;"https&colon;&sol;&sol;www&period;corning&period;com&sol;worldwide&sol;en&period;html">Corning<&sol;a>&comma; Gates Frontier&comma; <a href&equals;"https&colon;&sol;&sol;www&period;lgtechventures&period;com&sol;">LG Tech Ventures<&sol;a>&comma; <a href&equals;"https&colon;&sol;&sol;us&period;ncsoft&period;com&sol;en-us">NCSOFT<&sol;a>&comma; and <a href&equals;"https&colon;&sol;&sol;home&period;otoy&period;com&sol;">OTOY <&sol;a>are joined by additional participation from current shareholders <a href&equals;"https&colon;&sol;&sol;www&period;khoslaventures&period;com&sol;">Khosla Ventures<&sol;a>&comma; the venture capital arms of <a href&equals;"https&colon;&sol;&sol;www&period;samsungventure&period;co&period;kr&sol;english&sol;jsp&sol;investment&sol;sector&period;jsp">Samsung<&sol;a>&comma; <a href&equals;"https&colon;&sol;&sol;www&period;verizon&period;com&sol;ventures&sol;">Verizon<&sol;a>&comma; <a href&equals;"https&colon;&sol;&sol;www&period;rbvc&period;com&sol;">Bosch<&sol;a>&comma; <a href&equals;"https&colon;&sol;&sol;www&period;hellaventures&period;com&sol;">HELLA<&sol;a>&comma; <a href&equals;"https&colon;&sol;&sol;www&period;libertyglobal&period;com&sol;operations&sol;ventures&sol;">Liberty Global<&sol;a>&comma; and national technology fund <a href&equals;"https&colon;&sol;&sol;en&period;taiwaniacapital&period;com&sol;">Taiwania Capital<&sol;a>&period;<&sol;p>&NewLine;<p>LightField Lab also unveiled <a href&equals;"https&colon;&sol;&sol;www&period;lightfieldlab&period;com&sol;see-it-now-aztec">Defy experiences<&sol;a>&comma; the first of which&comma; <em>Space and Time<&sol;em>&comma; allows you to speak and interact with SolidLight holograms&period; The latest financing will drive the productization of Solid Light systems with implementations across a variety of enterprise and location-based entertainment applications&period;<&sol;p>&NewLine;<p>Recently recognized as one of <a href&equals;"https&colon;&sol;&sol;time&period;com&sol;collection&sol;best-inventions-2022&sol;6228926&sol;light-field-lab-solidlight&sol;">TIME’s Best Inventions<&sol;a>&comma; SolidLight is the highest resolution holographic display platform ever designed enabling real digital objects to form in mid-air without headgear&period; The hardware features self-emissive bezel-less panels that assemble into modular holographic video walls&period; SolidLight technologies combine to offer a turn-key system solution for a wide range of next-generation experiences&period; Defy is powered by Light Field Lab’s proprietary real-time WaveTracing<sup>™<&sol;sup> software&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Light Field Lab is building the future of immersive experiences and we are pleased to support the team in bringing true holograms to life&comma;” said Dr&period; Songyee Yoon&comma; chief strategy officer&comma; NCSOFT&period; &OpenCurlyDoubleQuote;Being able to see&comma; deliver and interact with 3D content without any assistive peripheral devices will substantially advance the consumer adoption of SolidLight&comma; not just in the entertainment space&comma; but also the way in which we interact and collaborate through remote technologies&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Light Field Lab’s SolidLight technology will change the way people consume content&comma; providing immersive full-sensory holographic experiences that are indistinguishable from reality&comma;” said Dong-Su Kim&comma; CEO of LG Technology Ventures&period; &&num;8220&semi;Our investment and partnership with Light Field Lab underscores LG’s interest in bringing next-generation displays to market&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Defy provides a unique glimpse into our vision of the future where physical people&comma; places and things can be digitally transported with nothing but light&comma;” said Jon Karafin&comma; CEO of Light Field Lab&period; &OpenCurlyDoubleQuote;We are grateful to be supported by a syndicate of visionary investors and partners on our journey building the holographic future&period;”<&sol;p>&NewLine;