In General XR News
November 8, 2022 – Leia Inc., a nanotechnology company that provides a screen-based 3D experience without the need for augmented or virtual reality (AR/VR) eyewear, has recently announced USD $125 million in growth credit financing from a fund managed by Aon Advantage Funds LLC, with support from services provided by Aon’s IP Solutions and insurance brokerage services.
Through the strategic capital provided by a fund managed by Aon Advantage Funds LLC., Leia is hoping to further strengthen its IP portfolio via access to Aon’s IP expertise and significant growth capital.
Commenting on the financing, Cecilia Qvist, CEO of Leia Inc. said: “We are thrilled to have Aon as a long-term growth capital provider on our journey to democratize access to 3D, to build a new and better medium that changes the way people all over the world experience the digital universe.” Qvist added, “Aon’s support will allow us to execute on our vision and fuel Leia’s innovation and revenue growth as we continue to scale our footprint globally.”
Leia is building a 3D Lightfield platform and supporting content ecosystem with advanced computer vision algorithms, apps, and software tools to provide a naturally immersive, fully interactive viewing experience. The company’s Diffractive Lightfield Backlighting (DLB) technology in its light field displays uses the power of light to display objects that appear 3D, without the need for XR headsets or glasses.
“Leia’s technology is a truly remarkable first-sight experience, and we are thrilled to help support this journey as Leia delivers this product to the broader multiverse, with Leia being the content-consumer experience at scale,” said Matthew Farrar, Managing Partner and Head of Aon Advantage Funds, LLC.
“Innovation is the key to a growth economy, but intangible assets are the foundation,” added Lewis Lee, Chief Executive Officer for Aon’s Intellectual Property Solutions. “That is why we are bringing unique solutions to the market to help IP-rich companies like Leia leverage the value of their intellectual property.”
For more information on Leia Inc. and its light field technology for 3D experiences, please visit the company’s website.
Image credit: Leia, Inc.
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Sam is the Founder and Managing Editor of Auganix. With a background in research and report writing, he has been covering XR industry news for the past seven years.