Search Menu
Photonics Media Photonics Marketplace Photonics Spectra BioPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

Volvo Cars Invests in Optical, Imaging Tech Startup Spectralics

Facebook Twitter LinkedIn Email
Volvo Cars has invested in Israeli optical and imaging technology startup Spectralics through its Volvo Cars Tech Fund, the company’s venture capital investment arm. The investment gives Volvo Cars access to technology at an early stage of development that the company said could contribute to making cars safer and revolutionize the in-car experience.

Outlets covering Volvo Cars and the transportation sector reported the investment is worth $2 million. It brings the startup’s raised total to $5 million.

With a background in aerospace technology development, Spectralics creates imaging and optical infrastructure spanning materials, as well as hardware and software, enabling a variety of advanced optical capabilities. Solutions from Spectralics include the multilayered thin combiner. The thin optics film can be applied to see-through surfaces of all shapes and sizes and integrated into a car’s windshield or windows, where it could be used to overlay imagery on the glass.

In a windshield configuration, the technology could create a wife field of view head-up display that can instill a sense of distance as virtual objects are superimposed onto the real-world environment for a safe and immersive experience.

Volvo Cars identified other potential uses for the technology as advanced filters for applications including sensing, blind-proof front-looking cameras, and digital holographic projections.

Spectralics is a spinout of the MobilityXlab accelerator program in Sweden and part of the DRIVE network in Israel (Drive TLV), an innovation center that hosts, grows, and fosters Israeli future mobility startups. Volvo Cars is a partner in both initiatives.

“This investment is another result of our successful collaboration with MobilityXlab and DRIVE, and it deepens our relationship with these innovation partners,” said Lee Ma, head of the Volvo Cars Tech Fund. “Spectralics is a good portfolio fit for us and we believe that their technology has the potential to set a standard for the next generation of displays and cameras.”
Dec 2021
optical materials
Materials that, by virtue of their optical characteristics (i.e. refractive index, dispersion, etc.), are used in optical elements. See crystal; glass; plastic lens.
Volvo CarsVolvooptical imagingopticsimagingImaging & Opticsoptical materialsAutonomous drivingcombinersDisplaysFilterscamerasBusinessstartupsstartupstartup acceleratorIndustry News

Submit a Feature Article Submit a Press Release
Terms & Conditions Privacy Policy About Us Contact Us
Facebook Twitter Instagram LinkedIn YouTube RSS
©2023 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.