# Envisics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/envisics

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Milton Keynes, UK
- Website: www.envisics.com
- Total disclosed funding: $100M
- Latest round: Series C (Mar 9, 2023)
- Investors on record: 7

## About

Envisics Ltd., based in Milton Keynes, UK, specializes in pioneering Augmented Reality Head-Up Display (AR HUD) technology for automotive applications, enhancing driver safety and experience through innovative holographic solutions.Founded in 2018 by Jamieson Christmas, Envisics Ltd. operates from its headquarters in Milton Keynes, UK, focusing on the development of advanced automotive display technologies. The company has completed a total of 4 funding deals, with its most recent funding round being a Series C in September 2023, during which it raised USD 50 mn from M&G Alternatives and Van Tuyl Group, Inc. The total amount raised by the company now stands at USD 50 mn.Envisics specializes in advanced Holographic Waveguide Technology, primarily offering a next-generation Augmented Reality Head-Up Display (AR HUD) designed for automotive applications. This technology enhances driving by providing high-quality images that allow users to view critical information clearly at multiple distances. Envisics has integrated its first-generation technology into over 150,000 units for Jaguar Land Rover, with its second-generation HUD debuting in the Cadillac LYRIQ-V series. The products target automakers and tier-one suppliers globally, especially in North America, Europe, and Asia-Pacific, where demand for advanced automotive display solutions is on the rise.In 2022, Envisics reported revenue of USD 2,236,407.40 and an EBITDA of USD -25,602,340.30. The company's revenue primarily comes from B2B transactions with major automotive manufacturers, focusing on the integration of its AR HUD solutions, especially the second-generation HUD featuring a dual-image system, tailored to meet specific client needs.Following its USD 50 mn Series C funding round in September 2023, Envisics intends to enhance its automotive technology aimed at improving driving safety. The company plans to expand its market presence, particularly targeting new regions and collaborations with automotive manufacturers. The funding will support these initiatives as well as the development of upcoming products designed to integrate augmented reality displays into next-generation vehicles.

## Funding rounds

- Series C, Mar 9, 2023, $50M — General Motors Ventures, Tarsadia Investments, InMotion Ventures, Hyundai Mobis, Stellantis Ventures
- Series B, Oct 7, 2020, $50M — General Motors Ventures, SAIC Venture Capital, Hyundai Mobis, Van Tuyl Group, Inc.

## Investors

- General Motors Ventures (https://capitalatlas.ai/funds/general-motors-ventures) — Series B, Series C
- SAIC Venture Capital (https://capitalatlas.ai/funds/saic-venture-capital) — Series B
- Hyundai Mobis — Series B, Series C
- Van Tuyl Group, Inc. — Series B
- Tarsadia Investments — Series C
- InMotion Ventures (https://capitalatlas.ai/funds/inmotion-ventures) — Series C
- Stellantis Ventures (https://capitalatlas.ai/funds/stellantis-ventures) — Series C