USA – Magnetic 3D, a NYC-based innovator in producing “Holographic” Glasses-Free 3D displays and immersive media solutions, raised a Seed funding from Tim Draper and Draper Associates.
The amount of the deal was not disclosed. Led by CEO Tom Zerega, and COO John Bracciante, Magnetic 3D enables access to 3D content and the metaverse with an end-to-end product line of Glasses-free 3D (autostereoscopic) solutions ranging from Desktop 28″ monitors to 100″ 3D Displays in Landscape and Portrait format, as well as 3D Video Walls. The company’s proprietary platform of modified LCD displays features a precision engineered, optically-bonded 3D lens and custom electronics which enable 3D video capabilities without the need for 3D Glasses or VR/AR Headgear. The visual experience provides audiences with captivating off-screen “pop”, akin to holographic 3D effects depicted in science fiction films, and the immersive perception of depth on what would otherwise be a flat display. The company has worked with major theme parks, hospitality, and cruise ship operators, defense contractors, aerospace, and medical customers and produced countless experiential activations from CES to Super Bowl. Now, Magnetic 3D is poised to accelerate its expansion into media networks while driving innovation in the immersive technology space.30/11/2023