Accenture has announced an investment in Looking Glass Factory, a prominent hologram company.
The funding will support the company in further refining its holographic platform and empowering its displays that are able to present content in 3D — without the need for headset devices.
The technology developed by Looking Glass Factory may enable the connection of 3D digital experiences in the metaverse to the physical world, enhancing and making them more immersive.
The business has already made significant strides in its industry. In 2022, it unveiled Looking Glass 65″ — the largest holographic display in the world — which can generate up to 100 different perspectives of 3D content from 100 million light sources every 60th of a second. It also introduced the first way for sharing holograms online across a variety of platforms — including mobile, social, and even the metaverse.
This investment is part of Accenture Metaverse Continuum, a business segment launched by Accenture in March 2022 to support customers in creating, executing, and accelerating their metaverse initiatives.
Accenture’s other Web3-related efforts include its collaboration with The World Economic Forum (WEF) and Microsoft to develop the “Global Collaboration Village” metaverse platform, which will enable virtual public-private collaboration, and its investment in BehaVR to create immersive metaverse therapies to treat serious mental illnesses such as anxiety and stress.