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Light Blue Optics Raises $26 Million

Light Blue Optics, a Cambridge, England-based developer of holographic laser projection technology, has raised $26 million in Series A funding. Earlybird Venture Capital and Capital-E co-led the deal, and were joined by seed backers 3i Group and NESTA. The company previously raised a $3.5 million seed round, and expects that the new capital will help it accelerate its product development and high-volume commercialization of miniature projection systems.