Envisics raises $50M at a $500M valuation for its in-car holographic tech

The automotive industry is starting to show some signs of recovery after a big contraction during the Covid-19 pandemic, and carmakers planning for the next five years are looking at what new features might help them eek out more sales. Envisics — a U.K. startup that designs holographic in-car technology that projects navigation, safety alerts and other data on the inside of the windscreen (commonly described as heads-up display, or HUD) — is today announcing $50 million in funding, as it vies to be a part of that conversation.
The funds will be used both to carry out work with current customers …
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