Realfiction announces SEK 7.4 million payment for proof of concept
Realfiction Holding AB (“Realfiction” or “the Company”) has received payment of approximately SEK 7.4 million in cash for the development of a custom-tailored proof of concept announced on 4 September 2024. This payment supports the Company’s liquidity through the first half of 2025 under the planned assumptions.
The proof of concept, delivered earlier this year to an undisclosed customer, leverages Realfiction’s proprietary Directional Pixel Technology™ (“DPT”) to address specific requirements.
“Our ongoing commercial negotiations for DPT are advancing, and I look forward to sharing tangible updates about agreements that shall bring this groundbreaking technology into display products,” said Clas Dyrholm, CEO and co-founder of Realfiction.