The Future of Hologram Tech Comes Down to Its Price Tag

Samson Amore

Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

The Future of Hologram Tech Comes Down to Its Price Tag
Photo: Proto

In 1971, Dennis Gabor was awarded the Nobel Prize in Physics for his invention of the holographic method, which was based on bending light waves to reproduce images. Since then, the hologram’s been adapted for a variety of uses, from reanimating dead musicians to 3-D movies and passport stamps.


During the pandemic as artists worldwide sought out alternative ways to reach their audiences, there was again, a moment in which holograms appeared to be a part of the future – of classrooms, work communication and entertainment.

But the technology is far from mainstream, and the dream that we’d all interact with holograms on a daily basis hasn’t come to fruition yet.

Entertainment

Back in 2012, Tupac Shakur was reanimated for a brief set as a hologram at the Coachella Valley music festival.

The creation was a joint effort between several firms, including Arizona-based AV Concepts and Digital Domain, based in Playa Vista. Digital Domain’s chief technology officer Hanno Basse told dot.LA the company worked with the also King estate and Time Magazine to create a hologram of Dr. Martin Luther King, Jr. for a VR museum exhibit.

Besides holographic people, Digital Domain creates realistic CGI for films in its digital humans lab, and has been used in blockbusters including Marvel’s “She-Hulk,” “Black Widow” and “Avengers: Endgame” as well as a 2018 “Call of Duty” ad for Activision.

Basse said that while Digital Domain’s VFX work with digital humans on films like “Titanic” and “The Curious Case of Benjamin Button” has earned it Oscars, the company’s eager to use its tech in other ventures. Additionally, one area Digital Domain is trying to work more on is video games, which rely entirely on virtual humans. Gaming in particular is a space ripe for virtual human tech, especially since realistically animating characters, especially in multiplayer games, is still challenging even for huge studios.

Hologram Tupac debuted at the Coachella Valley Arts & Music Festival in 2012.Photo: AV Concepts

Communication

But while hologram Tupac was a big deal, in 2020, Nussbaum realized that communication – not concerts – was where hologram tech was needed.

So Nussbaum started Proto and developed what’s now the company’s flagship device, the Proto Epic. It’s a nearly 90-inch-tall metal box capable of fitting a human over six feet tall inside. The box is also equipped with front-facing 4K video cameras and speakers, so the box can transmit audience feedback and let the user respond in real-time (watch Ellen DeGeneres do so here).

Becoming a hologram is simple – iPhones 13 and above have 4k cameras, so all it requires is the Proto Beam app, which uses the phone to live capture 3D video and beam it to the Proto E (or the smaller, tabletop model, the Proto M) from anywhere.

You might recall that during the pandemic, news station KTLA used Proto to do remote red-carpet reporting for the 2020 Emmy Awards.

Howie Mandel, a backer of Proto, told dot.LA after a demo he became an investor and advocate for the technology (Proto’s Van Nuys office is housed in the same building as Mandel’s production and podcast studio).

“It was like the first time I saw an iPhone,” Mandel said. “It puts Zoom and every other video broadcaster and hologram company to shame. I can be someplace without going anywhere, which is my dream come true as a germaphobe.”

Proto founder David Nussbaum, left, does a fist-bump with investor Howie Mandel, right, via the Proto E device. Photo: Proto

Advertising

Mandel said he sees potential for Proto in merchandising. To that end, the company has already inked deals with auction house Christie’s, also an investor, to use Proto devices to show items. Other clients include Verizon, Virgin Media O2 and CAA. Retailer H&M also uses Proto E devices to replace window mannequins.

“I think it’s going to be the Kleenex of communication, retail, education and advertising,” Mandel told dot.LA about his predictions for Proto’s future.

Scott Likens, head of accounting firm PwC’s innovation hub, said he learned of Proto from a participant in its Next Tech Studio and began working with them last spring. PwC mainly uses Proto to communicate globally without boundaries.

“Hologram is a unique space that requires dynamic hardware and software, so we are continuously testing what works in both small and large collaborative sessions,” Likens noted.

H&M used a Proto E (right) to replace window mannequins at one of its stores with videos of hologram models. Photo: Proto

Healthcare

Bari Hoffman, associate dean for clinical affairs and internal medicine professor at the University of Central Florida, said she’s been using the Proto Epic device since 2021.

Hoffman said UCF has used Proto to beam in volunteers for virtual exams, including people with advanced Huntington’s disease who couldn’t otherwise travel. She also said Mandel used one to talk to a class about his OCD diagnosis and had a “seamless” live conversation.

“It’s really imperative and impactful for our students to be able to see in high definition the life-size, head to toe experience of that patient,” Hoffman said. She added that while most medical schools also rely on trained actors to simulate symptoms for education, hologram tech could allow people actually living with chronic diseases to volunteer from afar.

But holograms are not ready for large-scale healthcare use, Hoffman said. “Nobody is actually delivering health care with the technology yet, because there's some other things that need to be in place to make it compliant [with regulators].” Adding that, UCF has recruited a “large number of faculty and clinical experts, physicians and surgeons in the community to study and evaluate [it].”

Digital Domain's virtual human technology used hologram-like tech to de-age football star Joe Montana for NBCUniversal's "Quantum Leap." Photo: Digital Domain

Upcoming innovations

That said, it’s going to take some time before consumer-focused devices like Proto make their way into the home of everyone in America considering the smaller Proto M retails for nearly $7,000. Though Nussbaum wouldn’t disclose sales figures, he said he’s sold “hundreds” of them.

Which explains why other companies have jumped into the hologram business. In 2016, Microsoft began working on HoloLens, a mixed-reality headset that retails for $3,500. And in 2020, Meta filed a patent application for “3D conversations” conducted virtually using hologram-like tech.

For his part, Basse said he expects an arms race for holograms or digital human technology to accelerate. “Visual presentations in one form or another are a major piece of modern life, and people, creators and organizations that are looking to stand out need to find ways to rise above the competition,” he said.

Mandel was also optimistic about holograms becoming mainstream. “This is probably the most excited I have seen people around a piece of technology,” he said of Proto. “It needs to be everywhere.”

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Netflix Doubles Down on LA

🔦 Spotlight

Hey Los Angeles.

Goodbye Coachella, hello Stagecoach. The desert doesn’t stay quiet for long, and neither does LA’s entertainment machine.

This week, that momentum showed up in a more permanent way.

Netflix is expanding its footprint in Los Angeles with a major move to take over and invest in Radford Studio Center, a historic production lot in Studio City. The company is planning a long-term transformation of the site, with upgrades to soundstages, production offices, and infrastructure designed to support the next generation of film and television production.

It’s a notable shift in a moment when production has been under pressure in California, with studios increasingly looking outside the state for cost advantages. Netflix going deeper in LA, and specifically into a legacy studio lot, signals a different kind of commitment. Not just to content, but to where that content actually gets made.

And it comes at a time when the streaming wars have matured. Growth is harder, budgets are tighter, and the focus has shifted from scale at all costs to efficiency and control. Owning or operating more of the production environment gives Netflix tighter control over timelines, costs, and output.

For Los Angeles, it’s a reminder of what still anchors the city. Even as AI, defense tech, and infrastructure startups continue to rise, entertainment remains one of the few industries where LA isn’t just competitive, it’s foundational.

Different headlines each week, but a consistent theme underneath them. Whether it’s power, autonomy, or content, the companies that matter are investing in the layers they don’t want to outsource.

And in this case, that layer is Hollywood itself.

Below are this week’s venture deals, fund announcements, and acquisitions across LA 👇


🤝 Venture Deals

    LA Venture Funds

    • UP Partners and Calm Ventures participated in Reliable Robotics’ $160M funding round, backing the autonomous aviation company as it advances pilotless flight technology for cargo and passenger aircraft. The round included a mix of new and existing investors, and the company plans to use the capital to accelerate certification efforts and expand deployment of its autonomous systems across commercial aviation. - learn more
    • Blue Heron Ventures participated in Tava Health’s $40M Series C, backing the company as it expands its tech-enabled mental health platform into a more integrated, full-stack system for providers, employers, and health plans. The round was led by Centana Growth Partners with participation from existing investors, and the company plans to use the funding to roll out new AI-powered tools and broaden access to care while reducing administrative friction across the system. - learn more
    • Vamos Ventures participated in Zócalo Health’s $15M Series A, backing the company as it scales its tech-enabled, community-based primary care model focused on high-need and underserved populations. The round was led by .406 Ventures with participation from existing and new investors, and the company plans to use the funding to expand its clinics and deepen partnerships with Medicaid programs as demand for accessible care grows. - learn more

    LA Exits
    • Studio71 has been acquired by Fixated as part of a broader deal in which German media company ProSiebenSat.1 sold its North American creator business, giving Fixated a large-scale network of creators and podcast operations and significantly expanding its footprint as it continues an aggressive roll-up strategy in the creator economy. The move signals continued consolidation in the space, with Fixated building a more vertically integrated platform across talent management, content production, and distribution. - learn more
    • Bonsai Health has been acquired by ModMed, bringing its AI-powered patient engagement platform into a broader healthcare software ecosystem. The deal is aimed at integrating Bonsai’s “agentic AI” capabilities into ModMed’s platform to automate patient outreach, fill care gaps, and improve scheduling across a network of nearly 50,000 providers. - learn more

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      A $26M Push Into Power in LA

      🔦 Spotlight

      Hello, Los Angeles.

      Coachella Weekend 2 is here, which usually means LA is either heading back to the desert or happily staying put this time around. Back in the city, the focus this week is less about music infrastructure and more about something far more critical, power.

      That’s where this week’s news comes in.

      Critical Loop, a Los Angeles-based energy startup, raised a $26 million Series A to tackle one of the least talked about bottlenecks in tech right now, grid interconnection. In simple terms, it’s the process of getting power to where it’s needed, and increasingly, that process is too slow to keep up.

      Critical Loop is building modular microgrid systems that can be deployed in days instead of years, giving industrial operators, data centers, and other energy-heavy users faster access to power without waiting on traditional grid upgrades. The round was led by Conifer Infrastructure Partners and Hanover, with participation from Better Ventures, Climate Capital, Adapt Nation Capital, and Cyrus Ventures.

      The timing here matters. Between AI infrastructure demands, electrification, and a broader push toward domestic energy resilience, power is quickly becoming a gating factor for growth. You can build the data center, the factory, or the next big thing, but none of it works if you can’t turn it on.

      That’s what makes companies like Critical Loop worth watching. They’re not building the flashiest part of the stack, but they’re solving for the piece everything else depends on.

      And in a city that knows a thing or two about scaling ambition quickly, that might be the most important layer of all.

      Below are this week’s fund announcements across LA 👇


      🤝 Venture Deals

      LA Venture Funds

      • Anthos Capital participated in Wealth.com’s $65M Series B, backing the AI-powered estate and tax planning platform as it scales across financial institutions. The oversubscribed round included new investors like Titanium Ventures and Pruven Capital alongside existing backers, and the company plans to use the funding to expand product development, pursue acquisitions, and grow its enterprise footprint as demand rises for AI-driven wealth management solutions. - learn more
      • Anamika Ventures participated in Sage Haven’s $3M pre-seed round, backing the AI-powered messaging and calling app designed to create a safer communication environment for kids. The round was led by Anamika Ventures alongside Fabric Ventures and a group of early-stage investors, as the company launches a platform focused on preventing cyberbullying through real-time AI moderation and parent oversight tools. - learn more
      • MANTIS Venture Capital participated in Factory’s $150M Series C, backing the AI startup as it builds autonomous software engineering systems for enterprise teams. The round was led by Khosla Ventures and included firms like Sequoia Capital, Blackstone, Insight Partners, and NEA, valuing the company at $1.5 billion. Factory plans to use the funding to invest further in product development and global expansion as demand grows for AI-driven tools that can automate large portions of the software development process. - learn more
      • Rebel Fund participated in Uplane’s $4.5M seed round, backing the AI startup as it looks to replace traditional marketing agencies with a platform that automates ad creation, testing, and budget optimization. The round was led by Play Ventures with participation from Y Combinator, 20VC, and Multimodal Ventures, and the company says its technology can improve return on ad spend by automating performance marketing workflows. - learn more
      • Alexandria Venture Investments and Presight Capital participated in Alloy Therapeutics’ $40M Series E, backing the biotech infrastructure company as it scales its AI-powered platform for drug discovery and development. The round included a mix of new investors like 8VC and JIC Venture Growth Investments alongside returning backers, valuing the company at $1 billion and underscoring continued interest in platforms that combine AI, data, and lab services across the biopharma lifecycle. - learn more
      • Finality Capital Partners participated in HYFIX’s $15M seed round, backing the semiconductor startup as it builds American-made chips designed to power drones and autonomous robots. The round was led by Craft Ventures with participation from Catapult Ventures, Multicoin Capital, and Sky Dayton, and the company is developing an integrated system-on-a-chip to replace fragmented hardware stacks and reduce reliance on foreign components. - learn more
      • Rainfall Ventures participated in Stendr’s $5.4M pre-seed round, backing the Norwegian defense tech startup as it builds an AI-native platform for drone detection and counter-drone operations. The round was co-led by Rainfall alongside ACME Capital and Skyfall, with additional participation from Antler, StartupLab, and other early-stage investors, and the company plans to use the funding to accelerate development of its multi-sensor technology and expand engineering capabilities. - learn more
      • Slauson & Co. participated in Slate Auto’s $650M funding round, backing the EV startup as it works to bring a lower-cost electric pickup truck to market. The round was led by TWG Global and comes as the Bezos-backed company prepares to begin production, targeting a more affordable segment of the EV market with a customizable truck expected to launch later this year. - learn more
      • Navitas Capital co-led Primepoint’s $10M seed round, backing the AI startup as it builds a platform that reads and connects complex construction drawings to streamline project workflows. The round also included investors like Penny Jar Capital, NextView Ventures, GS Futures, and Aglaé Ventures, and the company plans to use the funding to expand its platform and grow adoption among large commercial contractors. - learn more
      • Alexandria Venture Investments participated in Neomorph’s $100M Series B, backing the biotech company as it advances its molecular glue degrader platform targeting previously undruggable diseases. The round was led by Deerfield Management with participation from Regeneron Ventures, Longwood Fund, and Binney Street Capital, and the company plans to use the funding to support ongoing clinical trials and expand its broader drug development pipeline. - learn more

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      Hermeus Moves In. Uber Lines Up. LA Wins.

      🔦 Spotlight

      Hello, Los Angeles.

      This week’s transportation news says a lot about where LA is headed and who wants to build here.

      Start with Hermeus, which hit a $1 billion valuation after raising $350 million as it works on high-speed aircraft for defense applications. More notably for Los Angeles, the company is moving its headquarters to El Segundo, adding to the region’s growing aerospace and defense cluster. The round was led by Khosla Ventures, with participation from returning backers including Canaan Partners, Founders Fund, RTX Ventures, Bling Capital, and In-Q-Tel, along with new investors including Cox Enterprises, Socium Ventures, Destiny Tech100, Georgia Tech Foundation, 137 Ventures, and GSBackers.

      Then there’s Uber, which made two separate autonomous vehicle announcements that both put Los Angeles in the rollout map.

      The first is a partnership with Zoox, Amazon’s autonomous vehicle company. Uber said the service is expected to launch in Las Vegas in summer 2026 and then come to Los Angeles by mid-2027, giving riders the option to match with a Zoox robotaxi through the Uber app.

      The second is a new deal with MOIA America, which plans to deploy autonomous ID. Buzz vehicles on the Uber platform in Los Angeles by the end of 2026.

      Taken together, the message is pretty straightforward: LA is not just watching the future of transportation take shape, it is increasingly being used as the place to test it, scale it, and sell it. Hermeus is bringing its headquarters here as defense aviation regains momentum. Uber is lining up autonomous partners with Los Angeles as a target market. Different companies, different timelines, same conclusion: a meaningful share of the next transportation cycle is being built with LA in mind.

      Below are this week’s venture deals, fund announcements, and acquisitions across LA.


      🤝 Venture Deals

      LA Companies
      • PeakMetrics raised a $6M Series A to scale its AI-powered narrative intelligence platform, which helps organizations track how information spreads online and identify risks from misinformation and coordinated campaigns. The round was led by Moneta Ventures with participation from Techstars, Parameter Ventures, VITALIZE Venture Capital, and Gurtin Ventures, and the company plans to use the funding to enhance its real-time detection capabilities and expand adoption across enterprise and government customers. - learn more
      • Hybron raised a $25M seed round to scale its advanced carbon fiber composite manufacturing technology, which aims to produce high-performance components faster and at lower cost than traditional methods. The round was led by Marque Ventures with participation from a mix of venture firms and strategic investors, and the company plans to use the funding to expand manufacturing capacity, grow its team, and support increasing demand from aerospace and defense programs. - learn more

      LA Venture Funds

      • Emmeline Ventures participated in Osteoboost’s $8M funding round, backing the company as it expands access to its FDA-cleared wearable designed to treat low bone density in postmenopausal women. The round was led by Ambit Health Ventures with participation from Disrupt Health Impact Fund and others, and the company plans to use the capital to scale manufacturing, expand clinical research, and grow commercial adoption. - learn more
      • Bonfire Ventures led Juno’s $12M seed round, backing the AI-powered tax preparation platform as it aims to automate up to 90% of the manual work in tax filing for accounting firms. The round included participation from Impression Ventures and Xfund, and the company says its software can significantly reduce preparation time while keeping CPAs in the loop for review and advisory work. - learn more
      • Alexandria Venture Investments participated in Sidewinder Therapeutics’ $137M Series B, which will help fund the company’s push to bring its precision bispecific ADC cancer programs into the clinic. The round was co-led by Frazier Life Sciences and Novartis Venture Fund, and Sidewinder said it expects to advance its lead program into clinical development in 2027. - learn more
      • Slauson & Co. participated in Flora Fertility’s $5M seed round, backing the company as it builds what it describes as an individually owned fertility insurance platform that is not tied to an employer. The round was led by ManchesterStory, and Flora plans to use the funding to scale a model aimed at making fertility coverage more portable and accessible for consumers. - learn more
      • Mucker Capital participated in Fastrflow’s $375K early funding round, backing the startup as it builds a screen-aware AI copilot designed to assist students and professionals directly within their workflows. The company is focused on creating an assistant that can understand what’s on a user’s screen in real time to provide contextual help, positioning itself as a more integrated alternative to traditional standalone AI tools. - learn more

      LA Exits

      • Modern Animal has been acquired by Chewy, giving the pet e-commerce giant a much bigger physical veterinary footprint as it expands deeper into healthcare. The deal brings Chewy an additional 29 clinics, 24/7 virtual care, and a membership-based model, and is expected to grow Chewy Vet Care from 18 to 47 locations nationwide while adding more than $125 million in annualized run-rate revenue. - learn more
      • Honk has been acquired by Frontenac, with the Los Angeles roadside assistance software company simultaneously completing an add-on acquisition of CurbsideSOS as part of the deal. The combination is meant to scale Honk’s platform for roadside assistance, towing, and accident management, with former Grubhub executives including Adam DeWitt, Matt Maloney, and Eric Ferguson joining the company to lead its next phase of growth. - learn more

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