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Amazon-backed Nordic startup IXI raises $36.5m in Series A funding for autofocus glasses aimed at improving vision without compromising design.

Apr 29, 20258 months ago

Amount Raised

$36.5 Million

Round Type

series a

EspooConsumer Electronics

Investors

Amazon

Description

IXI, founded in 2021, has secured $36.5 million in Series A funding led by Amazon. The startup aims to revolutionize vision correction with their innovative autofocus glasses. Founded by Niko Eiden and Ville Miettinen, IXI addresses common issues with traditional lenses. The funding will be used to further develop their advanced eyewear technology.

Company Information

Company

IXI

Location

Espoo, Uusimaa, Finland

About

IXI, founded in 2021 by Niko Eiden and Ville Miettinen, specializes in developing autofocus glasses aimed at solving vision correction challenges. The founders leverage their expertise from their previous venture, Varjo, to create eyewear that addresses issues such as peripheral distortion and limited fields of view commonly associated with traditional progressive lenses. Their innovative approach combines advanced optics with eye tracking technology to enhance the user experience without compromising on design.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech