Fundz

Xpanceo, A Deep Tech Startup, Raises $40M To Focus On Smart Contact Lenses

PRIVATEOct 16, 2023

Amount Raised

$40 Million

Round Type

Funding Round

Manufacturing

Description

Smartphone sales have had their worst quarterly performance in over a decade, and fact that raises two big questions. Have the latest models finally bored the market with mere incremental improvements? And if they have, what will the next form factor (and function) be? Today a deep tech startup called Xpanceo is announcing $40 million in funding from a single investor, Opportunity Ventures in Hong Kong, to pursue its take on one of the possible answers to that question: computing devices in the form of smart contact lenses.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Xpanceo that raised within 45 days of this round, from Fundz verified event records.

  • VISIE raised $8.2M (Funding Round) on November 30, 2023.
  • Myni raised an undisclosed amount (Funding Round) on November 30, 2023.
  • Ursa Major Technologies raised $138M (Funding Round) on November 30, 2023.
  • HummingbirdEV raised an undisclosed amount (Series A) on November 30, 2023.
  • BioFluff raised $2.5M (Seed) on November 30, 2023.
  • Darkhive raised $4M (Seed) on November 30, 2023.

Who to call at Xpanceo, and when

A new round usually means Xpanceo is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Xpanceo raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Xpanceo, from your own LinkedIn network

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Company Information

Company

Xpanceo

About

XPANCEO is a deep tech company developing the next generation of computing via an invisible and weightless smart contact lens that is as natural to the wearer as their own vision. Our lens reinvents the whole concept of human-technology interaction and redefines the way we experience both real and digital worlds including social media, content consumption, and gaming. Merging all your gadgets into one, the lens transforms the everyday into an infinite eXtended Reality experience, replete with advanced real-time health monitoring and comprehensive practical recommendations, superpowers like night vision and zoom, and cutting-edge privacy and security measures.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Xpanceo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsDaria D., Director Marketing CommunicationsSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Xpanceo's next move

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Xpanceo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.