Fundz

Xpanceo raised $40M in a seed funding round to develop smart contact lenses for augmented reality and wearable technology.

PRIVATEApr 14, 2024

Amount Raised

$40 Million

Round Type

Seed

DubaiManufacturing

Description

Xpanceo has secured a $40 million seed funding round to advance its smart contact lens project, aiming to revolutionize augmented reality and wearable technology. Co-founders Roman Axelrod and Valentyn S. Volkov are leading the charge to redefine the way people interact with technology.

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Company Information

Company

Xpanceo

Location

Dubai, Dubai, United Arab Emirates

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.

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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.

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