XPANCEO Raises $250M to Advance XR Sensible Contact Lens Know-how
July 9, 2025 — XPANCEO, a deep tech firm creating good contact lenses for prolonged actuality (XR) computing, has introduced the shut of a USD $250 million Sequence A funding spherical at a USD $1.35 billion valuation, formally attaining unicorn standing.
In accordance with XPANCEO, the funding will assist the corporate’s efforts to launch what it describes because the world’s first all-in-one good contact lens, combining XR, real-time well being monitoring, night time imaginative and prescient, and zoom performance right into a single wearable gadget.
“There’s broad consensus throughout Huge Tech that AI-powered wearable XR is the long run. But, main gamers have solely not too long ago begun constructing glasses and headsets, so our good lens expertise places us at the least 5 years forward,” stated Roman Axelrod, founder and Managing Accomplice at XPANCEO. “Changing into a unicorn is a robust sign that we’re on the best path.”
The spherical was led by Alternative Enterprise (Asia), which additionally led XPANCEO’s USD $40 million seed spherical. The brand new capital shall be used to advance improvement, develop the corporate’s R&D, product, design, and operations groups, and speed up its path to market.
“We see XPANCEO as a once-in-a-generation undertaking,” stated Philip Ma, Managing Director of Alternative Enterprise (Asia). “They’re not simply constructing a product, they’re rewriting the foundations of non-public tech. We backed them early as a result of we noticed the boldness of their imaginative and prescient.”
Since its earlier funding spherical in 2023, XPANCEO has developed 15 working prototypes, together with lenses for: AR imaginative and prescient; intraocular stress sensing for glaucoma monitoring; biochemical sensing of well being markers reminiscent of glucose; real-time wi-fi charging; night time imaginative and prescient; colour correction; and 3D imaging.
“To construct one thing this bold, we needed to push the boundaries of science itself,” stated Dr. Valentyn S. Volkov, Founder and Scientific Accomplice at XPANCEO.
The corporate has printed 110 scientific papers and collaborates with establishments such because the College of Manchester, the Nationwide College of Singapore, Donostia Worldwide Physics Heart, and the College of Dubai.
“With this funding, XPANCEO is poised to guide the post-smartphone period and redefine the non-public computing panorama,” added Ma.
To study extra about XPANCEO and its good contact lens options, click on here.
Picture / video credit score: XPANCEO
Sam is the Founder and Managing Editor of Auganix. With a background in analysis and report writing, he has been protecting XR trade information for the previous seven years.
