Espoo (Finland) \u2014 IXI, an Espoo-based startup deve\u00adlo\u00adping the worl\u00add\u2019s first auto\u00adfo\u00adcus eyewear, has raised \u20ac32.2 million in Series A funding to fina\u00adlize product deve\u00adlo\u00adp\u00adment of IXI Adap\u00adtive Eyewear and launch commer\u00adcial operations.<\/p>\n
The round was led by Plural<\/strong>, with parti\u00adci\u00adpa\u00adtion from Tesi, byFoun\u00adders, Heart\u00adcore, Eura\u00adzeo, FOV Ventures, Tiny Super\u00adcom\u00adpu\u00adter<\/strong> and exis\u00adting inves\u00adtors Maki.vc, First Fellow, Amazon Alexa Fund , First\u00admi\u00adnute Capi\u00adtal, John Lind\u00adfors, Illu\u00adsian <\/strong>and Bragiel Brot\u00adhers<\/strong>.<\/p>\n Niko Eiden, co-foun\u00adder and CEO of IXI, said: \u201cEyewear is the oldest garment in the world, rooted in centu\u00adries of science, design and craft\u00adsman\u00adship. Yet it\u2019s incre\u00addi\u00adble that we haven\u2019t seen more leaps in tech\u00adno\u00adlogy, forcing milli\u00adons of people to compro\u00admise on the way they see the world. The time for change is now. We\u2019re about to create a whole new era of tech\u00adno\u00adlogy for vision \u2014 and we can\u2019t wait to show the world what\u2019s in store. Backed by inves\u00adtors who reco\u00adgnize the scale of this oppor\u00adtu\u00adnity, we are ready to rede\u00adfine the possi\u00adbi\u00adli\u00adties of eyewear.\u201d<\/p>\n Foun\u00added in 2021 by a team from the fields of weara\u00adble tech\u00adno\u00adlogy, optics and indus\u00adtrial design, IXI aims to disrupt the \u20ac175 billion eyewear market with dyna\u00admic lenses that auto\u00adma\u00adti\u00adcally adapt to the wearer\u2019s eyes. \u2014 The tech\u00adno\u00adlogy offers a wider field of vision in a product that works exactly as nature inten\u00added for the eyes\u201d. <\/p>\n The foun\u00adders of IXI, Niko Eiden (CEO) <\/strong>and Ville Miet\u00adti\u00adnen (Chief Algo\u00adrithm Offi\u00adcer)<\/strong>, were previously co-foun\u00adders of the mixed reality hard\u00adware startup Varjo<\/strong>. Their expe\u00adri\u00adence with advan\u00adced optics and eye-track\u00ading solu\u00adti\u00adons inspi\u00adred them to deve\u00adlop a new type of eyewear that solves the chall\u00adenge of vision correc\u00adtion and addres\u00adses the chal\u00adlenges of poor eyesight. <\/p>\n Dyna\u00admic lens technology<\/strong><\/p>\n IXI aims to create a new cate\u00adgory of eyewear charac\u00adte\u00adri\u00adzed by real-time and ultra-low-power eye-track\u00ading and dyna\u00admic lens tech\u00adno\u00adlogy. The company\u2019s mission is to break the boun\u00adda\u00adries of tradi\u00adtio\u00adnal eyewear, which IXI belie\u00adves have exis\u00adted for centu\u00adries. Accor\u00adding to the company, conven\u00adtio\u00adnal progres\u00adsive lenses force wearers to compro\u00admise: Narrow fields of vision, peri\u00adphe\u00adral distor\u00adtion and diffi\u00adculty seeing clearly at diffe\u00adrent distances are common compromises. <\/p>\n IXI belie\u00adves that as the worl\u00add\u2019s popu\u00adla\u00adtion ages, the number of pres\u00adby\u00adopia diagno\u00adses will increase and milli\u00adons of people will face signi\u00adfi\u00adcant compro\u00admi\u00adses in multi\u00adfo\u00adcal vision, turning an alre\u00adady wide\u00adspread chall\u00adenge into a looming global problem.<\/p>\n Sten Tamkivi, Part\u00adner at Plural Plat\u00adform<\/strong> (photo \u00a9 Sten Tamkivi), said: \u201cNiko, Ville and the team have a rare Euro\u00adpean hard\u00adware exper\u00adtise that puts them at the fore\u00adfront of advan\u00adced optics and eye-track\u00ading deve\u00adlo\u00adp\u00adments. They are deve\u00adlo\u00adping a wonderful, lite\u00adrally invi\u00adsi\u00adble tech\u00adno\u00adlogy that will pioneer a new approach to vision and improve human vision once and for all. By support\u00ading IXI, we are not just inves\u00adt\u00ading in a company, but in a future where tech\u00adno\u00adlogy is revo\u00adlu\u00adtio\u00adni\u00adzing the way we see the world. <\/p>\n https:\/\/ixieyewear.com<\/p>\n https:\/\/pluralplatform.com<\/p>\n","protected":false},"excerpt":{"rendered":" Espoo (Finland) \u2014 IXI, an Espoo-based startup deve\u00adlo\u00adping the worl\u00add\u2019s first auto\u00adfo\u00adcus eyewear, has raised \u20ac32.2 million in Series A funding to fina\u00adlize product deve\u00adlo\u00adp\u00adment of IXI Adap\u00adtive Eyewear and launch commer\u00adcial opera\u00adti\u00adons. The round was led by Plural, with parti\u00adci\u00adpa\u00adtion from Tesi, byFoun\u00adders, Heart\u00adcore, Eura\u00adzeo, FOV Ventures, Tiny Super\u00adcom\u00adpu\u00adter and exis\u00adting inves\u00adtors Maki.vc, First [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":56060,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-56062","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"\n