
United Arab Emirates · Electrical/electronic manufacturing startup
XPANCEO is a Dubai-based deep-tech company focused on developing the world's first smart contact lens, designed to serve as an invisible computing platform for the AI era.
Funding reportedLast round: Seed
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XPANCEO is a Dubai-based deep-tech company focused on developing the world's first smart contact lens, designed to serve as an invisible computing platform for the AI era.
Founded in 2021 by Roman Axelrod and Dr. Valentyn S., the company operates an Emerging Technology Research Center in Dubai, employing over 100 scientists, engineers, and product experts. The core product is an AI-powered Extended Reality (XR) contact lens that integrates multiple functionalities, including all-in-one computing, night vision, zoom capabilities, real-time health monitoring, and advanced privacy measures. XPANCEO has showcased nine advanced prototypes and plans to demonstrate an integrated prototype publicly in early 2027. The company has secured significant funding, becoming a unicorn with a $250 million Series A round, and has been recognized as one of 2024’s hottest startups. Its technology targets various sectors, including healthcare, sports, navigation, and enterprise, aiming to replace personal devices with a seamless, AI-driven interface.
Funding, as reported
What they build
Known for
hardwarehealth careflexible technologyconsumersquantum optical materialsreal-time dataenvironmentally friendlyai-powered featuresmanufacturingwearable computingvision enhancementprivacy and securityweightless devicetopological phase singularitiesmarket disruptioncorporate research
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