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Xpanceo raises $250 million in Series A funding led by Opportunity Venture (Asia) Ltd. to develop smart contact lenses with night vision and health monitoring capabilities.

Jul 08, 2025•8 days ago

Amount Raised

$250 Million

Round Type

series a

DubaiManufacturing

Investors

Opportunity Venture (Asia) Ltd.

Description

Xpanceo has raised $250 million in Series A funding to develop smart contact lenses that offer night vision, zoom capabilities, and real-time health monitoring. The funding round was led by Hong Kong-based Opportunity Venture (Asia) Ltd. The latest investment values the company at $1.35 billion. Founded in 2021, Xpanceo aims to replace gadgets with its innovative lenses.

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.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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