Avegant - About the company
Avegant is a series C company based in Belmont (United States), founded in 2012. It operates as a Develops hardware and software-based light field technology solutions. Avegant has raised $81.7M in funding from investors like Intel, Walden International and NHN Investment. The company has 285 active competitors, including 74 funded and 14 that have exited. Its top competitors include companies like XREAL, RealWear and Magic Leap.
Company Details
Avegant develops hardware and software-based light field technology solutions. The company has developed a new mixed reality platform which will enable companies to develop products using their technology. Features include refining concepts with visual models, transform 2D models and sketches into 3D assets, create blueprints and schematics for structures, systems etc, collaborate with other engineers and team members, etc. Additionally, the company also develops video headsets. Its product Glyph is a virtual retinal display device, which can also be used as a headphone, which projects light onto the eyes of the user instead of an LCD screen. Applications include healthcare and communication.
- Website
- avegant.com
- Social
- Email ID
- *****@avegant.com
- Registered Address
- Belmont, California
Key Metrics
Founded Year
2012
Location
Belmont, United States
Stage
Series C
Total Funding
$81.7M in 7 rounds
Latest Funding Round
Ranked
10th among 285 active competitors
Employee Count
40 as on May 31, 2026
Similar Companies
Legal entities associated with Avegant
Avegant is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AVEGANT CORPORATION CIN: 461029906 , United States, Active | Dec 31, 1999 | - | 20 (As on Dec 31, 2014) | - |
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Avegant's funding and investors
Avegant has raised a total funding of $81.7M over 7 rounds. Its first funding round was on Nov 08, 2013. Avegant has 14 institutional investors.
Here is the list of recent funding rounds of Avegant:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 09, 2025 | 2528289 | Series C | 1291148 | 2179538 | 3008540 | 4335054 |
Jul 06, 2020 | 2686784 | Series B | 6312401 | 9230085 | 2663364 | 3163105 |
Aug 28, 2018 | 3039376 | Series B | 5962396 | 8475511 |
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Avegant's founders and board of directors
Founder? Claim ProfileHere are the details of Avegant's key team members:
- Joerg Tewes: CEO of Avegant.
View details of Avegant's Founder profiles and Board Members
Avegant's employee count trend
Avegant has 40 employees as of May 26. Here is Avegant's employee count trend over the years:
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Avegant's Competitors and alternates
Top competitors of Avegant include XREAL, RealWear and Magic Leap. Here is the list of Top 10 competitors of Avegant, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  XREAL 2017, Sunnyvale (United States), Series D | Developer of augmented reality hardware, software, and related accessories | $433M | 73/100 | |
2nd |  RealWear 2016, Vancouver (United States), Series C | Manufacturer of AI-voice-powered smart glasses for frontline industrial workforces | $128M | 70/100 | |
3rd | Magic Leap 2011, Plantation (United States), Acquired | Provider of a head-mounted virtual retinal display to view augmented reality | $3.48B | 70/100 | |
4th | Lucyd 2017, Miami (United States), Public | Internet-first brand offering smart glasses and eyewear | $649K | 66/100 | |
5th | Vuzix 1997, Rochester (United States), Public | Provider of smart glasses for remote support and teleconferencing | - | 65/100 | |
6th |  Brilliant Labs 2019, Singapore (Singapore), Seed | AR-based open-source ecosystem for developers and hackers | $6M | 62/100 | |
7th | Developer of waveguide displays for augmented reality devices and glasses | $54.6M | 60/100 | ||
8th |  Bright Field of Vision 2014, Chaoyang (China), Series D | Provider of AI-powered smart glasses for multiple purposes | $48.3M | 57/100 | |
9th |  CREAL 2017, Ecublens (Switzerland), Series C | Developer of light field display technology for augmented reality applications | $32M | 57/100 | |
10th | Avegant 2012, Belmont (United States), Series C | Develops hardware and software-based light field technology solutions | $81.7M | 57/100 |
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Avegant's Investments and acquisitions
Avegant has made no investments or acquisitions yet.
News related to Avegant
Filter this listMedia has covered Avegant for 1 event in last 1 year, It was about company updates.
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Avegant and Vuzix Launch New Lightweight Binocular AR Reference DesignPR Newswire•Jan 06, 2026•Quanta Computer, Avegant, Vuzix
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Avegant Announces Breakthrough Spotlight Display Technology for Augmented RealityAiThority•Jan 31, 2024•Avegant
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Dispelix and Avegant Partner to Deliver Advanced Optical Solution for ARPR Newswire•Apr 21, 2022•Dispelix, Avegant
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Avegant Introduces The World's Smallest LED Light Engines For Augmented RealityPR Newswire•Sep 07, 2021•Avegant
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Avegant Closes $12 Million Round of FundingPR Newswire•Aug 28, 2018•Avegant, Applied Materials, Walden International
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