LightSpace Technologies - About the company
LightSpace Technologies is an acquired company based in Marupe (Latvia), founded in 2014 by Ilmars Osmanis and Bailey Wallace. It operates as a Developer of 3D Volumetric imaging systems. LightSpace Technologies has raised $3.62M in funding. The company has 225 active competitors, including 85 funded and 32 that have exited. Its top competitors include companies like Magic Leap, ClearPoint Neuro and Augmedics.
Company Details
Developer of 3D Volumetric imaging systems. The company has multi-focal technology that uses multiple screens for the visualization of eye surgeries. The company's products include augmented reality-based headsets for visualization and to eliminate errors in operating rooms.
- Website
- lightspace3d.com
- Social
- Email ID
- *****@lightspace3d.com
- Phone Number
- +371 **********
- Registered Address
- Mārupes nov., Mārupe, Zemzaru iela 3
Key Metrics
Founded Year
2014
Location
Marupe, Latvia
Stage
Acquired
Total Funding
$3.62M in 8 rounds
Latest Funding Round
Ranked
17th among 225 active competitors
Annual Revenue
€0 - €1M as on Dec 31, 2024
Employee Count
28 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Summadefence (Dec 03, 2024)
Legal entities associated with LightSpace Technologies
LightSpace Technologies is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Lightspace Technologies CIN: 40103758550 , Latvia, Active | Feb 12, 2014 | €0 - €1M (As on Dec 31, 2024) | 42 (As on Dec 31, 2022) | - |
LightSpace Technologies's acquisition details
LightSpace Technologies got acquired by Summadefence on Dec 03, 2024.
Click here to take a look at LightSpace Technologies's acquisition in detail
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LightSpace Technologies's funding and investors
LightSpace Technologies has raised a total funding of $3.62M over 8 rounds. Its first funding round was on Dec 2014. Its latest funding round was a Convertible Debt round on May 24, 2022 for $*****. 1 investor participated in its latest round. LightSpace Technologies has 6 institutional investors.
Here is the list of recent funding rounds of LightSpace Technologies:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 24, 2022 | 9825600 | Convertible Debt | 8811692 | 3468278 | 6267095 | 8149924 |
Oct 22, 2021 | 6595410 | Convertible Debt | 8807681 | 3661751 | 9086844 | 6577025 |
Jun 08, 2020 | 6235137 | Grant (prize money) | 6056011 | 4625788 | 3783723 |
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LightSpace Technologies' founders and board of directors
Founder? Claim ProfileThe founders of LightSpace Technologies are Ilmars Osmanis and Bailey Wallace. Ilmars Osmanis is the CEO of LightSpace Technologies.
Here are the details of LightSpace Technologies' key team members:
- Ilmars Osmanis: Co-Founder & CEO of LightSpace Technologies.
- Bailey Wallace: Co-Founder of LightSpace Technologies.
View details of LightSpace Technologies's Founder profiles and Board Members
LightSpace Technologies' employee count trend
LightSpace Technologies has 28 employees as of Sep 26. Here is LightSpace Technologies's employee count trend over the years:
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LightSpace Technologies's Competitors and alternates
Top competitors of LightSpace Technologies include Magic Leap, ClearPoint Neuro and Augmedics. Here is the list of Top 10 competitors of LightSpace Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Magic Leap 2011, Plantation (United States), Acquired | Provider of a head-mounted virtual retinal display to view augmented reality | $3.48B | 70/100 | |
2nd |  ClearPoint Neuro 1998, Irvine (United States), Public | Developer of MRI-guided stereotactic system for neurological interventions | $33.7M | 66/100 | |
3rd |  Augmedics 2014, Arlington Heights (United States), Series D | Developer of augmented reality navigation systems for spine surgical procedures | $143M | 66/100 | |
4th | Manufacturer of digital hardware and software for surgical medical procedures | $7.3M | 65/100 | ||
5th |  Elucent Medical 2014, Eden Prairie (United States), Series C | Developer of surgical guidance technology and smart surgical tools | $49.7M | 64/100 | |
6th | Intellijoint 2010, Kitchener (Canada), Series A | Provider of comprehensive business consulting and professional services | $24.7M | 62/100 | |
7th | Developer of waveguide displays for augmented reality devices and glasses | $54.6M | 62/100 | ||
8th |  HRS Navigation 2015, Bengaluru (India), Seed | Manufacturer of surgical navigation systems for cranial, spinal, and ENT surgeries | $7.58M | 61/100 | |
9th | Avegant 2012, Belmont (United States), Series C | Develops hardware and software-based light field technology solutions | $81.7M | 59/100 | |
10th |  Rokid 2014, Redwood City (United States), Series C | Provider of artificial intelligence-based smart AR glasses | $5.58M | 58/100 | |
17th | LightSpace Technologies 2014, Marupe (Latvia), Acquired | Developer of 3D Volumetric imaging systems | $3.62M | 56/100 |
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LightSpace Technologies's Investments and acquisitions
LightSpace Technologies has made no investments or acquisitions yet.
Reports related to LightSpace Technologies
Here is the latest report on LightSpace Technologies's sector:
News related to LightSpace Technologies
Media has covered LightSpace Technologies for 1 event in last 1 year, It was about company updates.
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Lightspace Technologies Receives Order for High-Resolution AR HeadsetCision•Mar 04, 2026•LightSpace Technologies
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Lightspace Technologies Participates in VR Health ChampionsLightSpace Technologies•Jul 24, 2025•LightSpace Technologies
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Lightspace invests in new production facilities to meet growing demand in defense marketsCision•Jun 27, 2025•Summadefence, LightSpace Technologies
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Global Volumetric 3D Display Market Insights 2018-2025:- 3DIcon Corporation , LightSpace Technologies Inc , Voxon , Holografika KftNov 18, 2018•The Coretec Group, LightSpace Technologies, Voxon, Holografika
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Lightspace Technologies - Labs of LatviaLabs of Latvia•LightSpace Technologies, BaltCap, Imprimatur Capital
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