WaveOptics - About the company
WaveOptics is an acquired company based in Abingdon (United Kingdom), founded in 2014 by Sumanta Talukdar and David Grey. It operates as a Developer of waveguides for AR-based smart glasses. WaveOptics has raised $54.9M in funding from investors like Octopus Ventures, Imperial Innovations and Robert Bosch Venture Capital. The company has 382 active competitors, including 96 funded and 21 that have exited. Its top competitors include companies like XREAL, RealWear and Magic Leap.
Company Details
- Website
- waveoptics.ar
- Social
- Registered Address
- 141 PARK DRIVE,MILTON,ABINGDON,ENGLAND,OX14 4SR
Key Metrics
Founded Year
2014
Location
Abingdon, United Kingdom
Stage
Acquired
Total Funding
$54.9M in 4 rounds
Latest Funding Round
Investors
Ranked
55th among 382 active competitors
Employee Count
77 as on May 31, 2026
Exit Details
Acquired by Snap (May 21, 2021)
Legal entities associated with WaveOptics
WaveOptics is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Wave Optics Limited CIN: 8202019 , United Kingdom, Active | Sep 04, 2012 | - | 115 (As on Dec 31, 2023) | |
WaveOptics Ltd CIN: 8202019 , United Kingdom, Active | Sep 04, 2012 | £1M - £10M (As on Dec 31, 2018) | 132 (As on Dec 31, 2021) |
WaveOptics's acquisition details
Click here to take a look at WaveOptics's acquisition in detail
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WaveOptics's funding and investors
WaveOptics has raised a total funding of $54.9M over 4 rounds. Its first funding round was on Dec 14, 2015. Its latest funding round was a Series C round on Sep 10, 2019 for $*****. 2 investors participated in its latest round. WaveOptics has 14 institutional investors.
Here is the list of recent funding rounds of WaveOptics:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 10, 2019 | 6610693 | Series C | 5967813 | 6615815 | 6486720 | 1655083 |
Dec 11, 2018 | 5366966 | Series C | 7400798 | 7294544 | 3824221 | |
Jul 17, 2017 | 7165488 | Series B | 2194518 | 5809651 |
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WaveOptics' founders and board of directors
Founder? Claim ProfileThe founders of WaveOptics are Sumanta Talukdar and David Grey.
Here are the details of WaveOptics' key team members:
- Sumanta Talukdar: Co-Founder of WaveOptics and founder of 2 other companies, WaveOptics and WaveOptics. They serve on the board of 1 company.
- David Grey: Co-Founder of WaveOptics and founder of 2 other companies, WaveOptics and WaveOptics.
View details of WaveOptics's Founder profiles and Board Members
WaveOptics' employee count trend
WaveOptics has 77 employees as of May 26. Here is WaveOptics's employee count trend over the years:
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WaveOptics's Competitors and alternates
Top competitors of WaveOptics include XREAL, RealWear and Magic Leap. Here is the list of Top 10 competitors of WaveOptics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of augmented reality smart glasses and immersive display technology | $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 | Provider of optical displays for HMDs | $57M | 67/100 | ||
5th | Lucyd 2017, Miami (United States), Public | Internet-first brand offering smart glasses and eyewear | $649K | 66/100 | |
6th | Looking Glass Factory 2013, New York City (United States), Series B | Provider of volumetric 3D display solutions | $30.1M | 63/100 | |
7th | Vuzix 1997, Rochester (United States), Public | Provider of smart glasses for remote support and teleconferencing | - | 62/100 | |
8th |  Brilliant Labs 2019, Singapore (Singapore), Seed | AR-based open-source ecosystem for developers and hackers | $6M | 62/100 | |
9th | Developer of waveguide displays for augmented reality devices and glasses | $54.6M | 60/100 | ||
10th | AR based browser stickers | $42M | 58/100 | ||
55th |  WaveOptics 2014, Abingdon (United Kingdom), Acquired | Developer of waveguides for AR-based smart glasses | $54.9M | 41/100 |
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WaveOptics's Investments and acquisitions
WaveOptics has made no investments or acquisitions yet.
Reports related to WaveOptics
Here is the latest report on WaveOptics's geography:
News related to WaveOptics
Filter this list•
TitanML raises $2.8m in seed funding roundBusiness Leader•Oct 12, 2023•TitanML, Octopus Ventures, WaveOptics, Cazoo and 2 others
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Zedsen Appoints Technology Experts Michael Lynch and Martin HarrimanZedsen•Jul 18, 2023•Zedsen, WaveOptics
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Tech experts join JT boardBailiwick Express•Jun 25, 2021•Japan Tobacco, WaveOptics, Community Fibre, Countrywide
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Snap buys Wave, bets AR glasses will replace phonesLight Reading•May 24, 2021•WaveOptics, Snap, WaveOptics
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Augmented Reality Prescription Glasses Available Soon From Luxexcel And Waveoptics3D Printing Industry•Feb 11, 2021•Luxexcel, WaveOptics
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JT Group appoints two non-executive directorsTelecompaper•Jul 27, 2020•Japan Tobacco, WaveOptics, Pace, Du and 1 other
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SCHOTT and WaveOptics Enter Into Strategic Supply PartnershipBusiness Wire•Feb 03, 2020•Schott AG, WaveOptics, WaveOptics
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WaveOptics launches waveguide that will bring AR wearables to the mass marketWaveOptics•Feb 03, 2020•WaveOptics, WaveOptics
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