About Avegant
Avegant is a company based in Belmont (United States) founded in 2012.. Avegant has raised $81.7 million across 7 funding rounds from investors including Intel, Applied Materials and Liaison Interactive. The company has 20 employees as of December 31, 2022. Avegant offers products and services including Light Engine and AR Glasses Components. Avegant operates in a competitive market with competitors including XREAL, Magic Leap, Vuzix, RealWear and DigiLens, among others.
- Headquarter Belmont, United States
- Employees 20 as on 31 Dec, 2022
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Avegant Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$81.7 M (USD)
in 7 rounds
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Latest Funding Round
$14.76 M (USD), Series C
May 09, 2025
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Investors
Intel
& 10 more
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Employee Count
20
as on Dec 31, 2022
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Products & Services of Avegant
Avegant offers a comprehensive portfolio of products and services, including Light Engine and AR Glasses Components. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers smallest LED engines for high-performance AR visuals.
Enables lightweight AR glasses with vibrant color and clarity.
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Funding Insights of Avegant
Avegant has successfully raised a total of $81.7M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $14.76 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series C — $14.8M
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First Round
First Round
(08 Nov 2013)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series C - Avegant | Valuation |
investors |
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| Jul, 2020 | Amount | Series B - Avegant | Valuation |
investors |
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| Aug, 2018 | Amount | Series B - Avegant | Valuation | Walden International |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Avegant
Avegant has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Intel, Applied Materials and Liaison Interactive. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Startups at all stages are invested in by NHN Investment.
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Founded Year | Domain | Location | |
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Education startups are funded and mentored by Intel-backed accelerator.
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Founded Year | Domain | Location | |
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Venture capital firm focused on software, fintech, marketplaces, and consumer internet
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Avegant
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Avegant
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Avegant Comparisons
Competitors of Avegant
Avegant operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as XREAL, Magic Leap, Vuzix, RealWear and DigiLens, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Augmented-reality smart eyewear is offered by XREAL for device compatibility.
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| domain | founded_year | HQ Location |
Head-mounted virtual retinal displays for augmented reality viewing are provided.
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| domain | founded_year | HQ Location |
Smart glasses are provided for remote support and teleconferencing.
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| domain | founded_year | HQ Location |
Provider of wearable heads-up display for industrial workers
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| domain | founded_year | HQ Location |
Designs optical waveguide technology for HUD, AR and biometric applications
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| domain | founded_year | HQ Location |
AR-based platforms for industrial remote assistance are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Avegant
Frequently Asked Questions about Avegant
When was Avegant founded?
Avegant was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Avegant located?
Avegant is headquartered in Belmont, United States. It is registered at Belmont, California, United States.
Is Avegant a funded company?
Avegant is a funded company, having raised a total of $81.7M across 7 funding rounds to date. The company's 1st funding round was a Series B of $12M, raised on Nov 08, 2013.
How many employees does Avegant have?
As of Dec 31, 2022, the latest employee count at Avegant is 20.
What does Avegant do?
Avegant was founded in 2012 in Belmont, United States, within the augmented and mixed reality sector. Light field technology solutions are developed through hardware and software, including a mixed reality platform for creating 3D assets from 2D models, generating blueprints, and enabling team collaboration. Video headsets such as the Glyph virtual retinal display are also produced, with applications in healthcare and communication.
Who are the top competitors of Avegant?
Avegant's top competitors include RealWear, XREAL and Magic Leap.
What products or services does Avegant offer?
Avegant offers Light Engine and AR Glasses Components.
Who are Avegant's investors?
Avegant has 11 investors. Key investors include Intel, Applied Materials, Liaison Interactive, NHN Investment, and Intel Education Accelerator.
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