Avegant

Belmont, United States Founded: 2012 • Age: 14 yrs
Hardware and software-based light field technology solutions are developed.
Annual revenue - Latest available
Total funding $81.7M 7 rounds
Employees 20 Tracked headcount
Investors 11 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Avegant Corporation
Operational Areas
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $81.7 M (USD)

    in 7 rounds

  • Latest Funding Round
    $14.76 M (USD), Series C

    May 09, 2025

  • Investors
    Intel

    & 10 more

  • 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.

Product name locked
Category locked
Primary

Delivers smallest LED engines for high-performance AR visuals.

Product name locked
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Enables lightweight AR glasses with vibrant color and clarity.

People of Avegant

Headcount 10-50
Employee Profiles 14
Employee Profiles
People
Edward Tang
CEO & Co-Founder
People
Annie Rogaski
COO
People
Joseph Battelle
Platform Software Architect (SDE)
People
Baker Ngan
Embedded Software/Firmware Engineer, R&D

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Startups at all stages are invested in by NHN Investment.
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Education startups are funded and mentored by Intel-backed accelerator.
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Venture capital firm focused on software, fintech, marketplaces, and consumer internet
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Investor details for Avegant

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Investments & Acquisitions by Avegant

Investments
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Investment portfolio details for Avegant

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Financial Statements - Avegant

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Detailed financials for Avegant

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Avegant Comparisons

Avegant Primary company
Description
Hardware and software-based light field technology solutions...
Location
Belmont, United States
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
20
As of 2022
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Peer comparison for Avegant

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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.

Company Name Domain Founded year HQ Location Description
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Augmented-reality smart eyewear is offered by XREAL for device compatibility.
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Head-mounted virtual retinal displays for augmented reality viewing are provided.
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Smart glasses are provided for remote support and teleconferencing.
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Provider of wearable heads-up display for industrial workers
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Designs optical waveguide technology for HUD, AR and biometric applications
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AR-based platforms for industrial remote assistance are provided.
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Detailed competitors of Avegant

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Latest news on Avegant

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Complete news archive for Avegant

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Frequently Asked Questions about Avegant

Avegant was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Avegant is headquartered in Belmont, United States. It is registered at Belmont, California, United States.

Avegant is a funded company, having raised a total of $81.7M across 7 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Avegant is 20.

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.

Avegant's top competitors include RealWear, XREAL and Magic Leap.

Avegant offers Light Engine and AR Glasses Components.

Avegant has 11 investors. Key investors include Intel, Applied Materials, Liaison Interactive, NHN Investment, and Intel Education Accelerator.

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