Azalea Vision

Ghent, Belgium Founded: 2018 • Age: 8 yrs
Developer of technology for people with high light sensitivity and ocular disorders
Annual revenue - Latest available
Total funding $19.7M 3 rounds
Employees 7 Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Azalea Vision

Azalea Vision is a company based in Ghent (Belgium) founded in 2018 by Peter Vermeulen. Azalea Vision has raised $19.72 million across 3 funding rounds from investors including imec.xpand, VLAIO and SPRIM Global Investments. The company has 7 employees as of December 31, 2022. Azalea Vision offers products and services including Intelligent Ocular Devices and ALMA Technology. Azalea Vision operates in a competitive market with competitors including Neurolens, Laclarée, SynergEyes, Nexis Vision and ABH Optics, among others.

  • Headquarter Ghent, Belgium
  • Employees 7 as on 31 Dec, 2022
  • Founders Peter Vermeulen
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Azalea Vision
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$897.26 K (USD)
    0
    as on Dec 31, 2021
  • EBITDA
    -$895.86 K (USD)
    0
    as on Dec 31, 2021
  • Total Equity Funding
    $19.72 M (USD)

    in 3 rounds

  • Latest Funding Round
    $10.27 M (USD), Series A

    Apr 29, 2025

  • Investors
    imec.xpand

    & 4 more

  • Employee Count
    7

    as on Dec 31, 2022

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Products & Services of Azalea Vision

Azalea Vision offers a comprehensive portfolio of products and services, including Intelligent Ocular Devices and ALMA Technology.

Product name locked
Category locked
Primary

Enhances vision with sensing and real-time interaction capabilities.

Product name locked
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Provides advanced ocular health monitoring and therapeutic features.

Funding Insights of Azalea Vision

Azalea Vision has successfully raised a total of $19.72M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10.27 million completed in April 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 Azalea Vision

Azalea Vision has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include imec.xpand, VLAIO and SPRIM Global Investments.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
SPRIM Global Investments is focused on funding life science innovations.
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Venture capital firm focused on early-stage investments
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Investments & Acquisitions by Azalea Vision

Investments
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Investment portfolio details for Azalea Vision

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Financial Statements - Azalea Vision

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Detailed financials for Azalea Vision

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Azalea Vision Comparisons

Azalea Vision Primary company
Description
Developer of technology for people with high light sensitivi...
Location
Ghent, Belgium
Founded Year
2018
Annual Revenue
Not available
Net Profit
-$897.26 K (USD)
EBITDA
-$895.86 K (USD)
Employees
7
As of 2022
Premium access

Peer comparison for Azalea Vision

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Competitors of Azalea Vision

Azalea Vision 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 Neurolens, Laclarée, SynergEyes, Nexis Vision and ABH Optics, among others.

Company Name Domain Founded year HQ Location Description
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Provider of prescription lenses and solution for problems related to Digital Vision Syndrome
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Eye-wear solutions for presbyopia correction are developed using liquid refraction.
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Hybrid contact lense manufacturers
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Ocular lens and surface technologies for ophthalmic devices are developed.
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Developer of lightweight eyeglass lenses
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Detailed competitors of Azalea Vision

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Latest news on Azalea Vision

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Frequently Asked Questions about Azalea Vision

Azalea Vision was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Azalea Vision is headquartered in Ghent, Belgium. It is registered at Ghent, East Flanders, Belgium.

Azalea Vision is a funded company, having raised a total of $19.72M across 3 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Azalea Vision is 7.

Developer of technology for people with high light sensitivity and ocular disorders. The company has developed an active light management system, embedded inside a contact lens. It helps in the treatment of iris deficiencies, high order aberrations, light sensitivity, and photophobia.

Azalea Vision's top competitors include Neurolens, Laclarée and SynergEyes.

Azalea Vision offers Intelligent Ocular Devices and ALMA Technology.

Azalea Vision has 5 investors. Key investors include imec.xpand, VLAIO, SPRIM Global Investments, Afrimobility, and Elaia.

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