CREAL

Ecublens, Switzerland Founded: 2017 • Age: 9 yrs
Light field display technology for augmented reality applications is developed.
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About CREAL

CREAL is a company based in Ecublens (Switzerland) founded in 2017 by Alexander Kvasov and Tomas Sluka. It operates as a API-as-a-Product. CREAL has raised $20.43 million across 13 funding rounds from investors including ZEISS, European Commission and European Union. CREAL offers products and services including Light Field Display. CREAL operates in a competitive market with competitors including Magic Leap, XREAL, Vuzix, DigiLens and RealWear, among others.

  • Headquarter Ecublens, Switzerland
  • Founders Alexander Kvasov, Tomas Sluka
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Creal Sa
Operational Areas
Technology → Extended, Virtual & Augmented Reality
Technology → Semiconductors, Electronics & Hardware
Technology → Extended, Virtual & Augmented Reality
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $20.43 M (USD)

    in 13 rounds

  • Latest Funding Round
    $8.9 M (USD), Series C

    Jul 11, 2025

  • Investors
    ZEISS

    & 11 more

  • Employee Count
    Employee Count
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Products & Services of CREAL

CREAL offers a comprehensive portfolio of products and services, including Light Field Display. 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.

Primary

Light field display is developed for natural AR vision.

People of CREAL
Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Alexander Kvasov
COO
People
Tomas Sluka
CEO & Co-Founder
People
Natalia Shulga
Head Of Operations
People
Robert V.
Business Development

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Funding Insights of CREAL

CREAL has successfully raised a total of $20.43M across 13 strategic funding rounds. The most recent funding activity was a Series C round of $8.9 million completed in July 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 Rounds 13
  • Last Round Series C — $8.9M
  • First Round

    (08 Nov 2017)

  • Investors Count 12
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2025 Amount Series C - CREAL Valuation ZEISS
Oct, 2024 Amount Series B - CREAL Valuation ZEISS
Mar, 2022 Amount Grant - CREAL Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CREAL

CREAL has secured backing from 12 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include ZEISS, European Commission and European Union. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
Investment in European urban logistics real estate is conducted by DAA Capital Partners.
Founded Year Domain Location
Investments are made by Swisscom Ventures, backed by Swisscom AG.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CREAL

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - CREAL

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Creal Comparisons

Employees
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Competitors of CREAL

CREAL 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 Magic Leap, XREAL, Vuzix, DigiLens and RealWear, 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
Head-mounted virtual retinal displays for augmented reality viewing are provided.
domain founded_year HQ Location
Augmented-reality smart eyewear is offered by XREAL for device compatibility.
domain founded_year HQ Location
Smart glasses are provided for remote support and teleconferencing.
domain founded_year HQ Location
Designs optical waveguide technology for HUD, AR and biometric applications
domain founded_year HQ Location
Provider of wearable heads-up display for industrial workers
domain founded_year HQ Location
Hardware and software-based light field technology solutions are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Creal

Frequently Asked Questions about CREAL

When was CREAL founded?

CREAL was founded in 2017.

Where is CREAL located?

CREAL is headquartered in Ecublens, Switzerland. It is registered at Ecublens, Vaud, Switzerland.

Who is the current CEO of CREAL?

Tomas Sluka is the current CEO of CREAL. They have also founded this company.

Is CREAL a funded company?

CREAL is a funded company, having raised a total of $20.43M across 13 funding rounds to date. The company's 1st funding round was a Grant of $55.68K, raised on Nov 08, 2017.

What does CREAL do?

CREAL is engaged in the development of advanced light field display technology for augmented reality applications. The technology is designed to provide a natural and correct visual experience by projecting real depth, seamlessly blending digital content with the real world. Solutions offered by CREAL address visual conflicts, eye strain, and nausea, ensuring comfortable prolonged use in AR environments. The company operates within the technology sector, specifically targeting augmented reality and vision care innovations.

Who are the top competitors of CREAL?

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

What products or services does CREAL offer?

CREAL offers Light Field Display.

Who are CREAL's investors?

CREAL has 12 investors. Key investors include ZEISS, European Commission, European Union, EIC Fund, and DAA Capital Partners.

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