About Dispelix
Dispelix is a company based in Espoo (Finland) founded in 2015 was acquired by AAC Technologies in December 2025. It operates as a Professional Services, and B2B2C. Dispelix has raised $54.62 million across 6 funding rounds from investors including 3M, VTT and AAC Technologies. Dispelix offers products and services including Waveguide Displays for Consumer AR and Waveguide Displays for Enterprise AR. Dispelix operates in a competitive market with competitors including XREAL, Magic Leap, Vuzix, RealWear and DigiLens, among others.
- Headquarter Espoo, Finland
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$54.62 M (USD)
in 6 rounds
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Latest Funding Round
$33 M (USD), Series B
Nov 08, 2021
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Investors
3M
& 9 more
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Employee Count
Employee Count
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Acquired by
AAC Technologies
(Dec 03, 2025)
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Products & Services of Dispelix
Dispelix offers a comprehensive portfolio of products and services, including Waveguide Displays for Consumer AR and Waveguide Displays for Enterprise AR. 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.
Transparent displays are designed for consumer AR glasses.
Custom AR waveguides are engineered for enterprise solutions.
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Funding Insights of Dispelix
Dispelix has successfully raised a total of $54.62M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $33 million completed in November 2021. 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 6
- Last Round Series B — $33.0M
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First Round
First Round
(19 Apr 2016)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series B - Dispelix | Valuation | Atlantic Bridge | |
| Apr, 2021 | Amount | Series A - Dispelix | Valuation |
investors |
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| Apr, 2021 | Amount | Debt – Venture - Dispelix | Valuation |
investors |
| 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 Dispelix
Dispelix has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include 3M, VTT and AAC Technologies. 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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Flashpoint is recognized as a technology investment firm.
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Founded Year | Domain | Location | |
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Early-stage venture capital is invested in European startups across sectors.
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Founded Year | Domain | Location | |
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Private equity investment firm
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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 Dispelix
| 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 - Dispelix
| 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 |
Dispelix Comparisons
Competitors of Dispelix
Dispelix 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 Dispelix
Frequently Asked Questions about Dispelix
When was Dispelix founded?
Dispelix was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Dispelix located?
Dispelix is headquartered in Espoo, Finland.
Is Dispelix a funded company?
Dispelix is a funded company, having raised a total of $54.62M across 6 funding rounds to date. The company's 1st funding round was a Series A of $6.04M, raised on Apr 19, 2016.
What does Dispelix do?
Dispelix is engaged in the design and manufacturing of transparent waveguide displays for augmented reality (AR) devices. These waveguides are utilized in both consumer and enterprise AR applications, combining real and virtual worlds seamlessly in the users field of vision. The company is recognized for pushing the boundaries of physics to innovate the form and function of AR devices. Headquartered in Finland, Dispelix collaborates with industry leaders and production partners to ensure scalable mass production and high-quality standards. Their solutions cater to trailblazers in the AR sector seeking tailored and unique display technologies.
Who are the top competitors of Dispelix?
Dispelix's top competitors include RealWear, XREAL and Magic Leap.
What products or services does Dispelix offer?
Dispelix offers Waveguide Displays for Consumer AR and Waveguide Displays for Enterprise AR.
Who are Dispelix's investors?
Dispelix has 10 investors. Key investors include 3M, VTT, AAC Technologies, CCB trust, and Flashpoint.
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