Lemnis Technologies

Singapore, Singapore Founded: 2017 • Age: 9 yrs Acquired By Facebook
VR headsets are provided to alleviate user motion sickness.

About Lemnis Technologies

Lemnis Technologies is a company based in Singapore (Singapore) founded in 2017 was acquired by Facebook in September 2020. Lemnis Technologies offers products and services including Verifocal™, Eye Tracking, and Professional Mixed Reality Headsets. Lemnis Technologies operates in a competitive market with competitors including Immotion, MediSim VR, Yaw VR, vMocion and MONKEY, among others.

Operational Areas
Key Metrics
  • Annual Revenue
    $10.53 K (USD)
    0
    as on Dec 31, 2019
  • Net Profit
    $3.95 M (USD)
    405
    as on Dec 31, 2020
  • Investors
    Facebook

    & 2 more

  • Acquired by
    Facebook

    (Sep 2020)

Products & Services of Lemnis Technologies

Lemnis Technologies offers a comprehensive portfolio of products and services, including Verifocal™, Eye Tracking, and Professional Mixed Reality Headsets.

Verifocal™
Optics Adjustment Technology

Dynamically adjusts focus in headsets to minimize eye strain and improve clarity.

Eye Tracking
User Monitoring Technology

Tracks eye movements for enhanced VR/AR interactions and performance.

Professional Mixed Reality Headsets
Hardware Devices

Upgraded headsets for professional training and product design applications.

Funding Insights of Lemnis Technologies

  • Total Rounds 2
  • Investors Count 2

All 2 funding rounds of Lemnis Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2018–Seed–Aletra Capital Partners
–
Mar 2017–Seed–Entrepreneur First
–
Valuation history

3 investors in total: 3 institutional.

Investors in Lemnis Technologies

Lemnis Technologies has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Facebook, Aletra Capital Partners and Entrepreneur First.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
-
–aletracapitalpartners.com-
Provider of a program turning individuals into funded technology company founders
–joinef.comLondon, United Kingdom
Online social networking and communication services are provided globally.
2004facebook.comMenlo Park, United States
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Investor details for Lemnis Technologies

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Timeline of Lemnis Technologies

4 dated milestones of Lemnis Technologies across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Lemnis Technologies is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Seed,.
  4. Exit Acquired by Facebook.

Competitors of Lemnis Technologies

Lemnis Technologies 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 Immotion, MediSim VR, Yaw VR, vMocion and MONKEY, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
immotion.co.uk2017Manchester, United Kingdom–9
Provides motion-based VR experiences for zoos, aquariums, and museums worldwide.
medisimvr.com2018Chennai, India$1.02M14
Provider of simulators for healthcare training
yawvr.com2017Hungary$2.7M–
Provider of a virtual reality motion simulator
vmocion.com2015Beverly Hills, United States$3M–
Real-time motion tracking platform for VR is developed.
monkey.com1994Austin, United States––
Patented SDK is developed to reduce VR motion sickness.
innosim.com2000Seoul, South Korea––
Simulators for various industries are manufactured and supplied.
sixdofspace.com2017Jerusalem, Israel––
Offers optical tracking solutions for aerospace, robotics, and virtual reality technologies.
vremedylabs.com2017Boston, United States$20,000–
Online platform offering slot games, lottery, and live casino for users.
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Detailed competitors of Lemnis Technologies

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  • Operating metrics
  • Benchmarks
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Verified entity values are shown only after access is granted.

Web traffic of Lemnis Technologies

The website of Lemnis Technologies (lemnis.tech) receives about 1.2K visits a month.

  • Monthly visits
    1.2K

    ▼ 45.1% vs previous month

Latest news on Lemnis Technologies

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Complete news archive for Lemnis Technologies

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Similar companies to Lemnis Technologies

10 companies that operate in the same segment as Lemnis Technologies (Virtual Reality), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
VR-based head-mounted displays for gaming are provided by Oculus.
2012Menlo Park, California, United StatesUSD 107.05 M––
Provider of cloud and AI-based virtual tour solutions for construction professionals
2011Sunnyvale, California, United StatesUSD 163.18 M––
Video game developer specializing in the MMORPG and VR games
1997Reykjavik, IcelandUSD 106.3 M––
Provider of interior design, product supply, and project management services for facilities
2011Mumbai, Maharashtra, IndiaUSD 21.3 MUSD 10.46 M292
Platform offering distributed simulation software for video games and corporate sectors
2012London, England, United KingdomUSD 929.85 MUSD 1.58 M634
Mood-altering virtual reality experiences are developed for wellness by TRIPP.
2016Los Angeles, California, United StatesUSD 26.25 M––
Virtual reality headsets are provided for immersive professional applications.
2016Helsinki, FinlandUSD 149.39 M––
Virtual world games are facilitated through an NFT-based platform.
2017Buenos Aires, ArgentinaUSD 25 M––
VR casual games are developed for major platforms.
2015Stockholm, SwedenUSD 38.5 M––
VR-based home therapy systems are developed for symptom treatment.
2016Brookline, Massachusetts, United StatesUSD 29 M––
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Frequently Asked Questions about Lemnis Technologies

Lemnis Technologies was founded in 2017.

Lemnis Technologies is headquartered in Singapore, Singapore.

Annual revenue of Lemnis Technologies is $10.53K as on Dec 31, 2019.

Lemnis Technologies was founded in 2017 in Singapore and focuses on virtual reality headsets designed to reduce motion sickness for users. A proof-of-concept trial of the technology has been completed, with ongoing collaboration established with a manufacturer for production of the initial headset. Operations are conducted in the virtual reality sector, centered in Singapore.

Lemnis Technologies's top competitors include MediSim VR, Inno Simulation and MONKEY.

Lemnis Technologies offers Verifocal™, Eye Tracking, and Professional Mixed Reality Headsets.

Lemnis Technologies has 3 investors. Key investors include Facebook, Aletra Capital Partners, and Entrepreneur First.

Lemnis Technologies operates through Lemnis Technologies Pte. Ltd..

Yes. Lemnis Technologies was acquired by Facebook in September 2020.

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