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.
- Headquarter Singapore, Singapore
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Lemnis Technologies Pte. Ltd.
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Products & Services of Lemnis Technologies
Lemnis Technologies offers a comprehensive portfolio of products and services, including Verifocal™, Eye Tracking, and Professional Mixed Reality Headsets. 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.
Dynamically adjusts focus in headsets to minimize eye strain and improve clarity.
Tracks eye movements for enhanced VR/AR interactions and performance.
Upgraded headsets for professional training and product design applications.
Funding Insights of Lemnis Technologies
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2018 | Amount | Seed - Lemnis Technologies | Valuation | Aletra Capital Partners |
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| Mar, 2017 | Amount | Seed - Lemnis Technologies | Valuation | Entrepreneur First |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 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. 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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Provider of a program turning individuals into funded technology company founders
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Online social networking and communication services are provided globally.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Lemnis Technologies
| 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 - Lemnis Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Lemnis Technologies Comparisons
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. 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 |
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Provides motion-based VR experiences for zoos, aquariums, and museums worldwide.
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Provider of simulators for healthcare training
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Provider of a virtual reality motion simulator
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Real-time motion tracking platform for VR is developed.
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Patented SDK is developed to reduce VR motion sickness.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lemnis Technologies
Frequently Asked Questions about Lemnis Technologies
When was Lemnis Technologies founded?
Lemnis Technologies was founded in 2017.
Where is Lemnis Technologies located?
Lemnis Technologies is headquartered in Singapore, Singapore.
What is the annual revenue of Lemnis Technologies?
Annual revenue of Lemnis Technologies is $10.53K as on Dec 31, 2019.
What does Lemnis Technologies do?
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.
Who are the top competitors of Lemnis Technologies?
Lemnis Technologies's top competitors include MediSim VR, Inno Simulation and MONKEY.
What products or services does Lemnis Technologies offer?
Lemnis Technologies offers Verifocal™, Eye Tracking, and Professional Mixed Reality Headsets.
Who are Lemnis Technologies's investors?
Lemnis Technologies has 3 investors. Key investors include Facebook, Aletra Capital Partners, and Entrepreneur First.
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