LightSpace Technologies

Ogre, Latvia Founded: 2014 • Age: 12 yrs Acquired By Summadefence
3D volumetric imaging systems are developed for medical visualization.
Annual revenue $474,658 Latest available
Total funding $1.2M 5 rounds
Employees 67 Tracked headcount
Investors 6 Known backers
Products 1 Services tracked
Competitors 11 Brand Intelligence

About LightSpace Technologies

LightSpace Technologies is a company based in Ogre (Latvia) founded in 2014 was acquired by Summadefence in December 2024. LightSpace Technologies has raised $1.23 million across 5 funding rounds from investors including European Union, HansaMatrix and Summadefence. The company has 67 employees as of December 31, 2022. LightSpace Technologies offers products and services including Multi Focal AR Headsets. LightSpace Technologies operates in a competitive market with competitors including Augmedics, Proprio, eCential Robotics, MRI Interventions and Endomag, among others.

  • Headquarter Ogre, Latvia
  • Employees 67 as on 31 Dec, 2022
  • Sectors
    Healthcare
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Lightspace Technologies
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $474.66 K (USD)
    -2
    as on Dec 31, 2022
  • Net Profit
    -$1.54 M (USD)
    -98
    as on Dec 31, 2022
  • EBITDA
    Not available
  • Total Equity Funding
    $1.23 M (USD)

    in 5 rounds

  • Latest Funding Round
    $798.4 K (USD), Seed

    May 24, 2022

  • Investors
  • Employee Count
    67

    as on Dec 31, 2022

  • Acquired by
    Summadefence

    (Dec 03, 2024)

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Products & Services of LightSpace Technologies

LightSpace Technologies offers a comprehensive portfolio of products and services, including Multi Focal AR Headsets.

Product name locked
Category locked
Primary

Headsets enhance medical procedures and military operations with precise AR visualization.

People of LightSpace Technologies

Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Ilmars Osmanis
Founder & CEO
People
Juris Borzovs
CFO
People
Dzelde Marusko
Supply Chain Director
People
Mārtiņš Goldbergs
Electronic Engineer

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Funding Insights of LightSpace Technologies

LightSpace Technologies has successfully raised a total of $1.23M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $798.4 thousand completed in May 2022. 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 LightSpace Technologies

LightSpace Technologies has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, HansaMatrix and Summadefence.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
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Private equity investments are directed at Baltic and Polish opportunities.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for LightSpace Technologies

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Investments & Acquisitions by LightSpace Technologies

Investments
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Investment portfolio details for LightSpace Technologies

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Financial Statements - LightSpace Technologies

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Detailed financials for LightSpace Technologies

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Lightspace Technologies Comparisons

LightSpace Technologies Primary company
Description
3D volumetric imaging systems are developed for medical visu...
Location
Ogre, Latvia
Founded Year
2014
Annual Revenue
$474.66 K (USD)
Net Profit
-$1.54 M (USD)
EBITDA
Not available
Employees
67
As of 2022
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Peer comparison for LightSpace Technologies

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Competitors of LightSpace Technologies

LightSpace 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 Augmedics, Proprio, eCential Robotics, MRI Interventions and Endomag, among others.

Company Name Domain Founded year HQ Location Description
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Augmented reality systems for guiding surgical procedures are developed.
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Visualization systems for surgical procedures are developed using machine learning.
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Robotic surgery platform for bone procedures is developed.
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MRI-guided minimally invasive procedures for brain and heart are developed.
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Developer of a device for tumor localization
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Developer of surgical navigation and image guidance system for endovascular procedures
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Detailed competitors of LightSpace Technologies

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Latest news on Lightspace Technologies

Latvian company receives EU funding
Evertiq6 years ago
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Complete news archive for LightSpace Technologies

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Frequently Asked Questions about LightSpace Technologies

LightSpace Technologies was founded in 2014.

LightSpace Technologies is headquartered in Ogre, Latvia.

LightSpace Technologies is a funded company, having raised a total of $1.23M across 5 funding rounds to date.

As of Dec 31, 2022, the latest employee count at LightSpace Technologies is 67.

Annual revenue of LightSpace Technologies is $474.66K as on Dec 31, 2022.

LightSpace Technologies was founded in 2014 and is located in Ogre, Latvia. 3D volumetric imaging systems are developed by the company within the medical technology sector. Multi-focal technology that incorporates multiple screens is utilized for eye surgery visualization. Augmented reality headsets are provided to support operating room procedures and minimize errors. Operations focus on imaging solutions for healthcare environments.

LightSpace Technologies's top competitors include Augmedics, Proprio and ClearPoint Neuro.

LightSpace Technologies offers Multi Focal AR Headsets.

LightSpace Technologies has 6 investors. Key investors include European Union, HansaMatrix, Summadefence, EIC Fund, and BaltCap.

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