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. 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
- SectorsHealthcareTechnology
- Email••••••••
- Website lightspace3d.com
- Social LinkedIn X
- Acquired by Summadefence (Dec 2024)
- Legal Name Lightspace Technologies
- Annual Revenue$474.66 K (USD)-2as on Dec 31, 2022
- Net Profit-$1.54 M (USD)-98as on Dec 31, 2022
- Total Equity Funding$1.23M (USD)
in 5 rounds
- Latest Funding Round$798.4K (USD), Seed
May 2022
- InvestorsEuropean Union
& 5 more
- Employee Count67
- Acquired bySummadefence
(Dec 2024)
Products & Services of LightSpace Technologies
LightSpace Technologies offers a comprehensive portfolio of products and services, including Multi Focal AR Headsets.
Headsets enhance medical procedures and military operations with precise AR visualization.
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.
- Total Funding $1.23M
- Total Rounds 5
- Last Round Seed — $798,398
- First Round $436,016
(Dec 2014)
- Investors Count 5
All 5 funding rounds of LightSpace Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2022 | $798,398 | Seed | – | – | – |
| Jul 2020 | $2.54M | Grant | – | – | |
| Jun 2020 | $2.53M | Grant | – | – | |
| Sep 2015 | – | Seed | – | – | |
| Dec 2014 | $436,016 | Seed | – | – |
6 investors in total: 6 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | – | eicfund.eu | Brussels, Belgium | |
Private equity investments are directed at Baltic and Polish opportunities. | – | baltcap.com | Tallinn, Estonia | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Full-cycle electronics manufacturing services, including prototyping and assembly, are provided. | 1999 | hansamatrix.com | Marupe, Latvia | |
- | – | impcap.com | - | |
Developer of dual-use defense and security technologies | – | summadefence.fi | Finland |
Investor details for LightSpace Technologies
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People of LightSpace Technologies
6 people are tracked at LightSpace Technologies (3 in leadership, 3 in team); the tracked headcount is 67.
| Name | Role | Group |
|---|---|---|
Ilmars Osmanis | Founder & CEO | Leadership |
Juris Borzovs | CFO | Leadership |
Dzelde Marusko | Supply Chain Director | Leadership |
Mārtiņš Goldbergs | Electronic Engineer | Team |
Ugis Gertners | Lead Optical Architect | Team |
Zanda Lapane | Business Development Officer | Team |
Complete people profiles for LightSpace Technologies
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Timeline of LightSpace Technologies
4 dated milestones of LightSpace Technologies across 10 years, from founding to its latest funding, stage changes and deals.
- Founded LightSpace Technologies is founded.
- Funding First funding round of $436K.
- Funding Latest funding round, Seed, of $798K.
- Exit Acquired by Summadefence.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| augmedics.com | 2014 | Yokneam Illit, Israel | $142.6M | – | Augmented reality systems for guiding surgical procedures are developed. | |
| propriovision.com | 2016 | Seattle, United States | $74.25M | 52 | Visualization systems for surgical procedures are developed using machine learning. | |
| ecential-robotics.com | 2009 | Gieres, France | $133.97M | – | Robotic surgery platform for bone procedures is developed. | |
| mriinterventions.com | 1998 | Irvine, United States | $16.67M | 108 | MRI-guided minimally invasive procedures for brain and heart are developed. | |
| endomag.com | 2007 | Cambridge, United Kingdom | $44.52M | – | Developer of a device for tumor localization | |
| centerlinebiomedical.com | 2014 | Cleveland, United States | $76.26M | – | Developer of surgical navigation and image guidance system for endovascular procedures | |
| avetasystem.com | 2016 | San Jose, United States | $23M | 57 | Manufacturer of hysteroscopy for operating rooms | |
| imris.com | 2005 | Minnetonka, United States | – | 100 | Surgical theatres with ceiling mounted mobile imaging devices to enhance intraoperative workflow | |
| clearpointneuro.com | 1998 | Irvine, United States | $18.35M | 38 | Software and hardware solutions for MRI-guided surgical planning are provided. | |
| fluoguide.com | 2018 | Copenhagen, Denmark | $13.95M | 11 | Surgery-targeting drugs for cancer patients are developed using fluorophores. |
Detailed competitors of LightSpace Technologies
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Latest news on Lightspace Technologies
Complete news archive for LightSpace Technologies
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Similar companies to LightSpace Technologies
10 companies that operate in the same segment as LightSpace Technologies (Medical Equipment & Supplies), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Software and integrated solutions for surgical and radiotherapy applications | 1989 | Munchen, Bayern, Germany | USD 12.68 M | USD 1.18 M | 18 | |
Robotic waterjet system for prostate tissue removal is developed. | 2009 | Redwood City, California, United States | USD 348.84 M | USD 308.05 M | 756 | |
Collaborative surgical robotic systems are provided for hospital procedures. | 2014 | Cambridge, Cambridgeshire, United Kingdom | USD 1.32 B | – | – | |
Robotic microsurgical systems for endoscopy are developed. | 2007 | Redwood City, California, United States | USD 733.17 M | – | 242 | |
Augmented reality systems for guiding surgical procedures are developed. | 2014 | Yokneam Illit, North District, Israel | USD 142.6 M | – | – | |
Manufacturer of imaging and surgical products | 1919 | Tokyo, Tokyo, Japan | – | USD 6.49 B | 35,933 | |
Injectable packaging, containment, and delivery solutions are manufactured. | 1923 | Exton, Pennsylvania, United States | – | USD 3.07 B | 10,600 | |
Rapid infusion systems are provided for critically ill patients. | 2012 | Durham, North Carolina, United States | USD 77.98 M | – | – | |
Mobile robots are manufactured for industries including healthcare and agriculture. | 2013 | Odense, Denmark | USD 81.44 M | – | 303 | |
Visualization systems for surgical procedures are developed using machine learning. | 2016 | Seattle, Washington, United States | USD 74.25 M | – | 52 |
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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. The company's 1st funding round was a Seed of $436.02K, raised on Dec 2014.
LightSpace Technologies has 67 employees.
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.
LightSpace Technologies operates through Lightspace Technologies.
Yes. LightSpace Technologies was acquired by Summadefence in December 2024.