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
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Sectors
HealthcareTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lightspace Technologies
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Annual Revenue
$474.66 K (USD)-2as on Dec 31, 2022
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Net Profit
$-1.54 M (USD)-98as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$1.23 M (USD)
in 5 rounds
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Latest Funding Round
$798.4 K (USD), Seed
May 24, 2022
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Investors
European Union
& 5 more
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Employee Count
67
as on Dec 31, 2022
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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. 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.
Headsets enhance medical procedures and military operations with precise AR visualization.
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Seed — $798,398
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First Round
First Round
(01 Dec 2014)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Seed - LightSpace Technologies | Valuation |
investors |
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| Jul, 2020 | Amount | Grant - LightSpace Technologies | Valuation |
investors |
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| Jun, 2020 | Amount | Grant - LightSpace Technologies | 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 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. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Private equity investments are directed at Baltic and Polish opportunities.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 LightSpace 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 - LightSpace Technologies
| 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 |
Lightspace Technologies Comparisons
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. 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 systems for guiding surgical procedures are developed.
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| domain | founded_year | HQ Location |
Visualization systems for surgical procedures are developed using machine learning.
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| domain | founded_year | HQ Location |
Robotic surgery platform for bone procedures is developed.
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| domain | founded_year | HQ Location |
MRI-guided minimally invasive procedures for brain and heart are developed.
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| domain | founded_year | HQ Location |
Developer of a device for tumor localization
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| domain | founded_year | HQ Location |
Developer of surgical navigation and image guidance system for endovascular procedures
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about LightSpace Technologies
When was LightSpace Technologies founded?
LightSpace Technologies was founded in 2014.
Where is LightSpace Technologies located?
LightSpace Technologies is headquartered in Ogre, Latvia.
Is LightSpace Technologies a funded company?
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 Grant of $2.53M, raised on Dec 01, 2014.
How many employees does LightSpace Technologies have?
As of Dec 31, 2022, the latest employee count at LightSpace Technologies is 67.
What is the annual revenue of LightSpace Technologies?
Annual revenue of LightSpace Technologies is $474.66K as on Dec 31, 2022.
What does LightSpace Technologies do?
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.
Who are the top competitors of LightSpace Technologies?
LightSpace Technologies's top competitors include Augmedics, Proprio and ClearPoint Neuro.
What products or services does LightSpace Technologies offer?
LightSpace Technologies offers Multi Focal AR Headsets.
Who are LightSpace Technologies's investors?
LightSpace Technologies has 6 investors. Key investors include European Union, HansaMatrix, Summadefence, EIC Fund, and BaltCap.
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