Magik Eye

Stamford, United States Founded: 2014 • Age: 12 yrs
3D image sensors for VR and diverse applications are developed.

About Magik Eye

Magik Eye is a Technology company based in Stamford (United States) founded in 2014 by Takeo Miyazawa. 3D image sensors for VR and diverse applications are developed. Magik Eye has raised $5.55 million across 2 funding rounds. Its chief executive, as recorded, is Takeo Miyazawa. Its Indian entity Magik Eye Tech Private Limited reported revenue of ₹2.42 Cr. Magik Eye offers products and services including ILT001, ILT002, and ILT003. Its focus areas include High Tech, Virtual Reality, Content Creation Tools and Reality Capture. Its competitors include Occipital, Lytro and Intel® RealSense; 2 of its 3 listed competitors have raised funding.

Company details

Founded in 2014 and based in Stamford, United States, 3D image sensors are developed by the company to enable 3D recovery from single conventional cameras, emphasizing small size, low power, low computation, and low cost. Solutions are provided for sectors including drones used in obstacle avoidance and terrain mapping, endoscopes for medical and surgical procedures, robotics, ARVR systems, facial recognition, and smartphones for 3D photography and video recording.

Key Metrics
  • Indian entity revenue
    ₹2.42 Cr

    FY 2025 · +1% YoY

  • Indian entity net profit
    ₹19.7 Lakh

    FY 2025 · 8% margin

  • Indian entity EBITDA
    ₹31.9 Lakh

    FY 2025 · 13% margin

  • Total Equity Funding
    $5.55M (USD)

    in 2 rounds

  • Latest Funding Round
    $5.05M (USD), Series A

    Dec 2018

Products & Services of Magik Eye

Magik Eye offers a comprehensive portfolio of products and services, including ILT001, ILT002, and ILT003.

ILT001
Evaluation Kit

3D sensor for Raspberry Pi integration in research applications.

ILT002
Evaluation Kit

High-speed 3D imaging kit for latency and FPS testing.

ILT003
Evaluation Kit

3D sensing camera for simultaneous point cloud and image capture.

Apps and channels of Magik Eye

its YouTube channel Magik Eye Inc. has 50 subscribers and 4 videos.

Magik Eye Inc.
YouTube 50 subscribers 4 videos Other
Open channel

Videos from Magik Eye

The most watched videos on Magik Eye's YouTube channel, Magik Eye Inc. (50 subscribers). Click a video to play it here.

[MagikEye DK-ILT001 Promotion Video] Have fun with ILT001!
6.7K views
Proof of 600 FPS by ILT
1.1K views
20200624 UF1 940 contrast re01 1
894 views
20200624 UF1 850 contrast re01 1
435 views

More on Magik Eye Inc..

Funding Insights of Magik Eye

Magik Eye has successfully raised a total of $5.55M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.05 million completed in December 2018. 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 $5.55M
  • Total Rounds 2
  • Last Round Series A — $5.05M
  • First Round $500,000

    (Jul 2016)

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2018$5.05MSeries A––
–
Jul 2016$500,000Seed––
–

Board of directors of Magik Eye Tech Private Limited (Magik Eye)

Magik Eye Tech Private Limited is the primary company behind Magik Eye. The board of Magik Eye Tech Private Limited currently have 3 directors; the longest-serving is Praveen Kumar Bhimireddy, appointed in 2020. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Praveen Kumar Bhimireddy
DIN 01273606
Director03 Mar 20206 yrs 7 moMagik Eye Tech Private Limited
M Feisal Afzal
DIN 03534186
Director03 Mar 20206 yrs 7 moMagik Eye Tech Private Limited
Abhishek Srivastava
DIN 09093875
Director08 Mar 20215 yrs 7 moMagik Eye Tech Private Limited

People of Magik Eye

9 people are tracked at Magik Eye (3 in leadership, 6 in team).

NameRoleGroup
Takeo Miyazawa
Founder & CEOLeadership
Director, Co-FounderLeadership
Head of India OperationsLeadership
Guru Prakash D.
Senior Associate Software EngineerTeam
Jan Knopp
Principal ResearcherTeam
Kaushik Raju
Computer Vision EngineerTeam
Roopesh Nallakshyam
Senior Associate Software EngineerTeam
Sunena Kundu
Software EngineerTeam
Aditya Gurav
Software EngineerTeam
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Complete people profiles for Magik Eye

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Financials of Magik Eye

Figures of Magik Eye Tech Private Limited, the primary company behind Magik Eye, for FY 2025. Revenue was ₹2.42 Cr (+1% year on year). Net profit was ₹19.7 Lakh (8% margin). EBITDA was ₹31.9 Lakh (13% margin). Revenue has grown at a compounded annual rate of +17% over three years.

  • ₹2.42 CrRevenue · FY 2025 · +1% YoY
  • ₹19.7 LakhNet profit · 8% margin
  • ₹31.9 LakhEBITDA · 13% margin
  • ₹1 LakhPaid-up capital
  • +17%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Magik Eye Tech Private Limited are on its company page.

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Detailed financial statements for Magik Eye

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Timeline of Magik Eye

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

  1. Founded Magik Eye is founded.
  2. Funding First funding round of $500K.
  3. Funding Latest funding round, Series A, of $5.1M.

Competitors of Magik Eye

Magik Eye has 3 listed competitors in our database, 2 of them funded. They include Occipital, Lytro and Intel® RealSense.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
occipital.com2008Boulder, United States$41.83M12
Augmented reality-based 3D scanners for mobile devices are provided.
lytro.com2006Mountain View, United States$260.25M93
Light field camera technology is developed for cinematic VR imaging.
intelrealsense.com2013Santa Clara, United States59,863
Depth and tracking cameras are supplied for diverse applications.
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Detailed competitors of Magik Eye

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Web traffic of Magik Eye

The website of Magik Eye (magik-eye.com) receives about 2.2K visits a month.

  • Monthly visits
    2.2K

    ▲ 62.9% vs previous month

Top companies in Sensors & Smart Devices

3 companies that operate in the same segment as Magik Eye (Sensors & Smart Devices) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Smart fitness equipment and streaming platforms are provided.
2011New York, New York, United StatesUSD 995.53 MUSD 2.45 B2,894
VR-based head-mounted displays for gaming are provided by Oculus.
2012Menlo Park, California, United StatesUSD 107.05 M
Cloud-based business telephony and home security services are provided.
2004Palo Alto, California, United StatesUSD 87.97 MUSD 273.6 M1,190
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Related news about Magik Eye

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Complete news archive for Magik Eye

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Frequently Asked Questions about Magik Eye

Magik Eye was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Magik Eye is headquartered in Stamford, United States. It is registered at Stamford, Connecticut, United States.

Takeo Miyazawa is the CEO of Magik Eye, as recorded in our data. They have also founded this company.

Magik Eye is a funded company, having raised a total of $5.55M across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Jul 2016.

The primary company behind Magik Eye, Magik Eye Tech Private Limited, reported revenue of ₹2.42 Cr for FY 2025, up 1% year on year.

Founded in 2014 and based in Stamford, United States, 3D image sensors are developed by the company to enable 3D recovery from single conventional cameras, emphasizing small size, low power, low computation, and low cost. Solutions are provided for sectors including drones used in obstacle avoidance and terrain mapping, endoscopes for medical and surgical procedures, robotics, ARVR systems, facial recognition, and smartphones for 3D photography and video recording.

Magik Eye's top competitors include Occipital, Intel® RealSense and Lytro.

Magik Eye offers ILT001, ILT002, and ILT003.

Magik Eye operates through Magik Eye Tech Private Limited.

The legal entities of Magik Eye currently have 3 directors, including Praveen Kumar Bhimireddy, Abhishek Srivastava, M Feisal Afzal.

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