Pixieray

Espoo, Finland Founded: 2021 • Age: 5 yrs
Adaptive optical eyeglasses technology is developed for lens adjustment.
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About Pixieray

Pixieray is a company based in Espoo (Finland) founded in 2021 by Rebecca Melakari, Klaus Melakari, Niko Eiden, and Ville Miettinen.. Pixieray has raised $4.4 million across 2 funding rounds from investors including Byfounders, Maki.vc and First Fellow Partners. Pixieray offers products and services including Autofocus Glasses. Pixieray operates in a competitive market with competitors including Neurolens, Laclarée, Azalea Vision, SynergEyes and Nexis Vision, among others.

  • Headquarter Espoo, Finland
  • Founders Rebecca Melakari, Klaus Melakari, Niko Eiden, Ville Miettinen
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Pixieray Oy
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.4 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
    Byfounders

    & 8 more

  • Employee Count
    Employee Count
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Products & Services of Pixieray

Pixieray offers a comprehensive portfolio of products and services, including Autofocus Glasses. 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.

Primary

Glasses that track eye movements to automatically adjust lenses for clear vision.

People of Pixieray
Headcount 1-10
Employee Profiles 13
Employee Profiles
People
Timo Yliluoma
Chief Design Officer
People
Niko Eiden
CEO
People
Petri Oksanen
Embedded SW Lead
People
Timo Auranen
Senior Embedded Software Engineer

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Funding Insights of Pixieray

Pixieray has successfully raised a total of $4.4M across 2 strategic funding rounds. 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 Rounds 2
  • Last Round
  • First Round

    (10 Jun 2021)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2022 Amount Series A - Pixieray Valuation Byfounders
Jun, 2021 Amount Seed - Pixieray Valuation Maki , First Fellow Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Pixieray

Pixieray has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Byfounders, Maki.vc and First Fellow Partners. 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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Early-stage centric VC firm investing primarily in the Nordics
Founded Year Domain Location
A venture capital firm based in Helsinki, Finland, is operated.
Founded Year Domain Location
Venture capital investments are made in early-stage tech startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Pixieray

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Pixieray

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Pixieray Comparisons

Employees
+
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Competitors of Pixieray

Pixieray 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 Neurolens, Laclarée, Azalea Vision, SynergEyes and Nexis Vision, 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
Provider of prescription lenses and solution for problems related to Digital Vision Syndrome
domain founded_year HQ Location
Eye-wear solutions for presbyopia correction are developed using liquid refraction.
domain founded_year HQ Location
Developer of technology for people with high light sensitivity and ocular disorders
domain founded_year HQ Location
Hybrid contact lense manufacturers
domain founded_year HQ Location
Ocular lens and surface technologies for ophthalmic devices are developed.
domain founded_year HQ Location
Developer of lightweight eyeglass lenses
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Pixieray

Frequently Asked Questions about Pixieray

When was Pixieray founded?

Pixieray was founded in 2021.

Where is Pixieray located?

Pixieray is headquartered in Espoo, Finland.

Who is the current CEO of Pixieray?

Niko Eiden is the current CEO of Pixieray. They have also founded this company.

Is Pixieray a funded company?

Pixieray is a funded company, having raised a total of $4.4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4.4M, raised on Jun 10, 2021.

What does Pixieray do?

Pixieray was established in 2021 in Espoo, Finland, within the optical technology sector. Technology for adaptive eyeglasses is developed, featuring software integration that allows lens adjustments for focus at near and intermediate distances. A wide and clear field of view is provided through these innovations. Operations center on enhancing visual functionality for users in daily settings, with emphasis on practical optical solutions.

Who are the top competitors of Pixieray?

Pixieray's top competitors include Azalea Vision, Neurolens and Laclarée.

What products or services does Pixieray offer?

Pixieray offers Autofocus Glasses.

Who are Pixieray's investors?

Pixieray has 9 investors. Key investors include Byfounders, Maki.vc, First Fellow Partners, Firstminute Capital, and Bragiel Brothers.

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