IXI

IXI

Private
Espoo, UusimaaConsumer & Commercehttps://www.ixieyewear.com

Last Round

Series A

Apr 29, 2025

Total Funding Raised

$40.9M

Momentum Score

25 /100

Company Overview

IXI is a Finnish technology company founded in 2021 that is developing the world's first autofocus eyeglasses. The company's 'Adaptive Eyewear' uses real-time eye-tracking sensors and dynamic liquid crystal lens technology to automatically adjust the focal point of the glasses based on where the wearer is looking. This innovation aims to provide a wider and clearer field of view compared to traditional progressive lenses, addressing the challenges of presbyopia. Founded by Niko Eiden and Ville Miettinen, who previously co-founded the mixed reality company Varjo, IXI is backed by venture capital. The company raised a $36.5 million Series A round in April 2025 to complete product development and begin commercial operations. The product is still in development and not yet commercially available.

Sector

Consumer & Commerce

Verticals

Medical Devices, Consumer Electronics, Fashion & Beauty, Health IoT

Business Model

B2B2C

Customer Profile

Hardware Sales

AI Layer

Application

Keywords

autofocus glassesadaptive eyewearsmart glasseseye-tracking glassesliquid crystal lensespresbyopia correctionprogressive lens alternativeelectronic glassesdesigner eyewearcomputer visionhealth IoToptical retail

Historical Pricing

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Caplight Momentum Score

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IXI Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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IXI Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series AApr 29, 2025
SeedJun 10, 2021

Key People

Founding team and executive leadership

Ville Miettinen

Co-Founder Chief Algorithm Officer

Founding Team

Niko Eiden

CEO

Executive Team

IXI Investors

Notable investors and investment history

InvestorRounds
Heartcore CapitalSeries A
TesiSeries A
Firstminute CapitalSeries A, Seed
First Fellow PartnersSeries A
MakiSeries A
byFoundersSeries A
Amazon Alexa FundSeries A, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 1, 2027

    Commercial smart glasses set to launch July 1, 2027.

  • Apr 29, 2025

    $37M round closed

IXI Filings

SEC and related filings with document metadata.

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IXI Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about IXI's valuation, stock price, and market status.

Firmographic Details

HeadquartersEspoo, Uusimaa
Employee Range78
Year Founded2021
Last FundingApr 29, 2025

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