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XPANCEO

Growth Score40DXBi Rank23Heat Score85

Building the next generation of computing through smart contact lenses.

Founded 2021Private (Startup)Series ADubai Internet City, Emmay Tower, Dubai, UAE, Dubai51-200 employeesxpanceo.com
Prospect profiledeep techsmart contact lensesAR/XRnanotechbiosensingunicorn
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Overview

XPANCEO is a Dubai-based deep-tech company developing AI-powered smart contact lenses intended to serve as an extended-reality (XR) computing platform, integrating features such as night vision, real-time health biosensing (e.g. intraocular pressure and glucose monitoring), zoom, wireless data/charging, and AR displays. The company has built 15 working prototypes, holds/has won 24 international awards, and collaborates with academic partners including the University of Manchester, the National University of Singapore, and the University of Dubai. In July 2025 it closed a $250M Series A led by Opportunity Venture (Asia) at a $1.35B valuation, becoming one of the UAE's unicorns; it previously raised a $40M seed round from the same lead investor.

Total Funding

$290M

Valuation $1.4B

40

Growth Score

Steady

85

Heat Score

Trending up

Details

Operating Status
Active
Company Type
Private (Startup)
Funding Stage
Series A
Headquarters
Dubai Internet City, Emmay Tower, Dubai, UAE
Founded
2021
Company Size
51-200 employees

Products & Services

XPANCEO Smart Contact Lens

Core product platform -- an AI-powered, AR-capable smart contact lens intended to consolidate multiple computing/wearable device functions into one 'invisible' form factor.

AR Vision Smart Contact Lens for Frontier Applications

Prototype lens variant delivering augmented-reality display and defense/frontier-use overlays.

Communication Module for Smart Contact Lens

Prototype wireless communication component for the lens platform.

Transparent Electronics for Smart Contact Lens

Prototype transparent circuitry/optoelectronics component enabling the lens's compute and display functions.

Smart Contact Lens for Glaucoma Management

Health-focused prototype with intraocular pressure sensing for glaucoma monitoring.

Consumer platform

Vision-native consumer application layer for social, entertainment, health and enterprise use cases (company targets 250 million daily wearers by 2033).

Fintech & Identity

Biosignal/ocular-pattern based instant identity verification and access-authentication use case.

Aerospace

Hands-free mission-data overlay and critical-alert use case for aerospace/defense applications.

Maintenance & Ops

Hands-free diagnostics, instructions and intervention-logging use case for industrial maintenance.

Sport

Real-time heart rate, hydration, fatigue and performance-tracking use case for athletics.

People

Technology

Tech stack

2D materials-based optoelectronics (non-silicon)Transparent electronicsHolographic waveguide / AR display technologyMicroLED micro-display (via JBD partnership)Solid-state ceramic microbattery (via ITEN partnership)

Financials

Series A

Funding stage

$290M

Total raised

$1.4B

Valuation

Funding rounds

Projects

Similar Companies

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