New companies across the globe are reshaping the eyewear market. They are introducing everything from advanced medical devices to new e-commerce platforms.

Finland-based IXI has raised $40.9M to create adaptive eyewear. Meanwhile, China's Dearer Medical is developing eye-related products with CN¥720M in funding.

Below is our list of 13 Eyewear startups worth keeping an eye on.

Failory's Top 10 Picks

Eyebot builds fully-automated vision testing kiosks that use robotics and AI to make eye exams more accessible. Their technology allows anyone to receive a prescription for glasses or contacts in under five minutes.

HeadquartersBoston, Massachusetts, United States
Year Founded2021
FoundersJack Moldave, Matthias Hofmann
Funding Amount$29.9M
Startup SizeLean Team (11-50)
Last Funding StatusSeries A
Top InvestorsNational Science Foundation, General Catalyst, Village Global, Baukunst, AlleyCorp
IXI Logo

IXI is creating the world's first adaptive eyewear, which uses liquid crystal lenses to automatically adjust focus as the wearer's gaze shifts. This technology provides seamless clarity from near to far, mimicking the experience of natural vision.

HeadquartersEspoo, Southern Finland, Finland
Year Founded2021
FoundersKlaus Melakari, Niko Eiden, Rebecca Xu, Ville Miettinen
Funding Amount$40.9M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries A
Top InvestorsTesi, Heartcore Capital, Plural Platform, byFounders, Firstminute Capital

Smart Vision sells a wide range of eyewear, including prescription glasses, sunglasses, and specialized protective lenses. The online retailer offers fashionable frames for both men and women.

HeadquartersRiga, Riga, Latvia
Year Founded2018
FoundersArunas Vismantas
Funding Amount€3M
Startup SizeLean Team (11-50)
Last Funding StatusSeed
Top InvestorsOpen Circle Capital

Laclarée develops adaptive eyeglasses that automatically adjust their focus for people with presbyopia. Their technology offers a clear, wide field of vision by eliminating the visual distortions common in traditional progressive lenses.

HeadquartersLyon, Rhone-Alpes, France
Year Founded2016
FoundersBruno Berge
Funding Amount€8M
Startup SizeFounding Team (1-10)
Last Funding StatusSeed
Top InvestorsBpifrance, HTGF (High-Tech Gruenderfonds), UI Investissement, KREAXI, EIC Accelerator

Dearer Medical develops and manufactures medical devices for the ophthalmology sector. Their product line is focused on supporting eye surgery and includes items like intraocular lenses and ophthalmic viscosurgical devices.

HeadquartersMinhang, Shanghai, China
Year Founded2017
Founders
Funding AmountCN¥720M
Startup SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsQiming Venture Partners, Legend Capital, Insight Capital, CPE Yuanfeng, Tianjin Haida Venture Capital Management

Morrow Optics builds autofocal glasses designed to restore visual comfort for people with aging eyesight. The company's core technology uses liquid crystals to allow the lenses to switch focus automatically.

HeadquartersGhent, Oost-Vlaanderen, Belgium
Year Founded2016
FoundersJelle De Smet, Paul Marchal
Funding Amount€14.1M
Startup SizeLean Team (11-50)
Last Funding StatusVenture Round
Top Investorsimec, imec.istart, New Science Ventures, PMV, Qbic Fund

Kodano Group built a major online business selling contact lenses and its own line of spectacles. To complement its digital storefront, the company also operates the KODANO Optyk retail network of physical optical shops.

HeadquartersKraków, Malopolskie, Poland
Year Founded2004
FoundersJacek Młodawski, Mateusz Matula
Funding Amount€9.3M
Startup SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsVinci

Eyerim runs an online optician store that gives customers direct access to a broad selection of eyewear. Their product range spans from functional computer glasses to high-performance snow and sports goggles.

HeadquartersBratislava, Bratislava, Slovakia (Slovak Republic)
Year Founded2015
FoundersAndrea Zahurancova, Branislav Ramsak, Martin Zahuranec, Yassaman Omidbakhsh
Funding Amount€4.7M
Startup SizeLean Team (11-50)
Last Funding StatusSeries A
Top InvestorsInovo.vc, 3TS Capital Partners, Eterus Capital, Neulogy Ventures

Bids.com runs an online auction marketplace for jewelry, fashion, and collectibles. Their platform allows consumers to bid on a wide variety of goods, from luxury watches to fine art, in timed online events.

HeadquartersValencia, California, United States
Year Founded2017
FoundersDavid Zinberg
Funding Amount$1.7M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeed
Top Investors

Iristick develops augmented reality smart glasses for industrial and professional applications. Their devices provide frontline workers with hands-free access to digital information and allow for real-time collaboration with remote experts.

HeadquartersAntwerp, Antwerpen, Belgium
Year Founded2015
FoundersSteven Serneels
Funding Amount$6.7M
Startup SizeLean Team (11-50)
Last Funding StatusVenture Round
Top InvestorsEuropean Union, Saffelberg Investments, Innovation Fund, Department for International Development

3 Additional Eyewear Startups Worth Following

Our top ten picks are just a glimpse into the exciting work happening in eyewear. Other founders are tackling everything from biotech to retail, raising millions in funding along the way.

Some are early in their journey, while others have been building for over a decade. Here are a few more startups that are helping shape the industry.

StartupMain IndustryYear FoundedAmount RaisedLast Funding Round
Cassini Technologies logo Cassini TechnologiesBiotech2006€1.6MSeries A
CLAIRE logo CLAIRERetail2021$100kPre-Seed
FABBRICATORINO logo FABBRICATORINORetail2017€1.2MEquity Crowdfunding