WaveOptics Revenue and Competitors

Abingdon, UK

Location

$54.4M

Total Funding

Electronics

Industry

Estimated Revenue & Valuation

  • WaveOptics's estimated annual revenue is currently $29.6M per year.(i)
  • WaveOptics received $26.0M in venture funding in December 2018.
  • WaveOptics's estimated revenue per employee is $245,000
  • WaveOptics's total funding is $54.4M.

Employee Data

  • WaveOptics has 121 Employees.(i)
  • WaveOptics grew their employee count by -5% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$6.1M33-3%$13MN/A
#2
$6.9M370%$20.1MN/A
#3
$20.1M8222%N/AN/A
#4
$11.5M520%N/AN/A
#5
$12.1M5520%N/AN/A
#6
$29.6M121-5%$54.4MN/A
#7
$9M4639%N/AN/A
#8
$20.1M8224%N/AN/A
#9
$8.4M4326%N/AN/A
#10
$16.1M731%N/AN/A
Add Company

WaveOptics aims to be the key optical component in all Augmented Reality (AR) Wearables and smartglasses. We are the world leading designer and manufacturer of diffractive waveguides, the key optical component in wearable augmented reality devices. AR wearables, such as smart glasses, enable users to see computer generated images overlaid on top of the real world. There are two key elements that allow these images to be seen a light source such as a minute projector and a means of transferring the image from the projector into the user's eyes. WaveOptics waveguide technology transfers the light waves from the light source and projects them into the user's eye. The technology produces a large eye-box, binocular viewing and a high field of view. The eye-box (the viewing window) is the size of the AR display from which the full image is visible. WaveOptics waveguides deliver crisp, undistorted text as well as stable imagery. WaveOptics technology is designed to be used for immersive AR experiences in Industrial, enterprise and consumer markets. The Company aims for its waveguides to be the core optical component used in all AR wearable devices, driven by its unique technology and expertise, which enable unparalleled manufacturing scalability and visual performance as well as versatility for numerous applications To learn more, visit http://www.enhancedworld.com/

keywords:Cleantech,Consumer Electronics,Entertainment,Gaming,Hardware,Healthcare,Medical Devices,Software Development,Solar Power,Wind Power

$54.4M

Total Funding

121

Number of Employees

$29.6M

Revenue (est)

-5%

Employee Growth %

N/A

Valuation

N/A

Accelerator

WaveOptics News

2022-04-17 - Snap's stock rises despite revenue shortfall amid 'a challenging operating environment' MarketWatch

Snap's stock rises despite revenue shortfall amid 'a challenging operating environment' MarketWatch

2021-05-22 - Snap acquires WaveOptics in a US$ 500M deal

Snap Inc. announced on 21 May 2021 that it is acquiring WaveOptics, a startup that designs and manufactures waveguides for AR wearables, in a USD 500M deal. WaveOptics makes the waveguides and projectors used in AR glasses. These overlay virtual images on top of the views of the real world someo ...

2021-05-21 - Snap acquires AR startup WaveOptics, which provides tech for Spectacles, for over $500M

Snap yesterday announced the latest iteration of its Spectacles augmented reality glasses, and today the company revealed a bit more news: it is also acquiring the startup that supplied the technology that helps power them. The Snapchat parent is snapping up WaveOptics, an AR startup that makes ...

2019-09-10 - WaveOptics Secures $13M in Funding

WaveOptics, a London, UK-based designer and manufacturer of waveguide displays, the key optical component used in Augmented Reality (AR) wearables, closed a $39m (£30m) Series C funding round raising an additional $13m (£10m) in the final stage. This final stage was supported by existing invest ...

2018-12-13 - WaveOptics and Corning sign long-term supply deal for AR ...

13 Dec 2018. UK startup WaveOptics has also closed a $26M round of venture funding to support expansion into burgeoning market for augmented reality ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$35M13827%N/A
#2
$40.4M1506%N/A
#3
$24.5M159-23%N/A
#4
$31.9M161-4%N/A
#5
$44.7M1663%N/A

WaveOptics Funding

DateAmountRoundLead InvestorsReference
2018-12-12$26.0MCOctopus VenturesArticle

WaveOptics Executives


NameTitle
Robert BahnsCFO
David HayesCEO
Phil GreenhalghChief Technical Officer
Richard SmithChief Operating Officer
Salim ValeraChief Scientist
David CrosbyChief Technology Officer
Andrew HorsfieldChief Engineer
Mike LynchChief Revenue Officer
Mike LyncNorth America President