XPANCEO is a deep tech company developing the next generation of computing via smart contact lens.
Location: UAE
Employees: 11-50
Total raised: $290M
Founded date: 2021
Funding Rounds 2
| Date | Series | Amount | Investors |
| 12.07.2025 | Series A | $250M | - |
| 20.10.2023 | Seed | $40M | - |
Mentions in press and media 13
| Date | Title | Description |
| 12.07.2025 | At $1.35 billion valuation, XPANCEO secures $250 M Series A funding | XPANCEO, a Dubai‑based deep‑tech pioneer developing the world’s first multifunctional smart contact lens, has raised $250 million in a Series A funding round, valuing the company at $1.35 billion. With this milestone — marking XPANCEO as th... |
| 10.07.2025 | Smart Lenses Redefine Reality: Dubai's Xpanceo Secures $250M for Future Vision | Dubai's Xpanceo secured $250M in Series A funding, now valued at $1.35B. The startup, founded by Russian and Ukrainian innovators, will develop advanced smart contact lenses. These lenses aim for augmented reality, night vision, zoom, and r... |
| 09.07.2025 | Dubai's XPANCEO becomes unicorn after $250m Opportunity Venture-led funding | - |
| 08.07.2025 | Дубайский стартап Xpanceo украинца и россиянина привлек $250 млн на разработку умных контактных линз | Раунд финансирования серии A, который возглавила базирующаяся в Гонконге компания Opportunity Venture (Asia) Ltd., оценил Xpanceo в $1,35 млрд, говорится в заявлении стартапа, опубликованном во вторник. Opportunity Venture ранее вложила $40... |
| 08.07.2025 | Основанный россиянином и украинцем дубайский стартап привлек $250 млн на «умные» контактные линзи | Дубайский стартап Xpanceo, основанный в 2021 году российским предпринимателем Романом Аксельродом и украинским ученым Валентином Волковым, привлек $250 млн в раунде серии, А под руководством гонконгской компании Opportunity Venture. Об этом... |
| 12.04.2024 | Pitch Deck Teardown: Xpanceo’s $40M seed deck | Xpanceo is betting big on turning us all into cyborgs with smart contact lenses, securing a cool $40 million to make our sci-fi dreams a reality. Co-founders Roman Axelrod and Valentyn S. Volkov are on a mission to ditch traditional gadgets... |
| 04.03.2024 | Smart Contact Lenses Could Make Headsets Obsolete | Mayank Sharma , Tech Times 04 March 2024, 11:03 am (Photo : (Photo by TOBIAS SCHWARZ/AFP via Getty Images)) A Dubai-based startup is showing off smart contact lenses which it claims can do everything you can with bulky headsets and a lot mo... |
| 23.11.2023 | Xpanceo: How smart contact lenses will give people superpowers | Smart glasses are already a thing of the present, but what about smart contact lenses? Not many companies are exploring this futuristic technology, but one of them is Xpanceo, a firm seated in Dubai. According to them, smart contact lense... |
| 20.10.2023 | Gulf Digest: VC funding rises this week; Xpanceo snags $40 mn in seed money | Premium Credit: Pexels Deals activity in the Middle East for the week-ended Friday was led by fintech startup Cashin’s acquisition of Saudi-based digital payments provider Cardless. In early-stage deals, Emirati companies like cleantech pla... |
| 17.10.2023 | Deals in brief: VinFast merges with Vingroup’s energy arm, SEEDS Capital adds three portfolio companies, multiple China and India deals, and more | VinFast to merge with Vingroup’s energy arm ahead of fundraising endeavor The Vietnam-based automotive company has announced its merger with VinES Energy Solutions, the energy arm of parent company Vingroup. This merger was facilitated by P... |
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