🇫🇮 IXI raises $36.5 million Series A to develop autofocus eyewear that will transform how humanity sees

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IXI raises $36.5 million Series A to develop autofocus eyewear that will transform how humanity sees

  • Coming out of stealth, IXI is developing the world’s first autofocus glasses, deploying advanced optics and eye-tracking to enable optimal vision
  • IXI’s dynamic lenses will provide naturally sharp vision, creating a new category of eyewear and transforming a $200 billion industry
  • New funding will enable IXI to complete product development of IXI Adaptive Eyewear

Espoo, Finland, 29 April 2025: IXI, the company on a mission to change how the world sees with the first autofocus glasses, has raised $36.5 million in Series A funding. The round was led by Plural, with participation from Tesi, byFounders, Heartcore, Eurazeo, FOV Ventures, Tiny Supercomputer and IXI’s existing investors*. The new funding will enable IXI to complete the product development of IXI Adaptive Eyewear and kick off the commercial operations.

New era for vision technology

Founded in 2021 by a pioneering team of wearable technology, optics and industrial design, IXI is disrupting the $200 billion eyewear market with dynamic lenses that automatically adapt to the wearer’s eyes. Its technology will provide a wider field of view in a product that works just as nature intended your eyes to work. IXI is creating a new category of eyewear, featuring unique real-time and ultra-low-power eye tracking and state-of-the-art dynamic lens technology. The result is an elegant design that redefines what advanced vision tech can look and feel like.

The company is on a mission to finally break the limits of traditional eyewear; limits which have remained in place for centuries. Traditional progressive lenses force wearers to compromise: narrow fields of view, peripheral distortion, and difficulty seeing clearly at varying distances are common trade-offs. As global populations age, presbyopia diagnoses increase and millions face significant compromises in multi-focal vision, turning an already widespread challenge into a looming global issue.

    Niko Eiden, co-founder and CEO of IXI, said: “Eyewear is the world’s oldest wearable, rooted in centuries of brilliance across science, design and craftsmanship. That being said, it’s incredible that we haven’t seen more technology leaps, leaving millions of people forced to compromise on how they see the world. The time for change is now. We’re creating a whole new era in vision tech—and we can’t wait to show the world what’s coming. Backed by investors who see the scale of this opportunity, we’re ready to redefine what eyewear can be.”

    Setting the standard for vision correction

    IXI’s founders, Niko Eiden (CEO) and Ville Miettinen (Chief Algorithm Officer) previously co-founded the premium mixed reality hardware startup, Varjo. Their experience in advanced optics and eye-tracking solutions inspired them to create a new kind of eyewear that truly solves the challenge of vision correction and liberates people from poor eyesight.

    Sten Tamkivi, Partner at Plural, said: “Niko, Ville and the team’s rare European hardware expertise puts them at the forefront of advanced optics and eye-tracking developments. They’re creating beautiful, literally invisible technology that pioneers a new approach to vision which will finally improve human eyesight once and for all. By backing IXI, we’re not just investing in a company, but in a future where technology revolutionises how we see the world.”

    Sign up for updates and early access here: https://ixieyewear.com/

    ENDS

    Notes to editors:

    *Participating existing investors include:

    • Maki.vc,
    • First Fellow
    • Amazon Alexa Fund
    • firstminutecapital
    • John Lindfors
    • Illusian
    • Bragiel Brothers

    Contact:

    About IXI:

    IXI was founded in 2021 in Espoo, Finland, with a simple premise: to create eyewear that provides optimal vision in every situation. Using cutting-edge technology, IXI glasses intelligently adapt to your eye movements, automatically focusing to help you see more—sharper—all within beautifully designed frames. Their first-generation product is currently in development, with more details to follow closer to launch. Sign up for early access here: https://ixieyewear.com/

    Originally published on 29 April by IXI.

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