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Almer Technologies

Extended Reality
Product stageSegments
Seed
?
Hardware manufacturers
?

Almer Technologies, a Swiss startup, specializes in the development of AR glasses designed for industrial applications. The company’s latest product, the Almer Arc 2 AR headset (launched in January 2024), weighing 138 grams, feature a 1080p monocular full HD microOLED display equipped with an 8MP camera, and is powered by Qualcomm's XR1 chip, providing a battery life of up to eight hours. The glasses are designed to be compatible with safety equipment and feature Almer's patented OLED display technology, which supports high-resolution live video streaming and complex 3D graphics display.

The company generates revenue on a monthly subscription basis, ranging from USD 176-235, which includes the Almer Arc 2, remote assistance software powered by TeamViewer’s xAssist platform, and a 48-hour replacement service. Software includes the Almer Cloud platform designed to facilitate the transfer of knowledge to frontline workers. The platform allows users to highlight, write, and signal on the operator's field of view and share various file types, including SVG, CAD, and MOV. 

The company primarily serves the machinery industry, enabling less experienced or low-skilled workers to troubleshoot and resolve machine interruptions with the assistance of a remote expert. The company projected that its solution could generate annual savings of CHF 7.2 billion (~USD 8 billion) for the top 10 machine manufacturers across Switzerland, Germany, and Austria, with plans to partner with players in the healthcare sector. 

Key customers and partnerships

As of January 2024, Almer had deals with over 20 enterprises, which included Switzerland’s largest defense contractor, alongside the other notable Swiss-based companies Swisscom, SFS and OC Oerlikon.

Funding and financials

In June 2023, the company raised CHF 4.5 million (~USD 5 million) in a seed funding round. The acquired capital was to be channeled toward the development and production of Almer's AR glasses, the Almer Arc 2, as well as supporting the company's market expansion efforts. 

Extended Reality

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Key stats
Featured companies
238
Total funding (USD)
13.6 Bn
Total addressable market (USD)
100.4 Bn
Key competitors
 
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Company profile
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Recent Updates

Funding
Jun 22, 2023
AR enterprise glass manufacturer Almer Technologies raises CHF 4.5 million in seed funding round
Extended Reality

Company Brief


HQ location:
Bern Marktgasse 46 Bern CHE
Founded year:
2021
Employees:
11-50
Total Funding:
USD 7.4 million
Last Funding
USD 5.2 million, Jun 2023

Funding


Investors


No investor data is available

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