Mojo Vision

Mojo Vision is the developer of AR contact lens Mojo Lens, which was developed in partnership with Japanese contact lens maker Menicon. Mojo Lens includes a built-in microLED display that allows the user to view AR-based monochrome images, symbols, and text without obstructing their view or restricting mobility. The company intends to work with fitness brands and the visually impaired initially.

In January 2023, the company announced a halt in the production of their smart contact lenses and laid off 75% of its staff due to difficulties in raising funds. The company has since then pivoted its focus on the production of micro-LED’s. Milestones achieved in micro-LED development include lighting up the first 300 mm GaN-on-silicon, blue micro-LED array wafer (May 2023) and powering the world's highest-density (14K ppi) red micro-LED micro display (June 2023).

Key customers and partnerships 

In May 2023, the company partnered with DigiLens to use its micro-LED technology for improved AR glasses. Previous partnerships include to deliver performance and real-time stats data to runners, cyclists, and golfers for performance measurements include Adidas Running (running/training), Trailforks (cycling, hiking/outdoors), Wearable X (yoga), Slopes (snow sports), and 18Birdies (golf) as of January 2022.

Funding and financials

In October 2023, Mojo Vision raised 21.1 million in an extended Series A funding round. Funds were earmarked for the development and commercialization of its micro-LED displays. Previously, in April 2023, the company raised USD 22.4 million in a Series A funding round.