AR glass manufacturer, Iristick, received EUR 4 million (~USD 4.3 million) in a funding round led by a consortium of existing and new shareholders under the leadership of Saffelberg Investments. 

The funding is to be utilized for the development of end-to-end solutions in healthcare, energy, and logistics alongside investments to increase user adoption and boost sales and marketing efforts in Europe and the US. Expansion efforts will be led by software industry veteran, Karel Goderis.

Iristick produces AR glasses for desk-less workers in various industries, enabling hands-free communication and information sharing with its current portfolio consisting of four AR glasses. The company’s solutions include remote assistance, workflow guidance, pick-by-vision, and video conferencing, alongside the provision of telemedicine equipment to NGOs in underserved areas.

Analyst QuickTake: Recent funding rounds for AR glass manufacturers like Iristick demonstrate renewed investor interest in the segment. Funds have been utilized for activities including product development, market launch acceleration, and mass production for various industries, such as manufacturing and logistics ( New Forge ), individuals with auditory impairments ( Xander ), and gaming ( Viture ).