<div>
  <p>
  </p>
  <ul>
    <li>
      <p>
        Mojo Vision raised USD 21.1 million in an extended Series A funding round co-led by New Enterprise Associates (NEA) and Khosla Ventures, with participation from Shanda Grab Ventures and Dolby Family Ventures, among other investors. The company raised USD 22.4 million as part of the round in April 2023, bringing total funding from the round to USD 43.5 million.
      </p>
    </li>
    <li>
      <p>
        Funding was earmarked for the development and commercialization of its micro-LED displays.
      </p>
    </li>
    <li>
      <p>
        <b>Analyst QuickTake:</b>
         The development of micro-LED displays helps overcome barriers to the widespread adoption of VR tech. This includes solving the &ldquo;screen door&rdquo; effect (when individual pixels are visible on the screen), given its high level of pixels per inch (PPI) compared to traditional LCD displays used.&nbsp;
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://techcrunch.com/2023/10/12/mojo-visions-series-a-hits-43-5m-following-pivot-to-micro-led-displays/">
      TechCrunch
    </a>
  </p>
  <p>
    <a href="https://www.finsmes.com/2023/10/mojo-vision-closes-series-a-funding-round.html">
      FinSMEs
    </a>
  </p>
  <p>
  </p>
</div>


Extended Reality

ANALYST_QUICK_TAKE

DISRUPTOR_PRESENT

Mojo Vision, a tech company, has raised a total of $43.5 million in an extended Series A funding round. The funding was led by New Enterprise Associates (NEA) and Khosla Ventures, and also included participation from Shanda Grab Ventures and Dolby Family Ventures, among others. The funds will be used for the development and commercialization of Mojo Vision's micro-LED displays. Analyst QuickTake: The development of micro-LED displays helps overcome barriers to the widespread adoption of VR tech. This includes solving the “screen door” effect (when individual pixels are visible on the screen), given its high level of pixels per inch (PPI) compared to traditional LCD displays used.

All Updates

Mojo Vision raises USD 21.1 million in Series A funding

Mojo Vision announces milestone in the development of micro-LED displays

AR contact lens manufacturer Mojo Vision raises USD 22.4 million in Series A

AR contact lens developer Mojo Vision halts production of smart contact lenses to focus on micro-LED display technology; lays off 75% of its staff

AR contact lens developer Mojo Vision raises USD 45 million