Mojo Vision raises $43.5 million in Series A funding round

Key Points:

– Mojo Vision, a startup focused on developing augmented reality (AR) contact lenses, has raised an additional $21.1 million in its Series A funding round.
– The round was co-led by New Enterprise Associates (NEA) and Khosla Ventures, bringing the total funding raised to $43.5 million.
– Mojo Vision aims to create AR contact lenses that overlay digital information onto the wearer’s field of vision, providing a seamless and immersive AR experience.
– The funding will be used to further develop the company’s technology and expand its team.

Hot Take:

Mojo Vision’s vision of AR contact lenses is certainly eye-catching, and with the additional funding, they have a clearer view towards making it a reality. With the potential to revolutionize how we interact with digital information, these lenses could turn our ordinary days into extraordinary ones. Imagine scrolling through your emails or checking the weather forecast without even lifting a finger, just a blink of an eye. The future is looking bright for Mojo Vision and their ambitious AR endeavors.

Original Article:https://techcrunch.com/2023/10/12/mojo-visions-series-a-hits-43-5m-following-pivot-to-micro-led-displays/