Mojo Vision

Mojo Vision

Develops advanced micro LED display technology

About Mojo Vision

Simplify's Rating
Why Mojo Vision is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Hardware

VR & AR

Consumer Goods

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$262.5M

Headquarters

Saratoga, California

Founded

2015

Overview

Mojo Vision develops advanced micro LED display technology, creating the smallest and densest displays suitable for augmented reality (AR) and virtual reality (VR) applications. Their micro LED displays can be integrated into a variety of products, including wearables, televisions, and large video walls, making them versatile for different market needs. Mojo Vision collaborates closely with clients to tailor their displays to specific product requirements, ensuring optimal performance and fostering long-term partnerships. The company generates revenue through the sale of its displays and related technologies, aiming to capture a significant share of the display market, especially in the growing AR and VR sectors.

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Simplify's Take

What believers are saying

  • Growing interest in smart contact lenses boosts market potential for Mojo Vision.
  • Collaboration with CY Vision opens opportunities in the automotive display market.
  • Decline in smartphone sales shifts consumer interest to AR and VR technologies.

What critics are saying

  • Increased competition from startups like Xpanceo in smart contact lenses.
  • Potential market saturation in AR and VR sectors could dilute market share.
  • Rapid innovation in display tech requires continuous R&D investment.

What makes Mojo Vision unique

  • Mojo Vision developed the world's smallest, densest dynamic display for AR smart contact lenses.
  • Proprietary quantum-dot technology enables full-color capability in micro-LED displays.
  • Advanced 300mm manufacturing process enhances display performance across various form factors.

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Funding

Total Funding

$262.5M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

-12%
Acumen Research and Consulting
Dec 9th, 2024
Smart Contact Lenses Market Size to Reach USD 8.4 Billion by 2032

For instance, in March 2022, Mojo Vision, known as the Invisible Computing Company, unveiled its most advanced Mojo Lens prototype, the world's first true smart contact lens, featuring a range of new, industry-first innovations.

Immersive Technology
Sep 18th, 2024
CY Vision and Mojo Vision to Develop AR HUDs for Cars

CY Vision and Mojo Vision team up to develop AR HUDs.

VentureBeat
Sep 10th, 2024
Mojo Vision and CY Vision will create Micro-LED heads-up displays for cars

Mojo Vision, a maker of tiny micro-LED screens, has partnered with CY Vision to create next-generation heads-up displays for cars.

Securities.io
Jun 4th, 2024
Enhancing Augmented Reality With Next-Gen Lenses

One of the biggest online design schools globally, Interaction Design Foundation, defines Augmented reality as ‘an experience where designers enhance parts of users' physical world with computer-generated input.' IBM, one of the pioneering companies that has always introduced us to new forms of game-changing technology, sees and studies AR as the ‘real-time integration of digital information into a user's environment.'These definitions prove that Augmented Reality is nothing less than a radical leap, which involves highly imaginative perceptions of what technology could provide us and intricately built solutions to make those perceptions a reality.Making augmented reality an effective and efficient proposition on the ground requires a lot of factors to work well. The coming together of the digital and physical worlds has to be glitch-free and seamless. The interactions must happen in real-time, and the identification of virtual and real objects in three-dimensional interfaces must be accurate.Over the years, researchers and innovative technology project teams have been relentlessly working towards perfecting these factors. New research has created much excitement in this space. Scientists have created the thinnest lens on the planet, enabled by excitons, that could be used in future AR glasses. In the following segment, we delve deeper into this research.Exciton-Enabled Lens: The Thinnest on the EarthA group of researchers from the University of Amsterdam and Stanford University, California, have leveraged a single layer of tungsten disulfide (WS2) to develop a flat lens that is half a millimeter wide but just 0.0000006 millimeters, or 0.6 nanometers, thick

Display Daily
May 20th, 2024
Mojo Vision Unveils High-Density MicroLED Display Technology at Display Week 2024

Mojo Vision unveils high-density MicroLED display technology at Display Week 2024.

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