XPANCEO is a Smart Contact Lenses company founded in 2021 and based in Dubai, United Arab Emirates. It has raised $290M in total funding, most recently a Series A in 2025 at a $1.4B valuation.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Jul 8, 2025 | Series A | $250M | $1.4B | Opportunity Venture (Asia) |
| Oct 16, 2023 | Seed | $40M | — |
| Opportunity Ventures (Asia) |
Mojo Vision and XPANCEO are developing contact lens displays for augmented reality.

XPANCEO expands partnership with JBD to co-develop microdisplays for smart contact lenses, targeting scalability and mass production.
XPANCEO's primary product is an invisible, weightless smart contact lens designed as the ultimate computing platform for AI-powered XR. The lens integrates a proprietary microdisplay with a 30° field of view, delivering augmented reality directly to the wearer's vision. It features ultra-low power consumption (1-3 µW), making it up to 300 times more efficient than conventional AR headsets. The device seamlessly merges the real and digital worlds, enabling users to experience applications, content, and digital interfaces without separate devices.
XPANCEO's health-focused smart lens variant integrates advanced biosensing technology to continuously monitor vital health metrics in real-time. The lens incorporates tear-fluid biosensors capable of detecting biomarkers including glucose levels, cortisol, and key vitamins. It also features intraocular pressure (IOP) tracking with reportedly 50% greater precision than existing solutions for non-invasive glaucoma monitoring. This product addresses critical healthcare needs by enabling personalized dosing adjustments via tear diagnostics and early detection of diseases like diabetes and glaucoma.
This specialized variant enables non-invasive detection of medication activity in the body through tear-based analysis. The lens uses custom-developed gold nanoparticles—biocompatible structures roughly 1,000 times thinner than human hair—to achieve the exceptional sensitivity needed for accurate biochemical measurements. This product is particularly valuable for complex therapies with pronounced side effects such as cancer and thrombosis treatments, where real-time medication monitoring can optimize patient outcomes and safety.
XPANCEO has developed prototype smart lenses incorporating nanoparticle engineering to enable enhanced low-light vision capabilities and color blindness compensation. The night vision variant allows users to see clearly in dark or low-light environments, beneficial for military, security, emergency services, and aerospace applications. The color correction lens helps users with color blindness experience more accurate color perception, demonstrating XPANCEO's commitment to inclusive computing that enhances human capability across diverse use cases and populations.