The 12 closest competitors and alternatives to Lumus Ltd. among augmented reality hardware companies — ranked by similarity to what Lumus Ltd. actually does, not by market-cap band.
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Lumus is an Israeli-based company headquartered in Ness Ziona, Israel that creates optical waveguides for head-mounted displays. Founded in 2000, Lumus has developed technology for see-through wearable displays, via its patented Light-guide Optical Element (LOE) platform to market producers of smart glasses and augmented reality eyewear.
Lumus Ltd. is an augmented reality hardware company headquartered in Israel, founded in 2000. It has raised at least $60M across the 2 funding rounds on record. Its most recent funding round, Series C, raised $45M in December 2016. Xcout tracks 4 named people at Lumus Ltd., including Ari Grobman (Lumus CEO).
At least $60M raised across the 2 rounds on record. Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Series C | $45M | 5 named | |
| — | $15M | — |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Ranked by semantic similarity — how close each company is to Lumus Ltd. by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Hardware
poLight develops and provides patented tunable optics technology, specifically its TLens products, designed to replace traditional Voice Coil Motor systems in camera applications. The company serves markets such as smartphones, wearables, industrial devices, augmented reality, and healthcare by offering high-speed, low-power autofocus and imaging solutions that replicate the human eye.
Electronics Manufacturing
Hangzhou Mdk Opto Electronics Co.,Ltd. engages in the research, develops, manufactures, and sells acousto-optics, optoelectronics, semiconductor optics, semiconductor micro-nano circuit, and intelligent terminal products in China. The company offers optical sensor package substrates and carrier glass substrates, as well as ceramic substrate precision machining services; and biometric products, such as optical connectors for 3D structured light modules, biometric infrared bandpass optical filters, semiconductor wafer optical solutions, and optical filters for fingerprint recognition modules. It also provides image products, including smart phone and security camera filter assembly, infrared cutoff and optical low pass filters, ultra-low reflection optical lens, optical wavelength plates, and sapphire products; vehicle-mounted parts, such as pattern coating on glass wafer and absorption coated filters; and machine vision products, including colored glass optical coating film; as well as high-refractive index glass wafer precision engineering service for AR/MR parts. The company was founded in 2010 and is based in Jiaxing, China.
Hardware, AR/VR
Dispelix develops and supplies transparent waveguides, which are used as see-through displays in augmented reality (AR) devices. The company serves leading enterprise and consumer technology companies globally.
Hardware
Vuzix Corporation designs, manufactures, and markets artificial intelligence (AI)-powered smart glasses, waveguides, and augmented reality (AR) technologies in North America, Europe, the Asia Pacific, and internationally. The company offers smart glasses that include M Series, Vuzix Blade, Vuzix Shield, and Vuzix Ultralite Z100; Mobilium logistics mobility software solution; waveguide optics; and display engines. It provides engineering services and original design manufacturers (ODM)/original equipment manufacturers (OEM) component solutions. The company sells its products through direct sales, value-added resellers, distributors, ODM and OEM partnerships, and online stores, as well as various Vuzix operated web stores in the United States, Europe, and Japan. It serves the enterprise, medical, defense, security, and consumer markets. The company was formerly known as Icuiti Corporation and changed its name to Vuzix Corporation in September 2007. Vuzix Corporation was incorporated in 1997 and is headquartered in West Henrietta, New York.
Hardware
INMO is a technology company headquartered in China that focuses on the research and development of electronics and wearable technology. It is recognized as a pioneer in wireless AR glasses and AI smart glasses.
Hardware
Even Realities GmbH designs smart glasses that combine optical technology with everyday style, focusing on digital eyewear innovation. The company has achieved unicorn status with a valuation of $1 billion.
Hardware
MicroVision, Inc. specializes in advanced sensing solutions, primarily developing lidar sensors crucial for automotive safety and the advancement of autonomous driving systems. These lidar units leverage a sophisticated laser beam scanning (LBS) technology, integrating micro-electrical mechanical systems (MEMS), laser diodes, opto-mechanics, and specialized electronics, algorithms, and software. They are also actively developing their first-generation long-range lidar. Beyond automotive, MicroVision extends its expertise to micro-display development, creating designs and concepts for head-mounted augmented reality (AR) headsets. This includes a 1440i MEMS module specifically designed to power such AR devices. Their portfolio further encompasses interactive display modules for smart speakers and various other devices, alongside consumer lidar solutions tailored for smart home integration. A cornerstone of their innovation is the PicoP scanning technology. This advanced system generates vivid, high-contrast, and consistently uniform full-color images across an entire field-of-view, all from a remarkably compact and slender module. MicroVision primarily distributes its offerings to original equipment manufacturers (OEMs) and original design manufacturers (ODMs). Established in 1993, the company maintains its headquarters in Redmond, Washington.
Hardware
Azumo develops energy-efficient reflective display technology and front light panels for electronic devices. The company serves industries such as medical, automotive, consumer electronics, wearables, and industrial applications.
Hardware
Neonode Inc., along with its subsidiaries, specializes in developing optical sensing technology for touch, contactless touch, and gesture recognition. These innovative solutions are deployed across diverse international markets, including the United States, Japan, South Korea, and China. The company also furnishes sophisticated software solutions that utilize advanced machine learning algorithms for scene analysis. This capability enables the detection and tracking of individuals and objects within video streams from cameras and various other imaging devices. Neonode licenses its proprietary technology to original equipment manufacturers (OEMs) and Tier 1 suppliers. Additionally, they supply embedded sensor modules to OEMs, original design manufacturers (ODMs), and systems integrators, while also offering expert engineering consulting services. Furthermore, Neonode markets its own branded sensor products, such as the AirBar series, through a network of distributors. Its extensive market reach covers sectors including office equipment, automotive, industrial automation, medical, military, and avionics. Established in 1997, Neonode Inc. maintains its corporate headquarters in Stockholm, Sweden.
Hardware
Nano Dimension Ltd., an Israeli enterprise operating globally through its subsidiaries, focuses on delivering additive electronics solutions. The cornerstone of its offerings is the DragonFly IV system, an advanced platform engineered to address the manufacturing requirements of high-performance electronic devices across numerous sectors. This innovative system functions by precisely laying down specialized conductive and dielectric materials, and it possesses the capability to embed components such as capacitors, antennas, coils, transformers, and electromechanical parts directly. Beyond its primary system, Nano Dimension also supplies nanotechnology-derived conductive and dielectric inks, alongside the FLIGHT software platform, which empowers users with the 3D design of intricate electrical and mechanical functionalities. The company's diverse clientele includes organizations involved in creating products with electronic components, spanning critical industries like defense, automotive, consumer electronics, semiconductors, aerospace, and medical, in addition to academic and industrial research institutions. Established in 2012, Nano Dimension Ltd. maintains its corporate headquarters in Ness Ziona, Israel.
Hardware
Operating out of Taiwan, Young Optics Inc. specializes in the development, production, and distribution of a diverse array of optical components, engines, and integrated modules. Its comprehensive product portfolio includes various plastic injection molds and precision-machined metal elements like barrels, spacers, retainers, cam rings, and flanges. Furthermore, the company supplies essential optical components such as plastic and glass lenses (molded and ground), color wheels, glass light tunnels, reflective prisms, color filters, x-plates, mirrors, UVIR filters, and waveguide devices. The firm also manufactures DLP evaluation modules alongside DLP LED and UV light engines. Their lens offerings encompass a broad spectrum, including those for machine vision, projection, logo display, smart head applications, advanced driver-assistance systems (ADAS), lidar, and endoscopes, as well as fixed and varifocal models. Additionally, Young Optics produces monocular Head-Mounted Display (HMD) solutions. Established in 2002, Young Optics Inc. maintains its headquarters in Hsinchu, Taiwan.
Technology Hardware & Equipment
Nanoveu Limited, an Australian technology company founded in 2018 and based in Subiaco, focuses on inventing and globally marketing nanotechnology-based solutions for consumer electronics. Its current offerings include Nanoshield, an antiviral protective layer that comes as mobile phone screen covers, cases, and a commercial film for diverse surface applications. Another key product, EyeFly3D, enables standard 2D digital displays to render content in 3D without requiring specialized glasses. Additionally, the company is actively developing several new ventures: Customskins vending machines designed for quick and accurate mobile phone screen cover application (taking just over a minute), EyeFyx, a vision correction system using a combination of hardware and software to modify screen output, and an anti-flamatory coating technology intended for plastic laminates within the aviation and transport industries.
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