Mojo Vision, a California-based startup, has recently secured $22 million in funding to develop micro-LED displays for extended reality (XR) and other applications using smart contact lenses. This latest funding round brings the total investment in the company to $108 million.
The company’s focus on smart contact lenses is a unique approach to XR technology, which typically involves bulky headsets or glasses. Mojo Vision’s smart contact lenses aim to provide a more seamless and natural XR experience by integrating the technology directly into the user’s eyes.
The micro-LED displays that Mojo Vision is developing are incredibly small, measuring just a few microns in size. This allows them to be integrated into contact lenses without compromising comfort or vision. The displays will be capable of showing high-resolution images and video, as well as augmented reality (AR) and virtual reality (VR) content.
Mojo Vision’s smart contact lenses will also feature a range of sensors, including eye-tracking technology, which will allow for more intuitive and natural interaction with XR content. The lenses will also be able to provide real-time health monitoring, such as measuring glucose levels for people with diabetes.
The potential applications for Mojo Vision’s technology are vast. In addition to XR and healthcare, the company is exploring opportunities in fields such as sports and entertainment. For example, the lenses could be used to provide real-time performance data to athletes or to enhance the viewing experience for spectators.
Mojo Vision’s approach to XR technology is particularly exciting because it has the potential to overcome some of the limitations of current XR devices. Headsets and glasses can be bulky and uncomfortable, and they can also be socially isolating. Smart contact lenses, on the other hand, are much more discreet and could allow for more natural social interaction while still providing an immersive XR experience.
Of course, there are also potential concerns around privacy and safety when it comes to integrating technology directly into our bodies. Mojo Vision has stated that it is committed to ensuring the safety and security of its technology, and the company is working closely with regulatory bodies to ensure that its products meet all necessary standards.
Overall, Mojo Vision’s latest funding round and focus on micro-LED displays for smart contact lenses is an exciting development in the world of XR technology. The potential applications for this technology are vast, and it could have a significant impact on fields such as healthcare, sports, and entertainment. As the technology continues to develop, it will be interesting to see how it is received by consumers and how it will shape the future of XR.
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