3D Printed EyewearConsumer ProductsMoney & Funding

Luxexcel receives €4M equity investment to accelerate AR/VR eyewear program

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After closing an 8.5M EUR (10M USD) investment for its core activities in the ophthalmic industry (including participation from SET Ventures, Munich Venture Partners, PMV and KLA-Tencor), Luxexcel has begun installing the first industrial-grade 3D printing platforms in the USA and Europe. An additional 4M EUR (4.7M USD) investment will be used for the rapid expansion of the Luxexcel platform-functionality through dedicated (co-)development programs and partnerships in the domain of Augmented & Virtual Reality also known as AR/VR. AR/VR Eyewear applications include smart glasses that provide the user with real-time information for professional and personal use, gaming applications including control consoles for drones (fpv), sensors and cameras integrated into eyewear.

“AR/VR applications have become a hot topic in the industry.  We add the ability to 3D-print ophthalmic-quality prescription lenses to these applications. This enables the AR/VR headset manufacturers to offer fully personalized smart eyewear in attractive frame design. The ability of our platform to 3D-print ophthalmic lenses in any shape or form and the possibility to embed new functionalities in the lens triggers entirely new dimensions in terms of user experience and business opportunity,” said Hans Streng, Chief Executive Officer of Luxexcel.

Luxexcel Vision Platform

The Luxexcel Vision platform offers opportunities for both ophthalmic labs and AR/VR headset manufacturers. Ophthalmic labs use the Luxexcel Vision Platform to 3D print custom AR/VR lenses. The Luxexcel Vision Platform is fully integrated into today’s ophthalmic lab flow. This opens up a new industry lens segment for ophthalmic labs.

AR/VR eyewear

“We believe that with the technology of Luxexcel it will be possible to combine AR/VR applications with RX eye correction, which is an essential component in bringing smart eyewear to the mainstream market. We are excited about leveraging the high-tech network in the Netherlands to enable this unique breakthrough,” said Nard Sintenie, Founding Partner at Innovation Industries BV.

AR/VR headset manufacturers have the opportunity to commercialize AR/VR headsets with personalized prescription lenses included. By making use of the Luxexcel Vision Platform lens customization becomes accessible to AR/VR headset manufacturers.

The Luxexcel platform consists of industrial-grade optical 3D-printer, lens-design software, ophthalmic quality print materials and workflow integration tools which enables customers to manufacture 3D printed ophthalmic quality lenses that meet all industry standards.

 

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Victor does not really exist. He is a pseudonym for several writers in the 3D Printing Media Network team. As a pseudonym, Victor has also had a fascinating made-up life story, living as a digital (and virtual) nomad to cover the global AM industry. He has always worked extra-hard whenever he was needed to create unique content. However, lately, as our editorial team has grown, he is mostly taking care of publishing press releases.

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