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Dispelix logo — Enabling the unseen fusion of the virtual and the real

Dispelix

Enabling the unseen fusion of the virtual and the real

Founded 2015 Finland Finland 81 employees Series B Total: $52.10M Design, Manufacturing +2

General Information

Company Name Dispelix
Founded Year 2015
Location Finland Finland
Founders / Decision Makers
Team member
Employees 81
Industries Design, Manufacturing, Semiconductor +1
Funding Stage Series B
Business Model B2B, D2C, B2B2B
Revenue Model Licensing, Product Sales, Service Fee
Social

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About Dispelix

Dispelix, founded in 2015 and headquartered in Finland, is at the forefront of advancing the intersection between virtual and real worlds through its innovative waveguide technology for augmented reality (AR) glasses. The company operates within the Design, Manufacturing, Semiconductor, and VR/AR industries.

Driven by a philosophy that emphasizes simplicity in technology, Dispelix aims to transform cumbersome technology interfaces into seamless, invisible experiences. The company is revolutionizing the design of AR waveguides to resemble ordinary glasses, making technology unnoticeable but ever-present.

The company secured a significant financial milestone with a €28.40M Series B investment on 08 November 2021. Notable backers include Atlantic Bridge Ventures, Flashpoint, Lifeline Ventures, Tesi, CCB Trust, VTT Ventures, and 3M, underscoring strong investor confidence in Dispelix's potential to lead in extended reality innovations.

Business keywords: extended reality, waveguide technology, AR glasses, transparent displays, XR devices, virtual and real integration, wearable technology, simplicity in technology, XR waveguides, technology invisibility, industry collaboration, tech innovation, transparent OLED

Services & Products

AR Waveguide Design
Waveguide Manufacturing
Custom AR Displays
AR Technology Innovation

Target Customers

Consumer Electronics Manufacturers Enterprise Clients Aerospace and Defense Sector AR Technology Leaders B2B AR Device Makers

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series B €28.40M 7
Atlantic Bridge Ventures Flashpoint Lifeline Ventures
Atlantic Bridge Ventures, Flashpoint +5
08 Nov 2021
Series A €10.00M 1
Flashpoint
Flashpoint
29 Apr 2021
Series A €12.00M 2
Lifeline Ventures
Lifeline Ventures, 3M New Ventures
02 Nov 2018
Seed Round €1.70M 2
Lifeline Ventures VTT Ventures
Lifeline Ventures, VTT Ventures
21 Apr 2016

Latest News

View All
Cosmic rays, XR, and ‘multiverse’ quantum computing — welcome to EIC’s deeptech Scaling Club — Thenextweb
Cosmic rays, XR, and ‘multiverse’ quantum computing — welcome to EIC’s deeptech Scaling Club
Thenextweb Nov 23, 2025
Voima Ventures closes €100M+ Fund III for Nordic and Baltic deeptech startups — Tech
Voima Ventures closes €100M+ Fund III for Nordic and Baltic deeptech startups
Tech Dec 27, 2024
Voima Ventures closes €100M+ Fund III for Nordic and Baltic deeptech startups — Tech
Voima Ventures closes €100M+ Fund III for Nordic and Baltic deeptech startups
Tech Dec 20, 2024

Dispelix Alternatives & Competitors

View All Alternatives
Dispelix vs
FlexEnable
FlexEnable United Kingdom

Enabling ultra-thin and lightweight 3D curved active liquid crystal optics for AI/AR glasses and fle...

Series B
44 employees
Design, Manufacturing
Compare Dispelix vs FlexEnable
Dispelix vs
Ares Materials, Inc.
Ares Materials, Inc. United States

The AI Materials Company

Series A
34 employees
AI, Manufacturing
Compare Dispelix vs Ares Materials, Inc.
Dispelix vs
Shenzhen Lochn Optics Technology Co., Ltd.
Shenzhen Lochn Optics Technology Co., Ltd. China

Leading AR Near-eye Display Modules Supplier

Series C
7 employees
Consumer Electronics, Design
View all alternatives

FAQ About Dispelix

Enabling the unseen fusion of the virtual and the real
Dispelix was founded in 2015.
Dispelix is headquartered in Finland.
Dispelix operates in Design, Manufacturing, Semiconductor and VR/AR. Its work centres on extended reality, waveguide technology, AR glasses and transparent displays. Its customers include Consumer Electronics Manufacturers, Enterprise Clients and Aerospace and Defense Sector.
Dispelix has a B2B, D2C and B2B2B business model. Its revenue comes from Licensing, Product Sales and Service Fee.
Dispelix has approximately 81 employees.
Dispelix has completed 4 funding rounds, raising a total of $52.10M. The latest funding stage is Series B.
Dispelix offers: AR Waveguide Design, Waveguide Manufacturing, Custom AR Displays, AR Technology Innovation.
Top alternatives and competitors to Dispelix include FlexEnable, Ares Materials, Inc., Shenzhen Lochn Optics Technology Co., Ltd., DIAMFAB, Brilliance RGB. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Dispelix and FlexEnable are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Dispelix, https://bouncewatch.com/company/dispelix, updated 2 March 2026. When citing, please name BounceWatch and link this page.

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