WaveOptics (Snap Inc) logo — We deliver the world’s best optical engines for AR eyewear

WaveOptics (Snap Inc)

We deliver the world’s best optical engines for AR eyewear

Founded 2014 United Kingdom Abingdon, United Kingdom 78 employees Series C Total: $45.50M Consumer Electronics, Hardware +1

General Information

Company Name WaveOptics (Snap Inc)
Founded Year 2014
Location United Kingdom Abingdon, United Kingdom +1
Employees 78
Industries Consumer Electronics, Hardware, VR/AR
Funding Stage Series C
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AI Insight

Bounce Watch AI
1 month ago

WaveOptics, a key Snap Inc. subsidiary specializing in AR optical engines, is signaling a substantial strategic or product development, indicated by a major website overhaul (57.84% change) scheduled for July 2026. This significant future-dated digital transformation suggests the company is preparing for a new phase in its offerings. The update likely aims to reflect advancements in their AR eyewear technology, enhance engagement with external customers, or align with Snap's broader augmented reality hardware ambitions, pointing towards an upcoming market announcement or product launch.

Signal Types
Product Update Strategic Shift
Strategic Labels
AR Expansion Market Re-positioning Product Development
Next Move: Product Launch
·
Impact: 8/10
·
Ideal For: AR Hardware Investors — Consumer Tech Partners

About WaveOptics (Snap Inc)

WaveOptics (Snap Inc), founded in 2014, stands at the forefront of delivering cutting-edge optical engines for AR eyewear. The company’s slogan, "We deliver the world’s best optical engines for AR eyewear," reflects its commitment to innovating in the intersection of Consumer Electronics, Hardware, and VR/AR.

Operating as a wholly owned subsidiary of Snap Inc, but maintaining its independence, WaveOptics specializes in the research, design, and development of advanced optical engines for augmented reality devices. These engines integrate customizable waveguides paired with projectors, offering exceptional performance with an emphasis on affordability and lightweight design.

The company's last funding round, a $13.00M Series C investment on September 10, 2019, saw participation from notable investors such as Octopus Ventures, Gobi Partners, IP Group, Robert Bosch Venture Capital, Hostplus, and GoerTek Inc. As a leader in AR technology, WaveOptics continues to shape the evolution of next-generation smart eyewear.

Taxonomy: Augmented Reality, Optical Engines, Smartglasses, Headsets, Waveguide Technology, Projectors, Diffractive Waveguides, DMD Projectors, LCoS Projectors, MicroLED Projectors, Display Technology, Consumer Electronics, Optical Performance

Services & Products

Design and Manufacture of Waveguides
Development of Projector Technology
Integration of Optical Engines
R&D in Optical Experiences

Target Customers

Consumer Electronics Companies AR Product Developers Snap Inc. Wearable Technology Market

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 6
Investor Investor Investor Investor Investor
•••• ••••
10 Sep 2019
Series C •••••• 6
Investor Investor Investor Investor
•••• ••••
11 Dec 2018
Series B •••••• 4
Investor Investor Investor
•••• ••••
17 Jul 2017
Non Equity Assistance •••••• 1
Investor
02 Nov 2016
Series A •••••• 4
Investor Investor
•••• ••••
25 Nov 2015

View All 6 Funding Rounds

WaveOptics (Snap Inc) Alternatives & Competitors

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FAQ About WaveOptics (Snap Inc)

We deliver the world’s best optical engines for AR eyewear
WaveOptics (Snap Inc) was founded in 2014.
WaveOptics (Snap Inc) is headquartered in Abingdon, United Kingdom.
WaveOptics (Snap Inc) operates in the following industries: Consumer Electronics, Hardware, VR/AR.
WaveOptics (Snap Inc) has approximately 78 employees.
WaveOptics (Snap Inc) has completed 6 funding rounds, raising a total of $45.50M. The latest funding stage is Series C.
WaveOptics (Snap Inc) offers: Design and Manufacture of Waveguides, Development of Projector Technology, Integration of Optical Engines, R&D in Optical Experiences.
Top alternatives and competitors to WaveOptics (Snap Inc) include RPO Pty Ltd, Panatron Inc., Dispelix, Stensborg , Intense, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
WaveOptics (Snap Inc) and RPO Pty Ltd 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.

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