Some startups promise light at the end of the tunnel. Mojo Vision decided the tunnel itself was too dark, so they built a micro-LED sun that fits on a wafer. Founded in 2015 by Drew Perkins and Michael Wiemer, Mojo Vision started with an audacious dream, AR contact lenses that would turn sci-fi into wearable reality. That dream didn’t die, it evolved. Today, the company runs a wafers-in, wafers-out micro-LED platform that is cracking open markets from AI-driven data interconnects to AR displays. Invisible computing isn’t a tagline, it is the north star.
This week, Mojo Vision announced a $75 million Series B Prime round led by Vanedge Capital, with Edge Venture Capital, New Enterprise Associates, Fusion Fund, Knollwood Capital, Dolby Family Ventures, Khosla Ventures, imec.xpand, Keymaker, Ohio Innovation Fund, and Hyperlink Ventures backing the move. That haul pushes total funding past $200 million, stacking fuel for a company already operating at record-breaking display density and brightness. Series B Prime is more than a check, it is the industry betting that Mojo Vision’s technology will scale and redefine how we see and move data.
CEO Nikhil Balram knows display tech like a prizefighter knows his jab, precise, punishing, effective. CTO Michael Wiemer has built and sold companies before, but here he is architecting silicon-level breakthroughs with 28,000 PPI density that makes even the sharpest OLEDs look blurry. Chairman Drew Perkins still drives the long vision, while leaders like Grace Lee, Susan Anderson, Mark Colby, Kevin Ridout, G. Aaron James, and Jay Fraser ensure this isn’t just lab science but commercial reality. That balance, deep R&D with operational muscle, is why investors like NEA, Dolby Family Ventures, and Khosla Ventures keep doubling down.
The play isn’t just smaller, brighter screens. It is a platform built on 300 mm silicon wafers, GaN emitters, quantum-dot color conversion, and micro-lens arrays. That combination unlocks AR headsets that don’t feel like ski goggles, AI interconnects with 100x power efficiency, and bandwidth density hyperscale datacenters are desperate for. Mojo Vision’s roadmap makes it clear: AI optical interconnect modules in 2026, enterprise AR optics in 2027, and consumer-facing designs after that. Automotive heads-up displays and smart glasses aren’t side projects, they are inevitable steps.
Pull this off and you don’t just sell to customers, you set standards competitors chase. Mojo Vision is no longer the “contact lens company.” It is the micro-LED platform company. A firm with DOE-backed interconnect trials, semiconductor foundry alliances, and a bench of patents deep enough to keep rivals second-guessing. With $75 million more in the bank, Mojo Vision just positioned itself to own the intersection of AI and AR before most people even realize those markets are colliding.
