Mojo Vision, based in Saratoga, Calif., was founded in 2015 by Michael Wiemer, Michael Derring and Drew Perkins, the company’s CEO. The company’s main product is the Mojo Lens, a smart augmented-reality contact lens with a built-in display that gives timely information.
In November, Mojo Vision announced the creation of a new app created in partnership with Amazon. According to IEEE Spectrum, an engineering publication, the app allows users to ask Alexa, by talking, to add items to their shopping list that they can then view as a scrollable list through the lens while walking through the grocery store. Users can check off items while holding their gaze for a moment.
Among the company’s leading investors are Global Brain Corp and HiJoJo Partners. Mojo Vision has raised more than $161 million in funding over eight rounds, the latest being a Series B round in April 2022. The company’s last known valuation is $550 million and has not publicly communicated an intention to IPO.