FundedIQ
Hardware

XPANCEO: Funding, Investors & Team (Aug 2026)

XPANCEO is an innovative tech firm that is creating advanced computing technology through a smart contact lens. This lens is undetectable and lightweight, providing a natural experience for the user. The lens revolutionizes the way humans interact with technology, transforming how we perceive both the physical and digital realms, such as social media, content consumption, and gaming. By consolidating all of your electronic devices into one, the lens offers an infinite eXtended Reality experience. It also includes features like real-time health monitoring, valuable recommendations, extraordinary abilities like night vision and zoom, as well as state-of-the-art privacy and security measures.

www.xpanceo.com LinkedIn Dubai, United Arab Emirates 11-50 employees
Augmented Reality Hardware Information Technology Sensor Virtual Reality
Total raised
$290M
Rounds
2
Latest
Series A
Jul 2025

XPANCEO has raised $290M across 2 funding rounds on record, the most recent a Series A of $250M announced in Jul 2025.

That round is above the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.

XPANCEO Company Profile and Key Stats

Total funding raised
$290M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series A
$250M in Jul 2025
Employees
11-50
reported band
Headquarters
Dubai, United Arab Emirates

Latest funding round on record: Jul 2025.

XPANCEO Funding Rounds

Date
Round
Amount
Series A
$250M
Seed
$40.0M

XPANCEO raised $40.0M in a Seed announced in Oct 2023.

1.8 years later, a Series A of $250M was announced in Jul 2025.

XPANCEO Founders and Leadership Team

Name
Role
Contact
Valentyn Volkov
Founder
Locked
Roman Axelrod
CEO

Contact details for the XPANCEO team: 1 of 2 have an email address on file.

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XPANCEO Funding Compared to Other Hardware Startups

Segment
Companies
Median round
1,454
$10M
8,352
$15M

XPANCEO's latest round of $250M is above the median round in Hardware. Medians cover the last 24 months of disclosed rounds.

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XPANCEO Funding FAQs

What does XPANCEO do?

XPANCEO is an innovative tech firm that is creating advanced computing technology through a smart contact lens. This lens is undetectable and lightweight, providing a natural experience for the user. The lens revolutionizes the way humans interact with technology, transforming how we perceive both the physical and digital realms, such as social media, content consumption, and gaming. By consolidating all of your electronic devices into one, the lens offers an infinite eXtended Reality experience. It also includes features like real-time health monitoring, valuable recommendations, extraordinary abilities like night vision and zoom, as well as state-of-the-art privacy and security measures.

How much funding has XPANCEO raised?

XPANCEO has raised $290M across 2 rounds on record. The most recent is a Series A of $250M announced in Jul 2025.

When did XPANCEO last raise funding?

XPANCEO's most recent funding round on record is a Series A of $250M, announced in Jul 2025.

Who founded XPANCEO?

FundedIQ lists Valentyn Volkov (Founder) at XPANCEO.

Who is the CEO of XPANCEO?

Roman Axelrod is listed as CEO at XPANCEO.

Where is XPANCEO headquartered?

XPANCEO is based in Dubai, United Arab Emirates.

How many employees does XPANCEO have?

XPANCEO is in the 11-50 employee band.

How does XPANCEO's funding compare to other Hardware startups?

XPANCEO's latest round of $250M is above the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.

About FundedIQ's XPANCEO Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for XPANCEO is left off this page rather than filled in.

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