Fundraising Fox
Avegant
San Mateo, US · Founded 2014 · Delaware corporation · 40 employees on LinkedIn · 9 known investors
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Avegant develops LED light engine technology, including the AG-30L2, for lightweight augmented reality glasses. The company builds compact display components aimed at enabling AR experiences in everyday wearable devices.
Founders & leadership
Avegant was founded in 2014 by Edward Tang and Allan Evans.
ET
Edward TangCEO & FounderHe founded the company in 2012, serving as chief executive, then as chief strategy officer from 2014 before returning to the CEO role in 2018. Earlier, he spent more than a decade as a senior process engineer and later visiting scholar at the University of Michigan, consulted for Stryker Instruments, and ran his own firm, Tang Engineering Consulting, LLC.
AE
Allan EvansFounder and Advisor2017–2018Allan Evans is an executive officer at Avegant, which develops LED light engine technology for augmented reality glasses.
JT
Joerg TewesChief Executive Officer2014–2018Joerg Tewes holds a diploma in computer science from the Technical University of Berlin and brings over 30 years of experience in consumer hardware and software development across database management, video, AR/VR, and mobile devices. His roles have included VP of Engineering at Avid/Pinnacle Systems, leadership positions at Logitech managing business units exceeding $250M in revenue, product leadership for Kindle e-readers and Fire Tablets at Amazon, and currently serves as CEO of Avegant, where he leads development of light field display technology for augmented reality applications.
YB
Yobie BenjaminExecutive
Board
BL
Brian LinBoard director
KI
Kevin IrwinBoard director
AA
HZ
He ZhitaoBoard director
KH
Ken HausmanBoard director
WK
Woo KimBoard director
Investors · 9
500 Globallisted by 500 GlobalPalo Alto · $150K
How we know: prnewswire.com · open dataset · 500 Global portfolio 2026-08 · Not right? Tell us
ID Ventureslisted by ID VenturesDetroit · $50K – $250K
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
LG Technology Ventureslisted by LG Technology VenturesSilicon Valley
How we know: LG Technology Ventures's portfolio page · the VCSheet dataset · Not right? Tell us
Applied VenturesreportedSanta Clara · $500K – $3M
How we know: funding news · digitalsignagetoday.com · Not right? Tell us
China Walden Venture InvestmentsreportedGrand Cayman
How we know: funding news · digitalsignagetoday.com · Not right? Tell us
Intel CapitalreportedSanta Clara · $1M – $20M
How we know: funding news · prnewswire.com · Not right? Tell us
Walden CatalystreportedSan Francisco · $550K
How we know: a partner's Signal profile · Not right? Tell us
Walden SKT VenturereportedGrand Cayman
How we know: funding news · digitalsignagetoday.com · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$85M disclosed across 7 rounds · 2014–2025
▶$14.8MraisedMay 2025 · 3 investors · OtherRule 506(b)
▶$14.8MraisedMay 2025 · 3 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Edward TangExecutive Officer, Director
- Annie RogaskiExecutive Officer
- Brian LinDirector
- Kevin IrwinDirector
- Anshul AgarwalDirector
- Offering amount
- $30M
- Amount sold
- $14.8M
- First sale
- May 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$10.3MraisedSep 2022 · 5 investors · OtherRule 506(b)
▶$10.3MraisedSep 2022 · 5 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Kevin IrwinDirector
- Annie RogaskiExecutive Officer
- Brian LinDirector
- Edward TangExecutive Officer, Director
- Anshul AgarwalDirector
- Neil WelchExecutive Officer
- Offering amount
- $20M
- Amount sold
- $10.3M
- First sale
- Sep 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$6MraisedJul 2020 · 7 investors · OtherRule 506(b)
▶$6MraisedJul 2020 · 7 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Neil WelchExecutive Officer
- Edward TangExecutive Officer, Director
- Kevin IrwinExecutive Officer, Director
- Brian LinDirector
- Annie RogaskiExecutive Officer
- Offering amount
- $6M
- Amount sold
- $6M
- First sale
- Dec 2019
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$11.9MraisedJun 2018 · 25 investors · OtherRule 506(b)
▶$11.9MraisedJun 2018 · 25 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Brian LinDirector
- Kevin IrwinDirector
- Edward TangExecutive Officer, Director
- Offering amount
- $12M
- Amount sold
- $11.9M
- First sale
- Mar 2018
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
▶$13.7MraisedApr 2017 · 4 investors · Other TechnologyRule 506(b)
▶$13.7MraisedApr 2017 · 4 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Brian LinDirector
- Ken HausmanDirector
- Annie RogaskiExecutive Officer
- Edward TangExecutive Officer, Director
- Joerg TewesExecutive Officer, Director
- Neil WelchExecutive Officer
- Chen LiDirector
- Offering amount
- $15.4M
- Amount sold
- $13.7M
- First sale
- Nov 2016
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
▶$23.9MraisedAug 2015 · 5 investors · Other TechnologyRule 506(b)
▶$23.9MraisedAug 2015 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Joerg TewesExecutive Officer, Director
- Allan EvansExecutive Officer
- He ZhitaoDirector
- Richard KerrisDirector
- Ken HausmanDirector
- Edward TangExecutive Officer
- Neil WelchExecutive Officer
- Jeff HastingsDirector
- Offering amount
- $24.3M
- Amount sold
- $23.9M
- First sale
- Aug 2015
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
▶$4.4MraisedNov 2014 · 36 investors · Other TechnologyRule 506(b)
▶$4.4MraisedNov 2014 · 36 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Yobie BenjaminExecutive Officer
- Neil WelchExecutive Officer
- Woo KimDirector
- Ken HausmanDirector
- Michael D KailDirector
- Edward TangExecutive Officer
- Joerg TewesExecutive Officer, Director
- Allan EvansExecutive Officer
- Jeff HastingsDirector
- Offering amount
- $5.3M
- Amount sold
- $4.4M
- First sale
- Nov 2014
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through Avegant went on to found or lead other companies.
Related companies · 3
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In the news
Frequently asked questions
- What does Avegant do?
- Avegant develops LED light engine technology, including the AG-30L2, for lightweight augmented reality glasses. The company builds compact display components aimed at enabling AR experiences in everyday wearable devices.
- Who founded Avegant?
- Avegant was founded by Edward Tang, Allan Evans in 2014.
- Who are Avegant's investors?
- Avegant's investors include 500 Global, ID Ventures, LG Technology Ventures, Applied Ventures, China Walden Venture Investments, DN Capital, Intel Capital, Walden Catalyst and 1 more.
- How much funding has Avegant raised?
- Avegant has disclosed $85M raised across 7 rounds.
- Where is Avegant headquartered?
- Avegant is headquartered in San Mateo, US.