Fundraising Fox

Avegant

San Mateo, US · Founded 2014 · Delaware corporation · 7 known investors

avegant.com ↗

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.

Deep TechHardwareMedia & EntertainmentSemiconductors

Founders & leadership

Avegant was founded in 2014 by Edward Tang and Allan Evans.

ETEdward Tang
Edward TanginCEO & Founder
AE
Allan EvansCo-founder
AR
Annie RogaskiExecutive
JT
Joerg TewesExecutive
NW
Neil WelchExecutive
YB
Yobie BenjaminNamed on SEC filing
WK
Woo KimNamed on SEC filing
MD
Michael D KailNamed on SEC filing

Board

BL
Brian LinBoard director
KI
Kevin IrwinBoard director
AAAnshul Agarwal
Anshul AgarwalinInvestor and Board memberPartner at LG Technology Ventures
HZ
He ZhitaoBoard director

Investors · 7

500 GlobalSan Francisco · $150K
ID VenturesDetroit · $50K – $250K
LG Technology VenturesSanta Clara
Applied VenturesreportedSanta Clara · $500K – $3M
China Walden Venture InvestmentsreportedGrand Cayman
Intel CapitalreportedSanta Clara · $1M – $20M
Walden SKT VenturereportedGrand Cayman

Reported raises · per SEC filings

Form D private placements

$85M disclosed across 7 rounds · 2014–2025

▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 4

by search overlap
DigiLends5 shared keywordsDigiLens designs and manufactures optical waveguide solutions and holographic photopolymer materials for smartglasses and augmented reality (AR) headworn devices. It develops display optics for the next generation of mobile computing hardware, targeting device makers across industries.
UVify4 shared keywordsUVify builds drones for aerial light shows and swarm robotics research, including the IFO swarm light show drone and the IFO-S research platform. Its products serve entertainment/aerial display uses and academic or industrial robotics swarm research.
(TIME)4 shared keywordsTIME is a global media brand, launched in 1923 as the first weekly news magazine, that publishes journalism across a website, print magazine, social channels, live events, and branded content. It also operates divisions and platforms spanning film and television, climate action, e-commerce recommendations, and NFTs, reaching an audience of over 100 million worldwide.
Re:Build4 shared keywordsRe:Build Manufacturing operates a network of specialized manufacturing facilities across the United States, providing design, engineering, prototyping, and production services for embedded systems, composites, chemical processes, and medical consumables. The company supports product development at scale with over 1,200 technical experts and advanced manufacturing capacity.

Companies competing with Avegant for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

AR startup Avegant raises $12 million in funding round | Digital Signage Todaydigitalsignagetoday.com · Sep 2018Avegant Corp.Closes $12 Million Round of Fundingmartechseries.com · Aug 2018Avegant Closes Extended Series A Round of Funding Led by Intel Capital and NHN Investmentprnewswire.com · Nov 2014Avegant raises $1.9M in investment, $1.5M in crowdfunding – Concentrateconcentratemedia.com · Apr 2014Former Citigroup CTO raises $1M for hardware startup Avegant on Kickstartervcpost.com · Feb 2014

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, Intel Capital, Walden SKT Venture.
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.