AR chip startup raises funds for all-day wearable AR

AR chip startup raises funds for all-day wearable AR

Business news |
By Rich Pell

Wearable human-computer interface company Ixana has announced that it has closed $3 million in seed funding to further develop its breakthrough wearable silicon chip. The proprietary chip, says the company, gives them a unique edge to develop wire-free, augmented reality (AR) with all-day battery life for real-time AI on what you see.

Billions of dollars have been invested in recent years to build AR headsets that are suitable for everyday use, user-friendly, and powerful at the same time. However, technical challenges such as thermal budget and battery drain have prevented the release of an all-day productivity companion capable of real-time AI with always-on camera.

“Ixana is challenging these wearable hardware limitations with a breakthrough silicon chip that makes high-speed human-computer interfaces such as all-day wearable AR possible,” says Shreyas Sen, Ixana’s Chief Technology Officer and a Chair Associate Professor at Purdue University. “Leveraging wire-free distributed computing, our low-power AR headset lasts a full day on a single charge, even with an always-on front-facing camera that can detect what you are seeing, analyze it, and provide feedback in real-time.”

The company’s team comprises 15+ alums of Intel, Qualcomm, Silicon Labs, Texas Instruments, and others, who are currently testing the developer/evaluation hardware that will ship in early 2023. Investors that participated in the funding round include Uncorrelated Ventures, Samsung Next, Evonexus, Paradigm Shift and Hack VC.

The company says it will preview its first chip-based reference hardware at the upcoming Consumer Electronics Show (CES, Booth #61305) in Jan 2023.


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