eyeo, a company based in Eindhoven, Netherlands, announced today that it has raised €40 million in Series A funding, bringing its total funding to €55 million. The round is led by Innovation Industries, with participation from existing investors imec.xpand, Invest-NL Deep Tech Fund, QBIC fund, High-Tech Gründerfonds (HTGF) and Brabant Development Agency (BOM). The funding will be used to bring eyeo's nanophotonic color-splitting technology to market, targeting a $30 billion imaging market.
eyeo's technology addresses a fundamental flaw in current image sensors: traditional color filters block approximately 70% of incoming light, leaving cameras effectively blind to the majority of available light. Instead of filtering photons, eyeo's nanophotonic approach guides light directly to individual pixels, allowing sensors to capture all incoming light. This results in three times more light sensitivity and native color fidelity in any lighting condition. The technology is compatible with any CMOS sensor platform and enables sub-0.5-micron pixels for ultra-compact, high-performance imaging.
The company has spent seven years developing and proving its nanophotonic science, and this funding will accelerate the transition to production-ready sensors. Applications include smartphones, extended reality (XR) devices, and smart city infrastructure, where improved low-light performance and color accuracy are critical. According to eyeo, the imaging market is valued at $30 billion, and its technology could significantly enhance the capabilities of existing and future imaging systems.
Innovation Industries, the lead investor, expressed confidence in eyeo's potential to disrupt the imaging industry. The company's existing investors, including imec.xpand, have also continued their support. eyeo is headquartered at High Tech Campus Eindhoven with a sensor design center in Antwerp, Belgium. For more information, visit the full announcement at eyeo.tech.
