Tesi has invested €33 million in IXI to support the development of the world's first automatically adaptive eyeglasses that blend sophisticated design with advanced optical technology.

Information on the Target

Suomalainen IXI has recently announced a €33 million investment round, marking a significant milestone in the company's growth trajectory. The funding round was led by London-based private equity firm Plural, alongside participants such as Tesi, Heartcore, FOV Ventures, byFounders, Eurazeo, and Tiny Supercomputer. IXI is pioneering the development of the world's first automatically adaptive eyeglasses that combine sleek design with cutting-edge optical technology.

IXI's innovative technological solutions are set to enhance user comfort compared to traditional eyeglasses, addressing a longstanding gap in the eyewear market. The company's commitment to innovation positions it as a trailblazer in merging technology with everyday objects, especially considering the limited technological advancements in eyewear over the centuries.

Industry Overview in the Target’s Specific Country

The eyewear industry in Finland, while traditionally conservative, is currently experiencing a wave of innovation driven by technological advancements and changing consum