Aggregate Commitments $
SeedInvest
04/21/2021
06/30/2021
$750,000
$15,000,000
$999
Equity – Preferred
RegA+
$54,269,000
Rolling Commitments $
Active
04/21/2021
69
143%
7%
$1,074,180
Bellevue, Washington
Media, Entertainment & Publishing
Hardwaretech
Innovega, with a pre-money valuation of $54.2 million, is raising funds on SeedInvest through Reg A+ crowdfunding. The company makes and sells smart contact lenses and glasses that deliver high-quality AR/VR experiences. The experience is provided through eMascula, the wearable display system of Innovega. Stephen Willey and Jerome Legerton founded Innovega in 2008 and raised over $11 million in previous rounds of financing. The proceeds of the current crowdfunding raise, with a minimum target of $750,000 and a maximum target of $15,000,000, will be used towards corporate payroll, clinical expenses, engineering expenses, administration expenses, and facilities and equipment. Innovega has 14 issued US patents and 13 pending patents. The product of Innovega has completed pre-clinical testing, and clinical trials are underway.
Summary of Crowdfunding Raises
| 06/30/2021 | SeedInvest | $54,269,000 | $1,074,180 | Equity – Preferred | Active | RegA+ |
| 04/21/2021 | SeedInvest | $54,269,000 | $1,009,902 | Equity – Preferred | Confirmed Closed | Test the Waters |
