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Azalea Vision - About the company

Azalea Vision is a series A company based in Ghent (Belgium), founded in 2018 by . It operates as a Developer of technology for people with high light sensitivity and ocular disorders. Azalea Vision has raised $19.7M in funding from imec.xpand. The company has 44 active competitors, including 11 funded and 7 that have exited. Its top competitors include companies like ³¢²¹³¦±ô²¹°ùé±ð, SynergEyes and Pixieray.

Company Details

Developer of technology for people with high light sensitivity and ocular disorders. The company has developed an active light management system, embedded inside a contact lens. It helps in the treatment of iris deficiencies, high order aberrations, light sensitivity, and photophobia.
Website
Email ID
@azaleavision.com
Key Metrics
Founded Year
2018
Location
Ghent, Belgium
Stage
Series A
Total Funding
in 3 rounds
Latest Funding Round
Investors
Ranked
1st among
Employee Count
as on Dec 31, 2022
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Azalea Vision's funding and investors

Azalea Vision has raised a total funding of $19.7M over 3 rounds. Its first funding round was on Jul 08, 2021. Its latest funding round was a Series A round on Apr 29, 2025 for €9²Ñ. 2 investors participated in its latest round, which includes Elaia, VLAIO, Afrimobility and imec.xpand.

Azalea Vision has 5 institutional investors including imec.xpand, Elaia and VLAIO.

Here is the list of recent funding rounds of Azalea Vision:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Apr 29, 2025
€9²Ñ
Series A
8331960
7016910
Jul 08, 2021
$2.13M
Grant (prize money)
5910761
5447851
Jul 08, 2021
$9.45M
Series A
3171078
2870529
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Azalea Vision's founders and board of directors

The founders of Azalea Vision is .
Here are the details of Azalea Vision's key team members:
  • : Co-Founder of Azalea Vision.
    Contact Info:
View details of

Azalea Vision's employee count trend

Azalea Vision has 7 employees as of Dec 22. The total employee count is 133.0% more than what it was in Dec 21. Here is Azalea Vision's employee count trend over the years:
Employee count trend for Azalea Vision
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Azalea Vision's Competitors and alternates

Top competitors of Azalea Vision include ³¢²¹³¦±ô²¹°ùé±ð, SynergEyes and Pixieray. Here is the list of Top 10 competitors of Azalea Vision, ranked by ÃØÃÜÑо¿Ëù score:
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Azalea Vision
2018, Ghent (Belgium), Series A
Developer of technology for people with high light sensitivity and ocular disorders
$19.7M
Elaia, VLAIOÌý&²¹³¾±è;Ìý
52/100
2nd
Developer of an eye-wear solution for presbyopia correction
$5.86M
Bpifrance, KreaxiÌý&²¹³¾±è;Ìý
46/100
3rd
Logo for SynergEyes
SynergEyes
2001, Carlsbad (United States), Acquired
Hybrid contact lense manufacturers
$48.4M
Oxford Finance, Alloy VenturesÌý&²¹³¾±è;Ìý
45/100
4th
Logo for Pixieray
Pixieray
2021, Espoo (Finland), Series A
Developer of technology for optical eyeglasses
$4.4M
Alexa Fund, Heartcore CapitalÌý&²¹³¾±è;Ìý
40/100
5th
Logo for Neurolens
Neurolens
2008, Coppell (United States), Series C
Provider of prescription lenses and solution for problems related to Digital Vision Syndrome
$82.2M
Tullis Health Investors, MVMÌý&²¹³¾±è;Ìý
37/100
6th
Logo for ABH Optics
ABH Optics
2022, Copenhagen (Denmark), Seed
Developer of lightweight eyeglass lenses
$1.09M
34/100
7th
Logo for Nexis Vision
Nexis Vision
2005, Menlo Park (United States), Series C
Ocular lens and ocular surface technology solutions for ophthalmic devices
$33.2M
Versant Ventures, Split Rock PartnersÌý&²¹³¾±è;Ìý
34/100
8th
Logo for Ocutec
Ocutec
2001, Bellshill (United Kingdom), Seed
Developer of Polyethylene Glycol (PEG)-based ocular lens
$4.69M
, Ìý&²¹³¾±è;Ìý
34/100
9th
Logo for Paragon Vision Sciences
Paragon Vision Sciences
1976, Gilbert (United States), Acquired
Provider of eye care products like corneal reshaping products, contact lenses & others
-
33/100
10th
Logo for Euclid
Euclid
1995, Sterling (United States), Early Stage
Standalone eye care clinic
$1.54M
30/100
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Azalea Vision's Investments and acquisitions

Azalea Vision has made no investments or acquisitions yet.

Reports related to Azalea Vision

Here is the latest report on Azalea Vision's sector:
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News related to Azalea Vision

Media has covered Azalea Vision for 1 event in last 1 year.
•
Yahoo Japan•May 02, 2025•Azalea Vision
•
Healio•Dec 08, 2023•Azalea Vision
•
eenewseurope.com•Aug 25, 2021•Azalea Vision, VLAIO, imec.xpand, Elaia
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