The vision for the Mojo Lens assembly.
The vision for the Mojo Lens assembly back in 2020.
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Mojo Vision raises $22.4M as it pivots into micro-LEDs

  • Posted byby Dean Takahashi
  • Updated
  • 6 min

Mojo Vision has raised $22.4 million as it pivots from a very compelling dream to a more practical product with broad potential and slimmed-down ambitions.

The funding comes as Mojo Vision appointed new CEO Nikhil Balram and after the company laid off about 75% of its staff back in January. Previously, the company focused on making an augmented reality device built into a contact lens. It built a prototype of that lens, powered by the world’s smallest display using micro-LED technology. But in the midst of the pandemic, it couldn’t raise enough money to bring that product — complete with a software and hardware stack — to the market.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.