Member Spotlight: Imvizar expecting to raise €5 million in its next funding round

Enterprise Ireland has reported that Eirmersive member Imvizar - a Dublin-based Augmented Reality company - expects to raise €5 million in its next funding round, scheduled for 2026.

“Founded in 2021 by Michael Guerin and Adele Keane, Imvizar currently employs 15 staff members and has raised a total of €2 million in funding to date”

This news was first reported in a Business Post feature, where co-founder Michael Guerin noted, “The big shift in the last year has been that we want to help people create experiences themselves. We’ve built a sort of Canva for AR, called Lureo. It’s in beta mode at the moment, being tested by a number of people.”

“The big focus now for Guerin is moving into the smart glasses space, developing Lureo as a platform for more people to create AR experiences. By the end of next year, I hope and expect to be able to say there are thousands of people creating experiences for augmented reality glasses, most likely with Meta and Snap’s devices. That whole world of non-technical creators is our focus.”

Additional good news from Imvizar is that they’ve been listed in Ireland’s “Hot 100 Startups”. Read the full Business Post article here. Part of the ‘Making it Work’ series, it was produced in partnership with Enterprise Ireland.

Screenshot from the Business Post website.