
Sightful
Worlds First Augmented Reality Laptop.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor investor investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
* | $33.0m | Late VC | |
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 213 % | 62 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Sightful, an Israeli startup established in 2020 by Tamir Berliner and Tomer Kahan, is pioneering a new category of augmented reality (AR) consumer electronics. The company's flagship product, Spacetop, is marketed as the world's first AR laptop. It functions without a physical screen, instead projecting a 100-inch virtual display that is visible only to the user through custom NReal glasses. This design addresses common issues of privacy and space limitations associated with traditional laptops, allowing users to work in a large, private, and portable workspace.
The founders, CEO Tamir Berliner and COO Tomer Kahan, bring a wealth of experience from the spatial computing sector. Both are alumni of prominent technology companies, including Magic Leap, where they held significant roles. Berliner, with a background from PrimeSense—the company behind the original Microsoft Kinect technology, which was later acquired by Apple—has a history of working on foundational hardware and software for spatial computing. Kahan also has extensive experience in product and strategic leadership roles within the tech industry. Their collective expertise in AR and human-computer interaction directly informs Sightful's product development and strategic direction.
Sightful's business model centers on the direct sale of the Spacetop hardware. The company launched an early access program in May 2023, offering the initial batch of devices to a select group of users for $2,000. This strategy allows the firm to gather feedback and refine the product before a wider commercial release. The target market consists of professionals and remote workers who require large, multi-monitor setups and value privacy, particularly those who frequently work in public spaces. By replacing bulky physical monitors with a virtual equivalent, Spacetop offers a distinct solution for productivity-focused individuals.
Operationally, Sightful has secured significant financial backing to support its research, development, and market entry. The company has raised a total of $61 million in seed funding from investors including Insight Partners, Aleph, and Corner Ventures. This capital infusion is crucial for scaling production and expanding the team, which is composed of veterans from Apple, Microsoft, and Magic Leap. The Spacetop G1, the first consumer version, was announced in June 2024 with shipments expected in October 2024, signaling the company's transition from early access to a full commercial launch.
Keywords: augmented reality laptop, spatial computing, screenless display, virtual workspace, productivity tool, consumer electronics, hardware, remote work, NReal, personal computing