ENGO raises €5.1m to lead the market for lightweight smart eyewear for athletes

ENGO, the Grenoble-based pioneer of ultra-lightweight heads-up display eyewear for athletes, today announced a €5.1 million seed financing round led by Ventech, Odyssée Venture and Bpifrance Amorçage Industriel. Blueprint Partners supported ENGO from its creation through to the closing of the round.

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ENGO designs smart eyewear for runners, triathletes, cyclists and endurance athletes. Unlike the connected frames offered by large US players, which have no built-in display, ENGO's glasses integrate an augmented reality Micro-OLED display. It projects performance data into the athlete's field of view in real time, so they never have to look away. The frame weighs under 40 grams and offers up to 20 hours of battery life. The glasses are designed and assembled in France.

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The funds will support two priorities:

• ‍Commercial and industrial scale-up: ENGO will strengthen its position in the global sports smart eyewear market, develop partnerships across the sports ecosystem and expand internationally. It plans to hire around 20 people in France across marketing, business development, optical and mechanical engineering, and software and data.
• ‍R&D: ENGO will invest further in ultra-miniaturised displays, new features and continued weight reduction.

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