Almer Technologies secures CHF 4.5 million seed II funding round to drive AR technology development and market expansion

28.06.2023 09:02, Rita Longobardi

Almer Technologies, a pioneering developer of Augmented Reality (AR) glasses for industrial applications, has successfully completed its seed II funding round, raising CHF 4.5 million. The funding will be instrumental in advancing the development and production of their next-generation AR glasses, the Almer Arc 2, and facilitating the company's expansion into new markets.

Building on the momentum of its recent successful seed II funding round, Almer Technologies has enjoyed a year of significant growth and evolution, with substantial milestones to its credit. The company's AR glasses have undergone extensive design improvements. A transition from a conventional nose-and-ear-based frame to a more ergonomic head-mounted design allows all-day wear. Also, the camera repositioned to the center gives remote experts a firsthand view, significantly enhancing the troubleshooting process.

In these transformative years, Almer also won Venture Kick Stage 3, was ranked in the TOP 100 Swiss Startups, won the Swisscom start-up challenge, successfully produced 200 units of the first Arc, and generated over CHF 100.000 in pilot customer revenue.

The new funding, sourced from strong industry partners and existing investors who reaffirmed their faith in Almer's vision by reinvesting, is set to be used to finalize the development and production of the second generation of Almer's AR glasses, the Arc 2. The updated model promises significant improvements in critical hardware components such as the camera, display, speakers and battery. Sebastian Beetschen, CEO and Co-Founder of Almer said, "We've successfully created a groundbreaking product in a remarkably short period. This seed II funding enables us to refine the Almer Arc even more and significantly expand our production to meet the accelerating demand".



"The Venture Leaders program was for Almer significantly more useful than having just a booth at the fair. Thanks to the venture leaders program and the exchange with the other selected startup, I was able to get a crucial negotiation with a key supplier done, acquire numerous high-value leads and expand my network with interesting investors," said Sebastian Beetschen.

Almer Technologies won Venture Kick Stage 3 in 2022, was ranked among the TOP 100 Swiss Startups in 2022, and participated in Venture Leaders Mobile 2023.


Almer Technologies' team