Azalea Vision, a venture-capital-backed startup and spin-off from Imec and Ghent University, is creating a medical device with an active light management system inside a contact lens. People suffering from ocular disorders (aniridia, coloboma, ocular albinism, etc.) or neuro-ophthalmic conditions (chronic migraine, etc.) will directly benefit from Azalea Vision’s smart contact lens.
Alma. That’s Spanish for Soul, and it’s how we would like to sum up our mission. ALMA also means Active Light Management, the solution we are developing to improve the quality of life of people with iris disorders and high light sensitivity.
Alma. That’s Spanish for Soul, and it’s how we would like to sum up our mission. ALMA also means Active Light Management, the solution we are developing to improve the quality of life of people with iris disorders and high light sensitivity.
Location: Belgium
Employees: 11-50
Total raised: $18.77M
Founded date: 2020
Investors 3
| Date | Name | Website |
| - | imec.xpand | imecxpand.... |
| 10.07.2026 | SPRIM Glob... | sprim.net |
| 08.07.2021 | Elaia Part... | elaia.com |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 02.07.2026 | - | $8.55M | European I... |
| 01.05.2025 | Series A | $10.22M | - |
Mentions in press and media 13
| Date | Title | Description |
| 12.08.2026 | Azalea Vision Appoints Co-Founder Andrés Vasquez Quintero as Chief Executive Officer to Lead Next Phase of Clinical Development | Azalea Vision, a Belgian healthtech company, today announced that co-founder and CTO Andrés Vasquez Quintero will become Chief Executive Officer, effective immediately, while continuing as CTO. The transition marks the company’s next phase,... |
| 08.07.2026 | TwelveLabs Secures $100M Series B: Pioneering Video Superintelligence | TwelveLabs secured $100M Series B funding. This investment propels their "video superintelligence" mission. The company builds a full-stack agentic intelligence system. It combines perception, knowledge, and reasoning for video. F... |
| 08.07.2026 | Smart Contact Lens Pioneer Secures Major EU Funding for Clinical Push | Azalea Vision, a Belgian healthtech innovator, has secured up to €7.5 million in EIC Accelerator funding. This significant investment will drive its pioneering medical-grade smart contact lens platform into crucial clinical development. The... |
| 02.07.2026 | Azalea Vision Awarded Up To €7.5 Million In EIC Accelerator Funding | Azalea Vision announced that it has been selected for the European Innovation Council Accelerator. The funding will help advance Azalea’s medical-grade smart contact lens platform into clinical development. Azalea Vision is a Belgian health... |
| 01.07.2026 | TwelveLabs Raises $100M in Series B Funding | TwelveLabs, a San Francisco, CA-based video intelligence company, raised $100m in Series B funding. The round was co-led by NEA and NAVER Ventures with participation from Amazon, Radical Ventures, Korea Investment Partners, Index Ventures, ... |
| 01.07.2026 | Azalea Vision Awarded Prestigious EIC Accelerator Funding to Advance Smart Contact Lens into Clinical Development | Azalea Vision, a Belgian healthtech company building the first medical-grade smart contact lens, today announced it has been selected for the European Innovation Council (EIC) Accelerator, the European Union’s flagship program for breakthro... |
| 01.05.2025 | Azalea: €9 Million Series A Raised For Intelligent Connected Vision Platform | Azalea Vision, a health technology company engineering the future of sight, announced the first closing of its €15 million Series A funding round. The company raised €9 million and appointed Robert J. Dempsey Chairman of the Board to guide ... |
| 30.04.2025 | Azalea Vision Raises €9 Million in First Closing of Series A to Further Develop Intelligent Connected Vision Platform | - |
| 29.04.2025 | Azalea Vision's €9 Million Boost: A New Dawn for Ocular Health | In the world of healthcare, innovation is the lifeblood that fuels progress. Azalea Vision, a rising star in ocular health, has just secured a significant €9 million in its Series A funding round. This investment is not just a financial boo... |
| 29.04.2025 | Azalea Vision Raises €9 Million in First Closing of Series A to Further Develop Intelligent Connected Vision Platform | Industry veteran Robert J. Dempsey Appointed Chairman of the Board to Guide Strategic Growth in Europe and the U.S. Related Posts New Global Research Reveals Key Observability Trends and Challenges for AI Innovation Apr 29, 2025 Flexential ... |
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