XPANCEO is a deep tech company that develops an invisible and weightless smart contact lens as the ultimate computing platform for the AI era.

Dubai
Joined May 2023
🚀 XPANCEO is now a unicorn $250M Series A closed. $1.35B valuation. XPANCEO defines the new wave of billion-dollar tech leaders shaping the Middle East. This landmark round, led by Opportunity Venture (Asia), validates what we’ve believed from day one: the world is ready for a radical leap beyond screens. AI. XR. Nanomaterials. Invisible computing. All of this is five years ahead of the curve. Big Tech is still prototyping glasses. We’re already shipping the future. Read more in @business → bloomberg.com/news/articles/… #XPANCEO #Unicorn #FutureOfComputing #AI #XR #SmartContactLens #PostSmartphoneEra #DeepTech
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XPANCEO is in @Founders_Forum’s Dubai Startups to Watch 2026: AI & Robotics report. Our founder Roman Axelrod will also attend an upcoming Founders Forum event.  Keep an eye on us. Founders Forum seems to think you should.  Read the report: ff.co/ai-startups-to-watch-d…
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XPANCEO ranks No. 1 among deep science startups in the UAE in the @WIPO Global Innovation Index 2026. Based on the Dealroom – WIPO Deep Science Startup Tracker, this recognition reflects our progress and motivates us to keep moving toward our next milestones.
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A few years ago, the big question around smart contact lenses was: “Is this even possible?” @CNET recently looked at what we’re building at XPANCEO and asked the next one: what will smart contact lenses actually do, and when could they be ready for everyday use?
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XPANCEO has been named one of 45 brands to watch in the inaugural Contagious Brands Report 2026, joining the AI Pioneers category.  @Contagious is part of LIONS, the organization behind Cannes Lions. We’re proud to see XPANCEO among the standout brands, and even more excited about what comes next.  Read the full report: lnkd.in/gFNSMtPr
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XPANCEO partners with Contamac.    Contamac is a leading manufacturer of ophthalmic materials, with a portfolio that includes materials used in FDA-cleared contact lenses worn every day.  The work focuses on materials and manufacturing: integrating our display inside the lens itself so the surface stays smooth and the finished lens remains comfortable, wearable, and suitable for everyday use.
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Every few weeks, another model arrives with better benchmarks and new capabilities, and it’s easy to assume everything else should now move at the same pace. Science and engineering are benefiting from that speed too. In materials research, AI can now suggest new materials at a scale no human team could manually explore: one recent effort produced 2.2 million candidate crystals, including around 380,000 predicted to be stable. Newer systems are also starting to build basic chemical rules into the process, so fewer proposed materials turn out to be unusable. The next challenge is finding which materials are actually useful for a specific technology. In a study published in ACS Nano, XPANCEO researchers worked with Nobel laureate Konstantin Novoselov, Chair of the company’s Scientific Advisory Board, to screen tens of thousands of computer-predicted atomically thin crystals for materials that bend light most strongly, a key property for guiding light compactly on a chip. The findings point researchers toward the material families worth testing in the lab. That experimental loop is also starting to change: at Rice University, robots will run experiments while an AI assistant learns from every result and helps choose what to test next. The pattern becomes obvious quickly: the digital part can move much faster than the physical one. In software, an idea can become code quickly, then be copied, rewritten, tested, and released as a new version almost immediately. Hardware still has to go through the real world every time: a material has to be synthesized, a component has to be fabricated, a device has to be assembled, and everything has to be tested under real conditions. So it doesn’t make much sense to judge hardware by the same clock as software. Physical experiments take longer, but they also leave something behind: data, manufacturing knowledge, better processes, and a much clearer idea of what is worth trying next. AI can help researchers decide which experiments are worth running and rule out weak directions before they reach the lab. It doesn’t remove the slower physical process, but it can make each step much more useful. Software has trained us to expect almost instant iteration, but deep tech is slower for a simple reason: at some point, you have to make the thing.
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Big congratulations to our Co-Founder and CTO, Valentyn Volkov, on winning the top prize in the Best Scientific Article category at the Palladium Global Science Award. This year, the award received more than 150 applications from researchers across 33 countries, with just five winners selected across all categories. Valentyn was recognized for his work on palladium diselenide and its potential for advanced nanophotonic and optoelectronic applications.
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Elevated intraocular pressure can damage the optic nerve and lead to vision loss, often before a person notices clear symptoms. That is why glaucoma is commonly called the “silent thief of sight.”   Our Smart Contact Lens for Glaucoma Management is designed to shift IOP monitoring from periodic measurements to proactive, continuous observation, using something as simple as a smartphone selfie.
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The goal is to make glaucoma monitoring more frequent and accessible in daily life, rather than relying only on occasional measurements during clinic visits.
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Recent upgrades include support for more iris colors, making the system more robust across varying visual conditions.
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