Machine tools supplier Trumpf has put funding behind Eyewear Tech to commercialise an eye tracking platform based on Idiap Research Institute and EPFL technology.

Eyeware Tech, a Switzerland-based eye tracking software spinout of Idiap Research Institute and École polytechnique fédérale de Lausanne, attracted Sfr1.9m ($1.9m) in a seed round led by public-private partnership High-Tech Gründerfonds yesterday.
Trumpf Venture, the corporate venturing arm of machine tools supplier Trumpf, took part in the round along with state-owned bank Zurich Kantonalbank and Swiss Startup Group, the investment subsidiary of Swiss Startup Factory.
Founded in 2016, Eyeware Tech develops 3D eye-tracking software for depth-sensing cameras that exploits computer vision technology to follow the user’s gaze in three dimensions without the need for glasses.
The spinout has collaborated with industrial firms to devise applications including a robotic arm and a technology which gauges the level of engagement from automobile drivers and viewers of infotainment programs.
The series B funding will be invested in completing Eyeware’s kit for software developers, which will initially facilitate consumer-focused applications…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.

Not sure if you have a subscription?