Funding

Phosio Raises $4M in Seed Funding Led by MESH

Jun 3, 2026 | By Startuprise io

Phosio, a Corvallis, OR-based provider of high-refractive-index metal oxides, has raised $4 million in a Seed funding round led by MESH.

The round also saw participation from Sierra Ventures, TEL Venture Capital, Silicon Catalyst Venture, Willamette Valley Capital, and Silicon Catalyst Angels.

The company plans to use the funding to speed up the commercialization of its thin-film materials technology for next-generation AR and AI-powered smart glasses.

As AI moves beyond smartphones and into wearable devices, many companies are developing lightweight smart glasses designed for everyday use. However, current AR and AI glasses often rely on expensive, bulky display systems that consume significant power and are difficult to manufacture at scale.

Phosio is solving this challenge with its thin-film materials platform, which integrates display technology directly into lightweight eyewear. By reducing cost, size and power requirements, the technology make's smart glasses more practical and accessible for everyday consumers.

Phosio brings together expertise in materials science, optics, and semiconductor manufacturing. The company was founded by Omid Sadeghi, Cory Perkins, and materials scientist Douglas Keszler.

Its team also includes former leaders from Meta and early employees of Inpria, a semiconductor materials company that was acquired in a deal valued at about $600 million. Their experience helps Phosio develop advanced materials and bring them into large-scale manufacturing.

Douglas Keszler, co-founder of Phosio, added: “While the current market relies on complex and costly lens manufacturing processes, the Phosio platform targets a scalable solution that makes possible all day wearable glasses at a consumer friendly price point. We’re thrilled to welcome our new investors as we accelerate commercialization and expand engagement with partners across the semiconductor and consumer electronics ecosystems.”

Read More:Contraline Raises $92.5M in Series B Funding

“This funding allows us to move from proof of concept to commercial reality,” said Omid Sadeghi, CEO, and co founder of Phosio. “Our goal is to make AI-enabled eyewear accessible to everyday consumers. We’re excited to partner with investors who bring deep expertise in AR/AI, semiconductors, commercialization and advanced manufacturing.”

About Phosio

Founded in 2018, by Omid Sadeghi, and Cory Perkins, Phosio develops advanced materials for augmented reality glasses. It's proprietary thin-film technology integrates high performance displays into lightweight eyewear, helping make AR glasses more comfortable, practical and affordable for everyday use.

Read More:Plot Raises $10M in Seed Funding Led by XYZ Venture Capital

Recommended Stories for You