Innovega Inc.

Changing the way we see the world

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Security Type
Preferred Stock
Categories
Technology
Min Investment
$348
Expected Close Date
March 17, 2023
Target Raise
348-$9.39M
No. Investors
517
Security Price
$3
Valuation
$54,300,000
Website
emacula.io

Company Description

Innovega is developing a new generation of wearable interface for AR/VR and Metaverse applications. Unlike competing products, Innovega believes they will be able to deliver the highest quality display experiences from lightweight, stylish eyewear.

Management Team / Advisory Board Bios

Jay Marsh, MSc.ME



SVP Engineering and Eye Wear Development


Mr. Marsh has more than 25 years of product development experience for unprecedented systems in a multitude of industries including automotive, laser-based instrumentation, combustion physics research, contact lenses, and consumer electronics. Jay has a strong ability to function at all levels of the organization including parts manufacturing and assembly, chief engineer, and executive engineering leadership. While his formal education is mechanical engineering, he has gained deep exposure to a broad number of disciplines including electronics, optics, and software that provide strong leadership of the multidisciplinary teams that he builds for solving very hard problems. Jay is an inventor on 31 of Innovega’s 56 US and International patent cases.












William Meyers, Ph.D



VP Materials and Lens Development


Dr. Meyers began his career in the eyecare industry with Syntex Ophthalmics as Director, Researchand Development in 1983. He then served as Vice President,
Research and Development, for Pilkington Barnes Hind for eight years and was responsible for multiple successfully commercialized contact lens products. After the successful sale of the company, he served as Vice President, Science and Technology for Paragon Vision Sciences, acquired by CooperVison. Six of his 39 issued US patents protect the global market leading product Paragon CRT®, the first FDA approved device for overnight reduction in myopia.
Dr. Meyers received the award for Outstanding Achievement in the Field of Orthokeratology at the Vision by Design 2012 Conference.












Shane Kim



Board Member - Video Game Industry


Shane Kim is a Director of Innovega and has served in this capacity since 2017. As a strategic and operational leader in the interactive entertainment industry, Mr. Kim spent the majority of his 20-year career at Microsoft in its Xbox business, including leading Microsoft Game Studios, the publisher of leading industry franchises such as Halo and Age of Empires. From 2011 to 2019, Mr. Kim was a member of the board directors of GameStop, the world’s leading videogame and entertainment software retailer, and served as Interim Chief Executive Officer for 10 months during 2018 and 2019. Mr. Kim received Bachelor of Arts degrees in Economics and International Relations from Stanford University and a Master’s Degree in Business Administration from Harvard Business School.












Jeff Bradley



Board Member - Mobile Device Expert


Jeff Bradley is a Director of Innovega, and has served in this capacity since November 8, 2020. Mr. Bradley is currently a strategic advisor to other companies including Globys, Inc. as well as serving as a Board Director for the United Way of King County. Mr. Bradley retired from AT&T in June 2019 after 17 years of service. During the majority of his AT&T career, Mr. Bradley had responsibility for its smart device portfolio, network services marketing, and 3rd party developer program. This experience resulted in broad relationships across the technology ecosystem. Mr. Bradley ended his career with responsibility for AT&T’s west region retail sales and distribution which included over 1000 stores and 6000 employees. Mr. Bradley earned his BA in Economics from Stanford University in 1986.
Amount Raised : $578,763
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Security Description

Preferred securities are a type of investment that generally offers some sort of preferred treatment through a dividend or preferred treatment in a liquidation.

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