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Brelyon

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Developer of a display used to replace traditional monitors and virtual reality headgear

San Mateo, United StatesFounded 2019Other B2B Software
Valuation $0–100M Latest valuation · 2022
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Brelyon

Brelyon, a spin-off from the Massachusetts Institute of Technology (MIT) founded in 2018, is developing a new class of display technology aimed at providing immersive, headset-free virtual experiences. The company was established by CEO Barmak Heshmat, Alok Mehta, and Reza Khorasaninejad. Heshmat's journey includes a postdoctoral fellowship in photonics at MIT and a role as Head of Optics at Meta Co., experiences that directly inform Brelyon's mission to move beyond conventional flat screens. The company has secured $16.6M in funding from investors including Lockheed Martin Ventures, the MIT-affiliated E14 Fund, LG Technology Ventures, and Corning Incorporated.

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The core of Brelyon's business is the development and sale of virtual displays for enterprise and gaming applications. The company targets sectors such as simulation and training, teleoperations, defense, and finance, where enhanced visualization and situational awareness are critical. Its business model revolves around selling its hardware, the Ultra Reality™ monitors, directly to enterprise clients and through partnerships. The company has already generated over $2 million in sales, primarily from the defense and automotive sectors.

Brelyon's flagship product, the Ultra Reality™ monitor, engineers light to create a large-scale, panoramic virtual screen with optical depth perception, all within the footprint of a standard desktop monitor. This technology leverages computational wavefront engineering and patented light-field technologies to project a virtual screen that can appear as large as 122 inches with a wide field of view, simulating an immersive experience without requiring users to wear a headset. A key differentiator is the use of monocular depth cues, which creates a sense of depth by manipulating how light reaches a single eye, leading to greater comfort and reduced eye strain compared to traditional stereoscopic 3D which can cause headaches. The displays are compatible with existing PC games and software, connecting via standard HDMI or DisplayPort, which simplifies integration for users. Recent advancements include multi-focal technology that allows for the simultaneous visualization of information at different depth layers, a feature being explored in partnership with Lockheed Martin for next-generation pilot training.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
San Mateo, United States
Employees
32
Open positions
2
Dealroom signal
65.7/100
Industry
Enterprise Software, Consumer Electronics
Sector
Other B2B Software, Immersive Technologies, Spinout, DT and LS, science-based
Technology
Hardware, Deep Tech, Virtual Reality
Business model
SaaS
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning Brelyon.

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Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC Sep 2022 $15M $60M Lockheed Martin Global · Franklin Templeton Investments · UDC Ventures · Corning
EARLY VCEquity / VC May 2022 $12M $46M Undisclosed
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020
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Growth signals

Brelyon website traffic

Latest recorded traffic for Brelyon is 3.1K monthly website visits, up 24% over the last three months. Brelyon's team declined 5.9% over the past year.

Latest monthly visits3.1K 3-month web change+24% 1-year team growth-5.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

19 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

  • E14 Fund
  • Propel(x)
  • Monozukuri Ventures
  • One Way Ventures

Series A5 investors entered at this stage

Other known investors10 additional known investors

  • EvoNexus
  • Massachusetts Institute of Technology
  • Calvin Chin
  • Lisheng Wang
  • Lockheed Martin Ventures
  • Realm Capital Ventures
  • Steve Barsh
  • Taiwan Tech Arena
  • Tarek Waked Elneser
  • Type One Ventures
Team profiled 14 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇺🇸 United States63.6%
🇹🇼 Taiwan22.7%
🇦🇪 United Arab Emirates4.5%
🇨🇦 Canada4.5%
🇯🇵 Japan4.5%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Brelyon on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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