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Distance

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Developer of glasses-free extended reality (XR) technology designed for the automotive, aerospace, and defense markets

Helsinki, FinlandFounded 2024Consumer Electronics

Valuation $25–50M Last recorded · 2024

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Distance

Distance Technologies is at the forefront of developing glasses-free mixed reality solutions, fundamentally transforming how individuals perceive and interact with their surroundings. The company primarily serves clients in the automotive and aerospace sectors, but its innovative technology has the potential to extend beyond these industries. Operating in the rapidly evolving market of extended reality (XR) and visual artificial intelligence (AI), Distance Technologies aims to bridge the gap between the digital and physical worlds without the need for headsets or glasses.

The business model of Distance Technologies revolves around providing cutting-edge XR solutions that enhance user experience and operational efficiency for its clients. By leveraging advanced visual AI, the company creates immersive environments that can be seamlessly integrated into various applications, from automotive displays to aerospace navigation systems. Revenue is generated through the sale of these proprietary XR solutions, as well as through strategic partnerships and collaborations with industry leaders.

Distance Technologies' commitment to innovation is evident in its rapid growth and the strong backing it has received from investors who believe in its vision of a future where digital and physical realities blend seamlessly. The company's pioneering approach and experienced team position it as a leader in the next generation of computing technologies.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2024
Headquarters: Helsinki, Finland
Employees: 51
Open positions: 7
Dealroom signal: 84.4/100
Sector: Consumer Electronics, Core AI, Industrial Technology, Future of Computing, AR Hardware, Dual-Use Tech, AI Applications
Technology: Artificial Intelligence, Hardware, 3D Technology, Deep Tech, Augmented Reality, Virtual Reality
Business model: Manufacturing
Client focus: b2b
Links: Website LinkedIn

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
EARLY VC✓Equity / VC	Sep 2026	$0	—	HELLA Ventures	↗
EARLY VC✓Equity / VC	Sep 2024	$11M	$44M	Maki.vc · FOV Ventures · GV	↗

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Financials

Revenue, earnings and profit over time

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

Year	Profit	Margin
2026		—
2025		—
2024		—

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Growth signals

Distance website traffic

Latest recorded traffic for Distance is 2.3K monthly website visits, down 14.8% over the last three months. Distance's team grew 15.9% over the past year.

Latest monthly visits2.3K 3-month web change-14.8% 1-year team growth+15.9%

Monthly website visitsJun 2024–Jul 2026

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Open positions

Openings linked to this company in Dealroom

Product Integration Engineer, DefenceBath, United Kingdom, Northern Europe, Europe · Other · Sep 5, 2026 Head of Program Management OfficeHelsinki, Finland, Northern Europe, Europe · Project Management · Sep 5, 2026 (Senior) FPGA EngineerHelsinki, Finland, Northern Europe, Europe · Other · Aug 22, 2026 Field Sales Engineer, DefenceHelsinki, Finland, Northern Europe, Europe · Sales · Aug 22, 2026 QA LeadHelsinki, Finland, Northern Europe, Europe · Accounting · Aug 22, 2026 Senior Software Engineer, XR RuntimeHelsinki, Finland, Northern Europe, Europe · Backend Development · Aug 22, 2026 Head of People & CultureHelsinki, Finland, Northern Europe, Europe · Marketing & Communication · Aug 22, 2026

7 distinct openings shownExplore hiring signals →

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