Magik Eye

About Magik Eye

Magik Eye, established in 2014 and headquartered in Stamford, Connecticut, develops advanced 3D depth-sensing solutions. The company was founded by Takeo Miyazawa, a scientific entrepreneur and computer vision expert with a history of venture startups, including Cognitens, which was acquired by Hexagon. Miyazawa's background also includes founding companies like Gentech and Kizna, and he holds a degree in Psychology from Sophia University, Tokyo.

The company's core product is its patented Invertible Light™ Technology (ILT). This technology represents a significant departure from traditional 3D sensing methods like Structured Light or Time of Flight. Instead of projecting complex random patterns, ILT uses a regular dot pattern from a simple projector, which is then captured by a standard CMOS image sensor. A proprietary algorithm then computes the 3D depth data with high speed and low power consumption, enabling the creation of smaller, faster, and more power-efficient 3D sensing solutions. This approach allows for depth perception from as close as 5cm to 5m.

Magik Eye's business model centers on providing this technology to developers and manufacturers across various industries. The company offers Development Kits, such as the DK-ILT001, which are designed to connect to single-board computers like the Raspberry Pi, allowing researchers and companies to evaluate and integrate the technology into their products. These kits support standard middleware and programming languages like OpenCV, C++, and Python. The firm targets a wide range of applications, including robotics, consumer electronics, AR/VR, industrial automation, and surveillance. In June 2022, Magik Eye entered into a joint development memorandum with Shikino High-Tech, which also acquired an undisclosed stake in the company. The company has raised a total of $5.55M over two funding rounds.