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Morrow

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Morrow Eyewear integrates cutting-edge liquid crystal tech into premium lenses, offering unmatched comfort, adaptability, and performance

Ghent, BelgiumFounded 2016Health Tech & Medtech
Valuation $50–100M Last recorded · 2022
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Morrow and the history behind them.

About Morrow

Morrow Eyewear is a Belgian high-tech company founded in 2016 as a spin-off from the research center imec and the University of Ghent. The founders, Paul Marchal (CEO) and Jelle De Smet, leveraged their combined experience in electronics and nanotechnology to develop autofocal glasses as a more comfortable alternative to traditional progressive lenses. Marchal, an engineer with a background in nanoelectronics and digital technologies at imec, met De Smet, who had conceptualized 'tunable' lenses. Together, they pivoted from contact lenses to developing the world's first 'autofocal' eyeglasses.

The company's core product is its eProgressive smart glasses, which feature a patented tunable lens-in-foil technology. This system embeds a thin layer of liquid crystal between two precise optical lenses. At the touch of a button on the frame, a small electrical pulse activates the liquid crystal, changing its refractive index and switching the lens's focal length between near and distance vision in about 0.6 seconds. This technology aims to mimic the natural accommodation of a healthy eye, providing a wider field of view and reducing the distortions often associated with multifocal lenses. The current third-generation product offers a near-vision boost of 1.0 diopter. The glasses are powered by a battery that lasts over two days and can be recharged in under 30 minutes.

Morrow Eyewear targets the market for presbyopia, which affects a significant portion of the population. The business model has evolved from an initial direct-to-consumer approach in Belgium to a B2B model focused on distribution through optical retailers. The company has established a network of partner opticians in Belgium and, through a strategic partnership with Novacel Optical, is expanding into France and Switzerland with plans for further European and U.S. market entry. The glasses retail for around €1,200. To produce the frames, which house the electronic components, the company utilizes 3D printing (Selective Laser Sintering), allowing for on-demand production and customization without large inventories.

The company has raised over €25 million in funding from investors including ZEISS Ventures, New Science Ventures, PMV, Tokai Optecs, and imec.xpand. This financial backing supports technology development, automation of production, and commercial expansion.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Ghent, Belgium
Employees
19
Open positions
None listed
Dealroom signal
67.9/100
Industry
Health, Fashion
Sub-industry
Medical Devices, Accessories
Sector
Health Tech & Medtech, Smart Glasses, Optical Technology, Spinout, DT and LS, science-based, Eyewear
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2c

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AOther financing Jul 2022 $11M $44M Zeiss · PMV · New Science Ventures · Qbic Fund ↗
SERIES AOther financing Nov 2020 $4.1M $16M PMV —
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Financials

Revenue over time

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

YearRevenueGrowth
2026
2025
2024
2023
2022
2021 —
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Growth signals

Morrow website traffic

Latest recorded traffic for Morrow is 2.6K monthly website visits, up 18.2% over the last three months. Morrow's team declined 5% over the past year.

Latest monthly visits2.6K 3-month web change+18.2% 1-year team growth-5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

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

Series A4 investors entered at this stage

  • PMV
  • Zeiss
  • New Science Ventures
  • Qbic Fund

Other known investors2 additional known investors

  • Ghent University
  • imec
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
2 countries with
team presence
🇧🇪 Belgium93.3%
🇳🇱 Netherlands6.7%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Morrow 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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