N
North
A pioneer in human computer interfaces and smart glasses
About North
North, initially established as Thalmic Labs in 2012, was a Canadian technology firm that pivoted to the ambitious augmented reality market. The company was the brainchild of three University of Waterloo Mechatronics Engineering graduates: Stephen Lake, Matthew Bailey, and Aaron Grant. Their journey began with a shared vision to redefine human-computer interaction, which first materialized as the Myo armband, a gesture and motion-control device that reads muscle activity. This initial product, launched after the founders gained early support from the Velocity Garage incubator and Y Combinator, showcased their engineering prowess and drew significant investor interest, including a notable $120 million Series B funding round co-led by the Amazon Alexa Fund and Intel Capital.
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Sensing a greater opportunity in wearable computing, the founders shifted focus, rebranding to North and acquiring over 230 patents from Intel's discontinued Vaunt smart glasses project. This strategic move set the stage for their flagship product, Focals by North, custom-built smart glasses designed to seamlessly integrate technology into daily life with an emphasis on style. Unlike previous smart glasses, Focals were designed to look like conventional eyewear, projecting information visible only to the wearer. The product's business model was direct-to-consumer, requiring a personalized 3D face scan and fitting process at one of their exclusive showrooms in Toronto or Brooklyn, or at various pop-up locations. This high-touch sales approach underscored the company's commitment to a custom-fit user experience.
Focals operated as an extension of a smartphone, connecting via Bluetooth to a companion app. They delivered discreet, glanceable notifications such as messages, turn-by-turn directions, and calendar alerts directly onto the user's retina via a small holographic projector. Interaction was managed through a subtle, four-directional joystick on a ring called the Loop, and the glasses also featured built-in Amazon Alexa for voice commands. Despite a warm reception for its design, the product faced challenges, including a complex fitting process and a display that some found imperfect. The initial price of $999 was later reduced to $600. In June 2020, before the release of a planned Focals 2.0, North was acquired by Google for an estimated $180 million, with the team joining Google's hardware division in Kitchener-Waterloo to contribute to its ambient computing efforts. Following the acquisition, support for Focals 1.0 was discontinued.
At a glance
- Status
- Acquired
- Founded
- 2012
- Headquarters
- Kitchener, Canada
- Employees
- 21
- Open positions
- None listed
- Dealroom signal
- 64.1/100
- Industry
- Fashion, Consumer Electronics
- Sector
- Fashion, Consumer Goods, Consumer Electronics, Smart Glasses, Optical Technology, Immersive Technologies, Spinout, Wearable, YC W13, DT and LS, science-based
- Technology
- IoT InternetOfThings
- Business model
- Manufacturing
Latest news
Press, funding announcements and product moves mentioning North.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Jun 2020 | $180M | — | Alphabet | Google | — |
| DEBTDebt | Mar 2019 | $40M | — | Amazon · Intel Corporation · Fidelity Investments | — |
Growth signals
Latest recorded traffic for North is 5.6K monthly website visits, down 39.8% over the last three months. North's team grew 0% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed9 investors entered at this stage
Creative Destruction Lab
Velocity
Daniel Debow
David Ossip
Mike McCauley
Lee Lau- PTPaul Tsaparis
Y Combinator
Innovation, Science and Economic Development Canada
Series A13 investors entered at this stage
FundersClub
Fritz Lanman
Hank Vigil
Intel Capital
Spark Capital
First Round Capital
Formation 8
Garry Tan
Paul Graham
Marc Benioff
Inovia Capital
Fidelity Investments Canada
Amazon Alexa Fund
Series B and later3 investors entered at this stage
Amazon
Intel Corporation
Fidelity Investments
Other known investors3 additional known investors
Alphabet | Google
Initialized Capital
University of Toronto
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about North 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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