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Recon Instruments

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Smart eyewear and smart goggle technology for sports and high intensity environments

Vancouver, CanadaFounded 2008Sports
Valuation $100–250M Last recorded · 2015
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Recon Instruments

Recon Instruments, a Canadian technology firm, was established in January 2008 by Dan Eisenhardt, Hamid Abdollahi, Fraser Hall, and Darcy Hughes. The company's core idea originated from an integrated MBA project at the University of British Columbia in 2006. Initially, the founders, inspired by competitive swimmer Eisenhardt, explored developing heads-up display (HUD) technology for swimming goggles. However, due to an existing patent and technical challenges, they pivoted to the winter sports market.

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The company's business focused on producing smartglasses and wearable displays marketed as HUDs for sports and high-intensity environments. They sold these devices directly to consumers, with early models retailing for around $500-$600. Recon Instruments' first commercial product launched in October 2010, predating Google Glass by about a year and a half. The technology delivered live activity metrics, GPS maps, and notifications directly to the user's eye. Their product line included the Snow2 for winter sports and the Recon Jet, a smart eyewear device for cycling and running. The Jet featured a dual-core processor, GPS, various sensors, and could connect to smartphones and other fitness monitors. Beyond the consumer sports market, Recon partnered with enterprise software firms like SAP and APX Labs to adapt its technology for industrial applications in sectors such as manufacturing and law enforcement.

The founders' backgrounds were integral to the company's development. Dan Eisenhardt, a former competitive swimmer and engineer, served as CEO. His initial concept for swim-specific HUDs eventually led to the creation of his subsequent company, FORM. Hamid Abdollahi, the CTO, had a background in engineering with expertise in design, sensors, and robotics. The company secured significant investments, including a $10 million Series A round in 2012 and funding from Intel Capital and Motorola Solutions in subsequent years. This trajectory culminated in its acquisition by Intel in June 2015. After the acquisition, Recon Instruments operated as an Intel company, aiming to leverage Intel's resources to expand into broader markets. However, Intel shuttered the Recon division in the summer of 2017, discontinuing all products. Keywords: heads-up display, wearable technology, smartglasses, sports technology, athlete data, cycling computer, ski goggles, augmented reality, GPS tracking, wearable sensors

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2008
Headquarters
Vancouver, Canada
Employees
8
Open positions
None listed
Dealroom signal
60.7/100
Industry
Sports
Sub-industry
Sporting Equipment
Sector
Sports, Eyewear, Consumer Electronics
Technology
Artificial Intelligence, Hardware, Deep Tech, Augmented Reality, Computer Vision, Connected Device, IoT InternetOfThings
Business model
Manufacturing
Client focus
b2b, b2c

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jun 2015 $175M $175M Intel Corporation —
SERIES A✓Equity / VC Apr 2014 $7M $28M Motorola Solutions —
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Growth signals

Recon Instruments website traffic

Latest recorded traffic for Recon Instruments is 430 monthly website visits, up 26.5% over the last three months. Recon Instruments's team grew 0% over the past year.

Latest monthly visits430 3-month web change+26.5% 1-year team growth0%
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Similar companies

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Investments and acquisitions

Capital deployed

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

Investors

10 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

Series B and later1 investor entered at this stage

  • Espresso Capital

Other known investors5 additional known investors

  • Intel Corporation
  • The University of British Columbia
  • Hashem Aboulhosn
  • Lars Staal Wegner MD
  • Nicolaj Højer Nielsen
Team profiled 33 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 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
1 countries with
team presence
🇨🇦 Canada100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Recon Instruments 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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