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Home » Topics » Disease categories and therapies » Ophthalmic

Ophthalmic
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1-16-Mojo-lens-hero.png

Mojo Vision scoops up another $51M in series B-1 round

April 29, 2020
Saratoga, Calif.-based startup Mojo Vision Inc. has raised $51 million in a series B-1 financing led by existing investor New Enterprise Associates (NEA). The money will be used to advance development of the Mojo Lens, the company’s first-of-a-kind smart contact lens powered by augmented reality (AR) technology.
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Artificial retina program wins $5M NASA award

April 21, 2020
By Meg Bryant
Farmington, Conn.-based biotech startup Lambdavision Inc. is preparing to test the benefits of microgravity in producing its protein-based artificial retina, thanks to a $5 million, three-year award from the National Aeronautics and Space Administration (NASA). The first-of-a-kind treatment aims to restore vision to people who have lost all or much of their sight due to advanced retinitis pigmentosa (RP).
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Cyber eye illustration

Citing COVID-19, Second Sight to wind down operations

March 31, 2020
By Liz Hollis
It has been predicted that the COVID-19 pandemic would cause business disruption. Now, it has claimed a casualty with Second Sight Medical Products Inc., of Sylmar, Calif., which has been forced to wind down operations, citing the pandemic and the impact it will have on the company’s ability to secure financing. Second Sight, which makes the Argus II retinal prosthesis system, said that effective March 31, 84 of its 108 employees will be laid off.
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Face with digital focus on eye

Eye disease-focused Sight Sciences raises $30M in series E

March 18, 2020
By Meg Bryant
Sight Sciences Inc., of Menlo Park, Calif., scooped up $30 million in a series E preferred stock financing round that was led by D1 Capital Partners. The funds are earmarked to further advance clinical and operational development and support commercial expansion of the company’s Omni surgical and Tearcare systems.
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Envision integrates AI-powered software tech into Google Glass

March 9, 2020
By Liz Hollis
Looking to help blind and visually impaired patients, Envision, of The Hague, Netherlands, has unveiled its plans to integrate its artificial intelligence (AI)-powered software technology into Google Glass.
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Eyeyon eyes FDA breakthrough device designation for endothelial implant

Feb. 6, 2020
By Stacy Lawrence
The FDA has awarded a breakthrough device designation to a polymer film implant to create an artificial endothelial layer in the eye. Known as Endoart, it is designed to replace a non-functioning endothelium, which is the single layer of cells on the inner surface of the cornea. Without it, excess fluid flows into the cornea and can result in severe vision loss.
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1-16-Mojo-lens-hero.png

Mojo Vision’s smart contact lens wins breakthrough device designation from FDA

Jan. 16, 2020
By Meg Bryant
The U.S. FDA has granted breakthrough device designation to Mojo Vision Inc. for its first-of-a-kind true smart contact lens. The Mojo Lens, which features “invisible computing” and a built-in display, enables people to get timely information without having to look away from what they are doing or glance at a screen.
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Glaukos completes enrollment in pivotal trial of Istent Infinite for refractory glaucoma

Oct. 11, 2019
By Meg Bryant
San Clemente, Calif.-based Glaukos Corp. has finished enrolling patients in its U.S. investigational device exemption (IDE) trial for the Istent Infinite trabecular micro-bypass system, which is intended for standalone use in lowering intraocular pressure (IOP) in refractory glaucoma patients. If all goes as planned, the company is looking to commercially launch the treatment in the U.S. in 2021.
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Keranova raises €24M in series B funding round

Sep. 11, 2019
By Nuala Moran
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