Blink and you’ll miss it: a startup out of Finland is taking a new look at the market for prescription eyewear. Tapping into innovations in eye-tracking and liquid crystal lens technology, IXI is building low-power glasses that will invisibly, automatically adjust to account for Presbyopia (far-sightedness), for the wearer. Four years into its life, Hensinki-based […]
Antonio Moraes, the grandson of a late prominent Brazilian billionaire, was never interested in joining the family-owned conglomerate of construction companies and a bank. Shortly after graduating from college, he founded one of Brazil’s first impact funds, which invested primarily in companies that made healthcare more accessible and affordable. But while attending Stanford University, where
XP Health grabs $32M to bring employees more affordable vision care Read More »
Over half of Americans wear corrective glasses or contact lenses. While there isn’t a shortage of low-cost and luxury frames available online or in stores, consumers can only buy them with a current eyeglass prescription. That means that they first need an eye exam from an optometrist to receive that prescription. But, due to a
Temasek and Fidelity have purchased shares worth $200 million in Indian eyewear retailer Lenskart, according to a statement by the startup’s financial advisor, Avendus. The transaction values Lenskart at $5 billion, the startup’s co-founder and chief executive, Peyush Bansal, told TechCrunch in a text message. Avendus, which also advised selling shareholders on the deal, didn’t name
Temasek, Fidelity buy $200M stake in Lenskart at $5B valuation Read More »
