eyewear

XP Health grabs $32M to bring employees more affordable vision care

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 […]

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Eyebot raised $6M for AI-powered kiosks that provide 90-second eye exams without optometrist

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

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Temasek, Fidelity buy $200M stake in Lenskart at $5B valuation

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

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