What You Should Know: - Eyenuk, Inc., a global artificial intelligence (AI) digital health company and the leader in real-world applications for AI Eye Screening™ and AI Predictive Biomarkers™, today announced it has secured $26 million in a Series A financing round, bringing the Company’s total funding to over $43 million. - The capital raise was led by AXA IM Alts and was joined by new and existing investors including T&W Medical A/S, A&C Foelsgaard Alternativer ApS, Kendall
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ForSight Robotics Raises $55M to Develop Robotic Cataract Surgery Procedure
What You Should Know: - Israeli-based ForSight Robotics, the pioneer in ophthalmic robotic surgery raises $55M in Series A funding to advance the world’s first surgical platform for fully robotic cataract surgery: ORYOM. The round was led by The Adani Group with existing investors Eclipse Ventures and Mithril Capital. A number of new investors, including Provenio Capital, Precision Capital, Reiya Ventures, the Ljungstrom family office, and other prominent private investors also joined the
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C. Light Launches AI-Driven Retinal Eye-Tracking; Predicts Neurological Health in 10 Seconds
- C. Light Technologies launches the world’s first AI-driven retinal eye-tracking technology to assess neurological health in the blink of an eye. - The neurotech & AI company has the most sensitive tracker for eye motion on the cellular scale available today to predict neurological diseases in seconds. C. Light Technologies, a Berkeley,
CA-based neurotech and AI company
participating in UC Berkeley’s premier accelerator SkyDeck, is introducing the
world’s first retinal
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Verily Launches Joint Venture to Develop & Commercialize Ophthalmic Devices
- Alphabet company Verily and Santen Pharmaceutical launch joint venture focused on developing and commercializing ophthalmic devices and comprehensive tech-enabled solutions. - The joint venture will focus on tackling ophthalmic conditions, such as glaucoma and dry eye. Santen Pharmaceutical
Co., Ltd. and Verily, an Alphabet
company, announced the establishment of a joint venture focused on applying
microelectronics and scalable digital technologies to ophthalmology. The new
joint
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Primary Care Doctors Use Autonomous AI to Instantly Detect Eye Disease
- A Georgia Primary Care Clinic is now using an autonomous AI system called IDx-DR to test patients for diabetic retinopathy, a leading cause of blindness. - IDx-DR is cleared by the FDA to make an assessment without the need for a clinician to also interpret the image or results, making it usable by healthcare providers who may not normally be involved in eye care. - The exam typically takes 5-10 minutes. Nurses use an automated fundus camera to take pictures of the patient’s retinas –
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Livongo, VSP Vision Care Partner to Improve Eye Care for People Living with Diabetes
- Livongo announced a partnership with VSP Vision Care to offer mutual Members resources and insights to manage chronic conditions and vision care on one platform. - People with diabetes and prediabetes have an increased risk of vision complications and vision loss and by offering them resources to better manage their eye health on the Livongo platform, we can effectively close gaps in care. Livongo Health, Inc., an Applied Health Signals company empowering people with chronic conditions to live
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GoCheck Kids Nabs $6M for iPhone App That Detects Amblyopia in Pre-Verbal Children
GoCheck Kids, the creators of an FDA-registered and CE certified iPhone app that screens for amblyopia in pre-verbal children used by over 4,500 pediatricians announced it has raised $6M in Series B funding led by FCA Venture Partners. The investment will be used to add artificial intelligence capabilities with Apple’s CoreML and ARKit and accelerate further electronic health record (EHR) integrations. Amblyopia: The Leading Cause of Vision Loss in U.S. Children According to the CDC,
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4 Pillars of Value for AI in Medical Imaging
At ECR this year, there were over 25 independent software vendors (ISVs), many of them start-ups, showcasing artificial intelligence (AI) solutions for medical imaging within a dedicated space. Additionally, with established imaging vendors foraying into the AI space, what was once the hype is now in the early stages of market maturity, and, it appears, AI within medical imaging is here to stay. The question has now shifted to what clinical value AI solutions can provide, rather than if AI is
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IDx and Topcon Join Forces to Scale AI-based Diagnostic Platform in the U.S. Market
IDx, an AI diagnostics company, and Topcon, one of the world’s leading ophthalmic device manufacturers, have signed an exclusivity agreement that will allow the companies to scale delivery of AI-based diagnostic solutions in the U.S. market. As part of the agreement, is granted exclusive rights to IDx-DR system, an autonomous AI system that instantly detects diabetic retinopathy in fundus images, exclusively with Topcon NW400, an easy to use, robotic fundus camera. IDx-DR is an FDA-cleared
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Verana Health Lands $30M for EHR Integrated Data Platform for Life Sciences
Verana Health formerly known as DigiSight Technologies), a healthcare technology developer of a cutting-edge platform for life science innovation that utilizes regulatory-grade specialty data sets has raised $30M in Series C funding led by GV (formerly Google Ventures) with participation from existing investors Biomatics Capital, Brook Byers, founder of Kleiner, Perkins, Caufield & Byers, GE Ventures, and Lagunita Biosciences.In addition to the Series C funding, the company has appointed
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