Techifeye Network Seeks to Help Emerging Companies Connect With Private Practice Optometry

By Staff
Thursday, September 23, 2021 12:18 AM LAS VEGAS—When Brianna Rhue, OD, FAAO, and her drcontactlens.com business partner, Jennifer Tabiza, OD, were preparing for the presentations they’ll be making at their booth during Vision Expo West this week, an idea came to mind that they thought would help various entrepreneurial companies trying to make headway in the optical and eyecare sectors. They discussed how challenging it can be for smaller technology companies that deliver great services to get the attention of doctors and key decision-makers in a practice. Moving quickly, the two women worked over the course of a month to create a process to make it easier for companies like theirs to get attention at an event as large as Vision Expo West.

Facebook and EssilorLuxottica Launch Ray-Ban Stories, their Long-Awaited Smart Glasses Collaboration

By Staff
Friday, September 10, 2021 12:24 AM MENLO PARK, Calif., and CHARENTON-LE-PONT, France—Facebook Inc. and Ray-Ban on Thursday released their much-anticipated and awaited smart glasses Ray-Ban Stories, which the companies are calling “the next generation of smart glasses.” The collaboration brings forward “a new way to seamlessly capture, share and listen through your most authentic moments,” the companies said in a joint announcement. (Neither EssilorLuxottica nor Facebook had previously launched a smart glass product.)

Optiswiss and Luxexcel to Cooperate on 3D-Printed Smart Eyewear

By Staff
Friday, September 10, 2021 12:21 AM BASEL, Switzerland and EINDHOVEN, The Netherlands—Optiswiss, the leading Swiss lens manufacturer with distribution throughout Europe, has partnered with Luxexcel to bring commercial 3D printed lenses to market for use in regular eyewear and smart glasses.

NewSight Reality Announces Proof of Concept for Its Augmented and Mixed Reality Optical Module

By Staff
Thursday, August 26, 2021 12:15 AM JACKSONVILLE, Fla.—NewSight Reality (NSR), an early-stage developer of augmented reality (AR) and mixed reality (MR) technologies, announced that it is actively prototyping and demonstrating proof of concept of its Transparent Optical Module (TOM) for commercial use of augmented reality technology. "Our realized vision for augmented and mixed reality technology opens up a whole new world of possibilities about how these technologies can be applied to improve our lives," said NSR CEO and president Phil Garfinkle. "We're incredibly excited about the future of this space and how TOM will evolve applications for everyday use."

EyeQue Closes Series C Funding Round, Bringing Total Capital Raised to $57 Million

By Staff
Wednesday, August 25, 2021 12:27 AM NEWARK, Calif.—EyeQue, a smartphone vision testing company, said it has closed a Series C funding round of about $40 million and now has raised more than $57 million in capital since the company was founded in 2015.

Novel Visual Prosthesis Brain Implant Moves to Clinical Trial

By Andrew Karp
Friday, August 20, 2021 8:30 AM Researchers at the Illinois Institute of Technology are launching clinical trials of an artificial vision system that has the potential to restore partial vision to people who have lost their sight. The first-of-its-kind system, known as the Intracortical Visual Prosthesis (ICVP), is an implant that connects directly to the brain’s visual cortex, bypassing the retina and optic nerves. The National Institutes of Health has awarded Illinois Tech researchers $2.5 million for the first year of a three-year project that includes implanting their new type of wireless visual prosthesis system in volunteers. 

EssilorLuxottica Creates Smart Eyewear Innovation Hub in France to Capture Rising Opportunities in Wearables

By Staff
Tuesday, July 13, 2021 12:27 AM CHARENTON-LE-PONT, France—EssilorLuxottica said Monday that it has created a dedicated innovation center in France to reinforce its expertise and expand its capabilities in electrochromic and smart eyewear technologies.

DeepOptics and EssilorLuxottica Collaboration Reaches New Level With Kickstarter Campaign for Adaptive Focus Sunglass

By Staff
Friday, July 9, 2021 12:24 AM PETAH TIKVA, Israel—The first product to result from a collaboration between the Israeli tech company DeepOptics and EssilorLuxottica emerged last month in the form of an adaptive focus sunglass called 32°N (pronounced 32 North).

Innovega Files Four New Patent Applications for Fitting Contact Lenses and AR/VR Eyewear

By Staff
Tuesday, May 25, 2021 12:18 AM BELLEVUE, Wash.—Innovega reported that it filed four new patent applications for automated systems to enable eyecare practitioners to efficiently and consistently fit contact lenses and augmented reality (AR) and virtual reality (VR) display-equipped eyewear.

Snap to Acquire AR Display Supplier for More Than $500 Million

By Staff
Monday, May 24, 2021 12:21 AM SANTA MONICA, Calif.—A day after unveiling the first augmented reality version of its Spectacles eyeglasses, Snap confirmed that it is buying WaveOptics, its AR display supplier, for more than $500 million.

Kits Announces Upgrade to the OTCQX Best Market in the U.S.

By Staff
Monday, May 10, 2021 12:15 AM VANCOUVER—Kits Eyecare Ltd. (TSX: KITS), the vertically integrated, digital eyecare platform backed by the investor Roger Hardy, has been approved for immediate trading on the OTCQX Best Market, the top tier of the OTC Markets. Shares of the company were upgraded to OTCQX from the Pink market, according to an announcement late last week. Kits Eyecare began trading Friday (May 7) on OTCQX under the symbol “KTYCF.” In its announcement, Kits Eyecare said “upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors.” (Kits Eyecare has been listed on the Toronto Stock Exchange since the beginning of this year.)

Innovega Receives Securities and Exchange Commission Qualification for $15 Million Offering

By Staff
Friday, April 16, 2021 12:24 AM BELLEVUE, Wash.—Innovega Inc. received SEC qualification for its $15 million Regulation A+ offering which set in motion the conversion of reservations to completed investments.

Innovega Expands Patent Filings for Assisting the Sensory Impaired

By Staff
Thursday, April 8, 2021 12:18 AM BELLEVUE, Wash.—Innovega reported that it filed three new patent applications for novel extended reality eyewear with features for those with visual and auditory impairment.

Mojo Lens Voted the Winner of Last Gadget Standing Competition at CES 2021

By Staff
Thursday, January 14, 2021 12:24 AM NEW YORK—Mojo Lens, a smart contact lens being developed by Mojo Vision, a Saratoga, California-based startup, was voted the winner of the prestigious Last Gadget Standing competition on Tuesday at CES 2021, the virtual consumer electronics show.

Materialise Makes ‘Strategic Investment’ in Virtual Eyewear Try-On Firm Ditto as Companies Begin Collaboration

By Staff
Wednesday, September 23, 2020 12:27 AM LEUVEN, Belgium and OAKLAND, Calif.—Materialise NV  (Nasdaq:MTLS), a global leader in 3D printing solutions, has made a strategic investment in Ditto, an Oakland-based developer of virtual eyewear try-on platforms, according to an announcement earlier this week.