Tech Company Financing Transactions

Luminopia Funding Round

On 11/11/2022, Luminopia raised $5.7 million in Seed financing from Shangbay Capital, Sony Innovation Fund and SSI Strategy.

Transaction Overview

Company Name
Announced On
11/11/2022
Transaction Type
Venture Equity
Amount
$5,700,000
Round
Seed
Proceeds Purpose
The company will be using the funding for a staged rollout of its lead product for amblyopia to pediatric ophthalmologists starting this month, before expanding to a broader launch in the second half of 2023.

Company Information

Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
955 Massachusetts Ave 335
Cambridge, MA 02139
USA
Email Address
Overview
Around 15 million Americans suffer from vision loss caused by deficiencies in the brain, instead of any structural issues with the eyes. Traditional therapeutic modalities are unable to properly target and treat these deficits, leaving a significant unmet need. By harnessing the latest in digital technology, we're creating an entirely new category of medicines to address these conditions. We develop software products that generate therapeutic visual stimuli and deliver them to the patient through a virtual reality headset, using the eyes to stimulate the brain. The success of our amblyopia therapeutic provides proof-of-concept for our broader platform.
Profile
Luminopia LinkedIn Company Profile
Social Media
Luminopia Company Twitter Account
Company News
Luminopia News
Facebook
Luminopia on Facebook
YouTube
Luminopia on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Scott Xiao
  Scott Xiao LinkedIn Profile  Scott Xiao Twitter Account  Scott Xiao News  Scott Xiao on Facebook
Chief Operating Officer
Hank Wu
  Hank Wu LinkedIn Profile  Hank Wu Twitter Account  Hank Wu News  Hank Wu on Facebook
VP - Engineering
Sunny Atwal
  Sunny Atwal LinkedIn Profile  Sunny Atwal Twitter Account  Sunny Atwal News  Sunny Atwal on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/11/2022: Coefficient venture capital transaction
Next: 11/11/2022: Purlin venture capital transaction

 

Share this article

 


Where The Data Comes From

Our team works diligently to record every notable VC transaction. All VC database entries reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary