Tech Company Financing Transactions
PixelOptics Funding Round
PixelOptics, based in Roanoke, received $465 thousand in investment from Life Science Angels.
Transaction Overview
Company Name
Announced On
10/19/2005
Transaction Type
Venture Equity
Amount
$465,000
Round
Series A
Investors
Life Science Angels (Anne Degheest)
Proceeds Purpose
The angel money is budgeted to fund operations costs until the Series A which is expected to go towards the engineering of PixelOptics' Electro-active Converging Lens platform into wearable glasses. The technology aims to address presbyopia, the near universal weakening of the eyes which accompanies middle age.
Company Information
Company Status
Out of Business
Industry
Medical Devices & Instruments
Mailing Address
5241 Valleypark Drive
Roanoke, VA 24019
USA
Roanoke, VA 24019
USA
Phone
Website
Email Address
Overview
PixelOptics, Inc. intends to impact the $54 billion global optical vision care industry, with its solidly patented electro-active optics technology platform; PixelOptics has invented and is developing dynamic and intelligent optics for use in spectacle lenses for the correction of presbyopia (loss of near focus after the age of 40+).
Management Team
Title
Name
Email & Social
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