Ocutech

Chapel Hill, United States Founded: 1984 • Age: 42 yrs
Bioptic low vision aids are developed for visually impaired individuals.
Annual revenue - Latest available
Total funding $198,880 2 rounds
Employees - Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Ocutech

Ocutech is a company based in Chapel Hill (United States) founded in 1984. Ocutech has raised $198.88 thousand across 2 funding rounds. Ocutech offers products and services including Bioptic Telescope, SideSight, and NEO Frames. Ocutech operates in a competitive market with competitors including Freedom Scientific, NuEyes, EnChroma, Vivid Vision and Humanware, among others.

  • Headquarter Chapel Hill, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ocutech Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $198.88 K (USD)

    in 2 rounds

  • Latest Funding Round
    $48.88 K (USD), Unspecified

    Dec 20, 2023

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Ocutech

Ocutech offers a comprehensive portfolio of products and services, including Bioptic Telescope, SideSight, and NEO Frames.

Primary

Device that magnifies vision for daily tasks and driving.

System for improving side vision in conditions like hemianopsia.

Multi-color frames for bioptic telescopes to enhance usability.

Funding Insights of Ocutech

Ocutech has successfully raised a total of $198.88K across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $48.88 thousand completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Unspecified — $48,880
  • First Round

    (15 Dec 2023)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2023 Amount Unspecified - Ocutech Valuation

investors

Dec, 2023 Amount Unspecified - Ocutech Valuation

investors

Investments & Acquisitions by Ocutech

Investments

Financial Statements - Ocutech

Ocutech Comparisons

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Competitors of Ocutech

Ocutech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Freedom Scientific, NuEyes, EnChroma, Vivid Vision and Humanware, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Assistive technology products for visually impaired individuals are supplied.
domain founded_year HQ Location
Visual magnification aids are supplied for sight-impaired individuals.
domain founded_year HQ Location
Provider of eyewear for color blind people
domain founded_year HQ Location
VR games are developed for vision treatment in clinics.
domain founded_year HQ Location
Assistive technology products for blind and low-vision individuals are supplied.
domain founded_year HQ Location
Provider of device for visually impaired

Latest news on Ocutech

Frequently Asked Questions about Ocutech

Ocutech was founded in 1984 and raised its 1st funding round 39 years after it was founded.

Ocutech is headquartered in Chapel Hill, United States. It is registered at Chapel Hill, North Carolina, United States.

Ocutech is a funded company, having raised a total of $198.88K across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $150K, raised on Dec 15, 2023.

Ocutech was founded in 1984 and is located in Chapel Hill, United States. Bioptic low vision aids are developed by the company within the medical device sector. These devices, resembling miniature binoculars, enlarge images to enhance visibility for visually impaired users. Support is extended to individuals experiencing central vision loss through improved magnification capabilities. Operations focus on innovation in assistive technologies for low vision conditions.

Ocutech's top competitors include Freedom Scientific, EnChroma and TorchIt.

Ocutech offers Bioptic Telescope, SideSight, and NEO Frames.

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