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.
-
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
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Ocutech
Ocutech offers a comprehensive portfolio of products and services, including Bioptic Telescope, SideSight, and NEO Frames.
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 Funding
- Total Rounds 2
- Last Round Unspecified — $48,880
-
First Round
First Round
(15 Dec 2023)
- Investors Count 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
Financial Statements - Ocutech
Ocutech Comparisons
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
|
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.