Israeli Optical technology innovators DeepOptics has raised $4 million Series A funding. The round includes strategic investor Essilor, Taiwan-based Atomics 14 Ventures and several private investors, including Saar Wilf, Deep Optics’s chairman and first investor.
Founded in 2011 by CEO Yariv Haddad, CTO Yoav Yadin, and Chief Scientist Alex Alon. DeepOptics’ seven member-team is Israel with an eighth member in Silicon Valley in charge of business development.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at email@example.com.
While still very much in the development stage, the DeepOptics team is well on their way to creating an optical device with the potential to disrupt how we see the world.
Deep Optics brings a technological breakthrough to the multi-billion dollar multifocal market, aiming to provide alternative progressive glasses and new ophthalmic applications with electronic dynamic focal technologies based on its proprietary and patent-pending liquid crystal lenses.
The company’s system uses sensors to gauge the distance that the user is attempting to view, and adjusts the lenses accordingly to bring the object into focus. It accomplishes this by sending electronic volts into the three layered liquid crystal lenses, changing the refractive index in the lense to allow the lense to provide the specific optical compensation needed to bring the world into focus in every situation.
“The human eye has a natural focusing ability that degrades with age. Current multifocal glasses compensate for this degradation, but they cannot offer adaptable correction power management. The dynamic solution we’re developing is actually similar to the human focusing mechanism, and so in addition to its superior lens function, should be even easier to get used to with minimal, if any, adjustment required, ” explained Yariv Haddad, co-founder and CEO of Deep Optics.
Beyond the significant changes that DeepOptics is looking to have on the field of regular vision, their technology has the potential to impact the development of AR and VR in becoming far more viable products.
Deep Optics is also exploring additional applications for its adaptive electronic lens technology. Two notable applications are AR (Augmented Reality) and VR (Virtual Reality) systems, which are likely to benefit from the addition of adaptive optics to future models. According to Haddad, Deep Optics has already started discussions with companies in this field.
The Company was named the most promising start-up at the sixth annual Israel Machine Vision Conference and Exhibition (IMVC) in 2015.
READ MORE: DeepOptics
Wearers of multifocals (“progressive” eyeglasses) must look through the top of the lenses for distance, through the middle for intermediate distance and through the bottom for close reading. Many More…