Connect with us

Hi, what are you looking for?

Jewish Business News


Beyeonics Brings in $36 Million

Beyonics was started by Elbit Systems

Beyeonics is a startup that was recently spun off from Israel’s Elbit Systems, concluded a financing round with the aggregate amount of $36 million. This was an aggregate amount because it is actually two sister companies, Beyeonics Surgical Ltd. and Beyeonics Vision Ltd.

This financing round is comprised of an investment in Beyeonics Surgical and Beyeonics Vision in an aggregate amount of $26 million led by the Italian investment fund TechWald Holding and the Israeli investment fund Alive Israel HealthTech. There was also a $10 million convertible loan to Beyeonics Vision by global surgical ophthalmic company BVI Medical (“BVI”). Following the investment, Elbit Systems is a minority shareholder in Beyeonics Surgical and Beyeonics Vision.

Please help us out :
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
Thank you.

As the name suggests, Beyeonics Vision deals with Ophthalmology. The company has plans to begin commercializing its product Beyeonics One in the U.S. by the end of 2021. This would come, says Beyonics, after the completion of more than 300 successful cataract and retina surgeries performed in the U.S. and Israel.

Beyeonics One is a surgical microscope for anterior & posterior segment ophthalmic surgeries. Built according to the vision of a surgical cockpit, the company declares that it has the capability to meet the visual, informational, and ergonomic needs of the surgeon during different stages of the surgery.

Beyeonics Surgical is focused on Neurosurgery and Orthopedics products, with pipeline applications that include minimally invasive surgery and surgical robotics. The companies offer what they describe as cutting-edge imaging and head-mounted display (HMD) technologies originally developed by Elbit Systems for aerospace applications.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, said, “The completion of an additional financing round attests to the commercial potential of our technologies. We are proud to have spun off companies that leverage some of our unique technologies to materially enhance surgeons’ capabilities in the operating room. We hope this investment will enable Beyeonics Surgical and Beyeonics Vision to expand product development, to include additional surgical applications and to accelerate commercialization.”



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.