In a revolutionary leap for optical technology, Israeli startup Flō Optics has secured a staggering $35 million in a Series A funding round, propelling its revolutionary digital printing solution for coating optical lenses into the spotlight.
Leading the charge is the renowned Jaglom family, known for backing cutting-edge innovations in the field, including their past investments in Stratasys. Until now, Flō Optics had only raised a modest sum in its Seed round, making this latest influx of capital a game-changing milestone.
Among the latest investors is the Italian powerhouse MEI Systems, a global leader in lens-edging machines and industry solutions, which will now hold a minority stake in Flō Optics. With this formidable backing, the company is poised to redefine the future of optical lens manufacturing, fusing precision, efficiency, and digital innovation like never before.
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Optical lenses are fundamental optical components that manipulate light through refraction. They are used in a wide range of applications, from eyeglasses and cameras to microscopes and telescopes.
Optical lenses are essential tools that have revolutionized various fields, from healthcare and scientific research to entertainment and communication. Their ability to manipulate light has enabled us to see the world in new ways and develop technologies that have transformed our lives.
flō’s proprietary technology significantly advances optical coatings, offering improvements in functionality, cost, quality, and sustainability. Its micro-pixel level control unlocks a new realm of design possibilities across these same areas.
flō Optics is transforming the ophthalmic market by providing ophthalmic labs with digitized coating solutions. These solutions, enabled by unique multi-material and multi-layering digital manufacturing techniques, unlock new possibilities for improved, more affordable coatings.
Currently, flō is in the advanced stages of its product development, with the first systems to launch soon. Guy’s extensive experience in New Product Introduction (NPI) will be crucial in ensuring flō’s successful market entry. Additionally, his expertise in Product Life Cycle Management (PLM) will guide the company as it transitions from the development phase into a phase of growth and market expansion.
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