May 21, 2018
Eye telemedicine company Simple Contacts announced it raked in $16 million in Series B funding at the end of last week. The latest round, which was led by Waypoint Capital Partners with participation from returning investors Goodwater Capital, Steven Cohen, executives from Flatiron Health and a number of ophthalmologists, brings the company’s total funding to $26 million.
The company allows...
April 12, 2018
The FDA has granted diagnostics company IDx’s De Novo request to market its AI-based software system for the autonomous detection of diabetic retinopathy in adults who have diabetes, called IDx-DR.
This decision represents the first AI-based diagnostic system authorized by the FDA for commercialization in the US that can provide a screening decision without the need for clinician interpretation,...
December 20, 2016
Microsoft India is launching a research group that will leverage artificial intelligence to deliver large-scale eye care in collaboration with Hyderabad-based L V Prasad Eye Institute. The Microsoft Intelligent Network for Eyecare (MINE) will work with a consortium of research and technology institutions around the world, including the University of Miami, Federal University of Sao Paulo and...
July 5, 2016
DeepMind, a UK-based subsidiary of Google, today announced a new research project with National Health Service specialist Moorfields Hospital to use artificial intelligence to detect and treat blindness-causing eye diseases.
The project is DeepMind’s second collaboration with NHS, although earlier projects did not use AI. Using a million anonymous eye scans, the research partnership will...
May 26, 2015
VSP Global, a business that operates vision benefits plan VSP Vision Care as well as several other eye care companies, has built a pair of glasses with activity tracking sensors built in. The project, called Project Genesis, comes out of VSP's innovation lab The Shop.
"We’re looking at a really exploding market in the wearable space," VSP Global CEO Jim McGrann told the Wall Street Journal in a...