Israel - based company OrCam has completed a $ 30.4 m funding round to support development and expansion of its healthcare - orientated AR devices . Using machine vision , a technology usually found in autonomous cars , the company has created an earpiece and other devices that clip to a pair of glasses and help blind and visually impaired users navigate the world around them . The MyEye products can recognise up to 100 faces , read text to the user and count out the amount of bills , among other functionality . The investments bring OrCam 's total funding to $ 130 m , giving the company a valuation of $ 1bn .
Israel-based company OrCam has completed a $30.4m funding round to support development and expansion of its healthcare-orientated AR devices. Using machine vision, a technology usually found in autonomous cars, the company has created an earpiece and two devices that clip to a pair of glasses and help blind and visually impaired individuals navigate the world around them. The MyEye products can recognise up to 100 faces, read text to the user and work out the amount of bills, among other functionality. The investments bring OrCam's total funding to $130m, giving the company a valuation of $1bn.