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 company makes a series of devices, the MyEye 1 and MyEye 2.0, that clip to the side of a pair of glasses and also contain an earpiece. The device is designed for people with visual impairments who are unable or unwilling to use their hands but have trouble using voice commands. The investments bring OrCam's total funding to $130m, 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 device is designed for people with visual impairments who are unable or unwilling to use their hands but have trouble using voice commands. The investments bring OrCam's total funding to $130m, giving the company a valuation of $1bn.