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 . But computer vision and artificial intelligence have improved leaps and bounds in the meantime. The investments bring OrCam 's total funding to $ 130 m , giving the company a valuation of $ 1bn .
Israel - based company OrCam has completed a $ 30.4 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 .