Azalea Vision
Financials
Estimates*
EUR | 2021 | 2022 |
---|---|---|
EBITDA | (<1m) | <1m |
Profit | (2.8m) | (2.6m) |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Spinout | ||
€1.8m | Grant | ||
€8.0m | Series A | ||
Total Funding | $10.8m |
Recent News about Azalea Vision
EditAzalea Vision is a healthtech startup dedicated to developing innovative products for individuals with vision disorders. The company focuses on creating solutions that are comfortable, discrete, and non-invasive, aiming to improve the quality of life for its users. Azalea Vision primarily serves patients suffering from conditions such as keratoconus (a disorder that affects the shape of the cornea), presbyopia (age-related difficulty in seeing close objects), and extreme light sensitivity.
Operating in the health technology market, Azalea Vision leverages advanced technology to design and produce specialized lenses. These lenses feature an embedded diaphragm that acts as a dynamic light filter, providing a tailored vision correction experience. The company's target clients include both individual patients and healthcare providers who seek effective and user-friendly vision correction solutions.
Azalea Vision's business model revolves around the research, development, and commercialization of its proprietary lens technology. The company generates revenue through the direct sale of its products to consumers and through partnerships with healthcare institutions and professionals. By continuously innovating and improving its product offerings, Azalea Vision aims to maintain a competitive edge in the healthtech industry.
The company places a strong emphasis on its culture and values, promoting open-mindedness, continuous communication, critical thinking, and hard work. This collaborative environment is designed to foster innovation and drive the company towards its goal of being a leader in the vision health sector.
Keywords: healthtech, vision disorders, innovative lenses, keratoconus, presbyopia, light sensitivity, non-invasive solutions, quality of life, healthcare providers, advanced technology.