Bilbao-based WIVI Vision is making waves in the field of visual health with its innovative approach to improving visual efficiency and treating visual dysfunctions. Recently, the company announced the successful closure of a €4 million funding round led by Adara Ventures, a prominent early-stage venture capital firm focusing on deep tech companies in Europe. Joining Adara Ventures in this round are other notable investors including Hearstlab, Avançsa, Caixabank DayOne, BBVA Spark, Banco Santander, as well as current partners like Peak Thomas (Pedro Tortosa) and VC Go GMBH.

 

This Series A financing round, comprising a mix of equity and debt, marks a significant milestone for WIVI Vision. It not only provides the company with the necessary capital to bolster its domestic and international expansion efforts but also accelerates the growth of its team and the development of new technologies. With a total funding of €7 million raised to date, WIVI Vision is poised to continue driving change and modernization in the optical and visual health sector.

 

Eva García Ramos, CEO and co-founder of WIVI Vision, expressed her enthusiasm about the new funding, emphasizing its importance in advancing the company's ambitious growth plan both locally and globally. She highlighted the company's proven ability to enhance visual health and quality of life for both children and adults through accessible and tailored technology-driven solutions.

 

Rocío Pillado, Partner at Adara Ventures, echoed these sentiments, praising the expertise of WIVI Vision's leadership team and the effectiveness of its technology-driven approach to visual therapy. She emphasized the company's commitment to making a positive impact on lives worldwide.

 

Founded in 2016, WIVI Vision has rapidly gained traction, establishing a presence in over 70 specialized visual health centers across Spain. The company has forged partnerships with leading optometrists, optical centers, technology companies, hospitals, and academic institutions. WIVI Vision recently announced plans for international expansion, signing an exclusive distribution agreement with Vision Rehab Technologies, Inc. (VRTI) to introduce its technology in the United States.

 

WIVI Vision's technology, which leverages artificial intelligence, Big Data, and 3D technologies, offers groundbreaking visual assessment and training solutions. By gamifying the process, the platform provides personalized training programs tailored to each patient's needs. This not only makes the experience enjoyable but also motivates patients to complete their treatment regimens effectively.

 

One of the key differentiators of WIVI Vision's solution is its ability to provide clinical assistance to specialists by objectively assessing the visual system's capabilities and providing valuable data for informed decision-making. This data-driven approach sets WIVI Vision apart from traditional methods and underscores its commitment to delivering scientific and technological solutions that improve patients' lives.

 

Looking ahead, WIVI Vision is poised for continued growth and impact. With the support of its investors and partners, the company aims to expand its reach globally, offering its transformative visual health solutions to individuals and communities around the world. As the company continues to innovate and evolve, it is set to play a pivotal role in shaping the future of visual health care.