Verve Ventures’ Post

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Our portfolio company Retinai announced today the successful closing of its USD 6.18m (CHF 5.65m) Series A Extension round. Led by a new investor, the Corporate Venture Capital arm of Topcon Healthcare, the round included Zürcher Kantonalbank alongside existing investors from both Series A and Seed rounds, Verve Ventures, the btov Industrial Technologies fund managed by Matterwave Ventures, and private investors. To facilitate its evolution and growth, the company has also concluded its corporate restructuring, with RetinAI Medical AG rebranded as Ikerian AG to spearhead the use of its technology beyond ophthalmology and the wholly-owned subsidiary Retinai U.S. Inc. focused on the ophthalmology market. The new funds will support the continued development and commercial roll out of RetinAI Discovery® in ophthalmology and optometry and Ikerian's expansion into new therapeutic areas prioritizing neurodegenerative disorders, vascular conditions and rare diseases. Read the full press release: https://lnkd.in/gxW54UEu #fundingnews #retinai #ai #ophtalmology #technology #health #optometry

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Wanja Humanes, CFA

CEO and Managing Partner at Kickfund

2mo

Congrats Carlos Ciller and team! 🤗

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