LumiThera, Inc. is a United States-based startup focused on developing therapies for degenerative eye diseases using Photobiomodulation. The company's flagship product, the Valeda® Light Delivery System, utilizes multiwavelength photobiomodulation to treat dry age-related macular degeneration (AMD). While CE Marked in the EU and available in select Latin American countries, it is not cleared by the Food & Drug Administration (FDA) in the USA. Additionally, their AdaptDx Pro® dark adaptation functional testing technology allows early detection and monitoring of AMD, and the Diopsys® ERG and VEP systems aid in analyzing visual and neuro-visual disorders. The last recorded investment for LumiThera was a significant $2.43M Venture Round investment on May 21, 2024. As the company continues to advance its innovative light-based solutions in the healthcare and manufacturing industries, it presents an intriguing opportunity for venture capital firms seeking to support groundbreaking technologies addressing critical medical needs.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $2.43M | - | 21 May 2024 | |
Debt Financing | $5.50M | 3 | Leste Clearway | 10 Mar 2022 |
Series C | $14.00M | 4 | Nikon | 08 Jul 2020 |
Series B | $5.50M | 3 | WaterStone Capital, RPR Venture | 31 Oct 2017 |
Venture Round | Unknown | 1 | 01 Dec 2016 |