2 years ago

NuVision Secures £1.1 Million for Placenta-Based Healing Contact Lenses

  • NuVision, a Nottingham-based health tech company, has secured £1.1 million in funding for its wound dressings and contact lenses that utilize the inner layer of the placenta to heal eye injuries

  • The funding, led by Mercia Asset Management, will be used to advance the company's products

  • NuVision's technology, based on research by Dr Andy Hopkinson at the University of Nottingham, harnesses the benefits of amniotic membrane, a biocompatible scaffold for grafts or dressings, in a more powerful and effective format

  • The investment comes ahead of a planned Series A round next year, bringing NuVision's total funding to over £5 million.

      • ProblemHealthcare

      "healing eye injuries and supporting the recovery of ophthalmic conditions and soft tissue damage"

      Solution

      "using amniotic membrane, the innermost layer of the placenta, in wound dressing and contact lenses"

      Covered on