WIVI Vision, a Madrid, Spain-based health tech startup that provides gamified AI visual assessment and training solutions, has raised €4 million in Series A funding.
SaaS Investors
The round was led by Adara Ventures, with participation from Hearstlab, Avançsa, Caixabank DayOne, BBVA Spark, Banco Santander, Peak Thomas (Pedro Tortosa), VC Go GMBH, and others.
Adara Ventures is an investment firm that focuses on early-stage businesses in Europe and has a portfolio that includes companies specializing in cybersecurity, data applications and infrastructure, DevOps, hardware components, digital health, and the energy transition. In the last 18 years, the firm has invested in more than 40 companies and manages over €200M.
WIVI Vision Use of Funds
The mix of equity and debt financing will fuel domestic and international growth, expand the team, and support new technology development. With plans to drive international expansion, particularly in the United States through an exclusive distribution agreement with Vision Rehab Technologies, WIVI aims to become a reference in visual health assessment and training.
About WIVI Vision
Founded in 2016 by Eva García Ramos and Juan Carlos Ondategui-Parra, WIVI Vision specializes in the healthcare technology sector. The company offers visual function assessments and training, providing personalized plans for patients with visual dysfunctions. WIVI Vision's solutions cater to individuals requiring visual assessment and training, and 3D technologies for measurements at an accessible price point. WIVI utilizes big data and AI technology to assess and treat visual dysfunctions, offering personalized training programs through a user-friendly 3D game interface.
Funding Details
Company: WIVI Vision
Raised: €4.0M
Round: Series A
Funding Month: February 2024
Lead Investors: Adara Ventures
Additional Investors: Hearstlab, Avançsa, Caixabank DayOne, BBVA Spark, Banco Santander, Peak Thomas (Pedro Tortosa), VC Go GMBH
Company Website: https://wivivision.com/
Software Category: AI Visual Assessment and Training Solution
Source: https://siliconcanals.com/news/startups/spanish-wivi-vision-gets-4m/