Luxexcel receives € 4M for ophthalmic industries

Luxexcel announces that it has received an equity investment of € 4M (USD 4.7M) from Innovation Industries, a Netherlands based Venture Capital fund. The investment enables Luxexcel to accelerate the next-gen development of its 3D printing platform for prescription lenses for use in Augmented Reality and Virtual Reality applications.

Luxexcel has announced that € 4M (USD 4.7M) investment will be used for rapid expansion of the Luxexcel platform-functionality through dedicated (co-)development programs and partnerships in the domain of Augmented & Virtual Reality also known as AR/VR.

The Luxexcel Vision platform offers opportunities for both ophthalmic labs and AR/VR headset manufacturers. Ophthalmic labs use the Luxexcel Vision Platform to 3D print custom AR/VR lenses. The Luxexcel Vision Platform is fully integrated in current ophthalmic lab flow.

The Luxexcel platform consists of industrial grade optical 3D-printer, lens-design software, ophthalmic quality print materials and workflow integration tools which enables customers to manufacture 3D printed ophthalmic quality lenses that meet all industry standards.