PowerVision Overview
- Year Founded
-
2002
- Status
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Acquired/Merged
- Employees
-
500
- Latest Deal Type
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M&A
- Latest Deal Amount
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$424M
PowerVision General Information
Description
Developer of implantable intraocular lenses designed to restore the vision of individuals affected by presbyopia or cataracts. The company's lenses offers fluid-based lens implants that meet the clinical and lifestyle needs caused by presbyopia and cataracts and are used to develop the most significant innovation in vision correction surgery, enabling young, middle-aged and elderly patients to regain their clear vision.
Contact Information
Website
www.powervisionlens.comCorporate Office
- 298 Harbor Boulevard
- Belmont, CA 94002
- United States
Corporate Office
- 298 Harbor Boulevard
- Belmont, CA 94002
- United States
PowerVision Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Merger/Acquisition | 13-Mar-2019 | $424M | Completed | Generating Revenue | ||
| 7. Later Stage VC (Series D) | 09-Aug-2018 | Completed | Generating Revenue | |||
| 6. Debt - General | 22-Nov-2017 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series D) | 26-Jul-2016 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series C) | 23-Jan-2012 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series B) | 12-Feb-2008 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 17-Mar-2006 | $2M | $11.7M | Completed | Startup | |
| 1. Early Stage VC (Series A) | 01-Dec-2004 | $9.7M | $9.7M | Completed | Startup |
PowerVision Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D | ||||||||
| Series C | ||||||||
| Series B | 26,871,774 | $0.001000 | 8% | $0.76 | $0.76 | 1x | $0.64 | 10.76% |
| Series A | 20,610,978 | $0.001000 | 8% | $0.46 | $0.46 | 1x | $0.46 | 7.09% |
PowerVision Comparisons
Industry
Financing
Details
PowerVision Competitors (1)
One of PowerVision’s competitors is Cristalens, a Venture Capital-Backed company based in Eragny, France.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Cristalens | Venture Capital-Backed | Eragny, France |
PowerVision Patents
PowerVision Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2019089515-A1 | Intraocular lenses and peripheral portion stabilization | Inactive | 01-Nov-2017 | ||
| WO-2017079733-A1 | Accommodating intraocular lenses and methods of manufacturing | Inactive | 06-Nov-2015 | ||
| WO-2016201351-A1 | Intraocular lens materials and components | Inactive | 10-Jun-2015 | ||
| WO-2014145562-A1 | Intraocular lens storage and loading devices and methods of use | Inactive | 15-Mar-2013 | ||
| JP-2020146526-A | Intraocular lens storage and loading devices and methods of using the same | Active | 15-Mar-2013 | A61F2/167 |
PowerVision Signals
PowerVision Former Investors (19)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Advanced Technology Ventures | Venture Capital | Minority | ||
| Aisling Capital | Venture Capital | Minority | ||
| Archer Venture Capital | Secondary Buyer | Minority | ||
| Correlation Ventures | Venture Capital | Minority | ||
| Frazier Healthcare Partners | PE/Buyout | Minority |
PowerVision FAQs
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When was PowerVision founded?
PowerVision was founded in 2002.
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Where is PowerVision headquartered?
PowerVision is headquartered in Belmont, CA.
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What is the size of PowerVision?
PowerVision has 500 total employees.
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What industry is PowerVision in?
PowerVision’s primary industry is Therapeutic Devices.
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Is PowerVision a private or public company?
PowerVision is a Private company.
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What is the current valuation of PowerVision?
The current valuation of PowerVision is .
-
What is PowerVision’s current revenue?
The current revenue for PowerVision is .
-
How much funding has PowerVision raised over time?
PowerVision has raised $124M.
-
Who are PowerVision’s investors?
Advanced Technology Ventures, Aisling Capital, Archer Venture Capital, Correlation Ventures, and Frazier Healthcare Partners are 5 of 19 investors who have invested in PowerVision.
-
Who are PowerVision’s competitors?
Cristalens is a competitor of PowerVision.
-
When was PowerVision acquired?
PowerVision was acquired on 13-Mar-2019.
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Who acquired PowerVision?
PowerVision was acquired by Alcon.
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