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Ace Vision Group Announces the Closing of a $13.3 Million Series A Preferred Stock Round


Press release content from PR Newswire. The AP news staff was not involved in its creation.
Ace Vision Group Announces the Closing of a $13.3 Million Series A Preferred Stock Round
January 19, 2021 GMT
NEWARK, Del., Jan. 19, 2021 /PRNewswire/ Ace Vision Group, Inc, (AVG) an emerging ophthalmic laser device company focused on bringing innovative touchless Eye Laser Therapy (ELT) to patients suffering from age related vision loss, announced today that it closed a Series A preferred stock round totaling $13.3M, which is $3.3M oversubscribed. The funds from this round will be used to continue development and commercialization of its innovative VisioLite® Ophthalmic Laser, a touchless therapeutic device being developed for the treatment of age-related vision dysfunction. The company is also currently in pre-clinical development of its proprietary procedure, Laser Scleral Microporation® (LSM), a minimally invasive rejuvenation procedure for the treatment of presbyopia, g ....

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