PowerVision raises $24 million with a little help from Medtronic

July 15, 2011 by MassDevice staff

Medtronic puts some skin in intraocular lens maker PowerVision Inc. to bring its series C funding round to $24 million.

Medtronic
PowerVision

Medtronic Inc. (NYSE:MDT) has signed on as an investor in a $24 million financing round for PowerVision Inc.

The Belmont, Calif.-based PowerVision develops intraocular lenses with a novel technology that uses fluid inside the lens that allows natural forces in the eye to change the lens' shape and provide better focusing ability.

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