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Dubai Startup Raises $250 Million for Night-Vision Contact Lens

A Dubai-based startup founded by a Russian and a Ukrainian raised $250 million to develop smart contact lenses that provide night vision, zoom capabilities and real-time health checks. The Series A round, led by Hong Kong-based Opportunity Venture (Asia) Ltd., values Xpanceo at $1.35 billion, the startup said in a statement Tuesday. Opportunity Venture provided $40 million in seed financing for the company in 2023....

Read more at bloomberg.com

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