Adaptilens

Overview

Adaptilens is an innovative biotechnology company based in Boston, Massachusetts, specializing in the development of accommodating intraocular lenses (IOLs). Founded by Liane Clamen, Adaptilens aims to transform cataract surgery by providing biomimetic lens solutions that mimic the human eye's natural focusing ability. As of 2024, the company has successfully raised a total of $19.1 million, including a recent $17.5 million Series A financing round, which has been pivotal in advancing its research and development efforts.

Recent Developments

  • April 2024: Adaptilens secured a Series A financing round of $17.5 million led by Perceptive Xontogeny Venture Funds. The funding aims to support the progression of its accommodating intraocular lens (A-IOL) through first-in-human trials. Other investors included Pillar VC, 380 Cap, and Accanto Partners.
  • 2024: The company emphasized its commitment to using innovative polymer materials in its lens design, aiming to restore youthful vision for cataract patients, significantly reducing dependency on glasses or contact lenses.
  • May 2023: The company received recognition in the healthcare startup sector, being highlighted for its pioneering efforts in lens development that imitate natural human vision.
  • November 2023: Adaptilens showcased its technology's potential impact on improving the quality of life for cataract patients at various industry conferences.

Company Information

AttributeInformation
Founding DateNot explicitly stated
HeadquartersBoston, Massachusetts, United States
FounderLiane Clamen
RevenueNot publicly disclosed
ProfitsPre-clinical stage, profits not applicable
Key InvestorsPerceptive Xontogeny Venture Funds, Pillar VC
IndustryBiotechnology/Healthcare
Number of EmployeesApproximately 218 (LinkedIn data)

Early History

Adaptilens was founded with the goal of addressing the limitations of traditional cataract surgery, specifically the dependency on external vision aids post-surgery. Liane Clamen, who is an experienced ophthalmologist with a history of contributing to vision-correcting technology, spearheaded the initiative. The company began with seed funding of $1.6 million, supporting the early development of accommodating intraocular lenses designed to allow natural vision adjustment akin to the natural human lens.

Company Profile and Achievements

Adaptilens' business model focuses on the development and commercialization of intraocular lenses that can restore the eye’s ability to focus naturally at various distances. Their accommodating intraocular lens (A-IOL) technology leverages novel biomimetic materials to closely replicate the functioning of a youthful, healthy eye.

  • Product Innovation: Adaptilens developed a unique lens solution aimed at eliminating the need for eyeglasses by enabling clear vision across all visual ranges—near, intermediate, and distance.
  • Funding Milestones: Initially funded by a $1.6 million seed round in 2023 and followed by substantial Series A funding in 2024, aiding in accelerating the clinical trial processes.

Current Operations and Market Position

Adaptilens is in the pre-clinical stage, testing its A-IOL technology to potentially revolutionize cataract surgery standards. By focusing on biomimetic lens approaches, the company aims to tap into the rapidly growing market for ophthalmic solutions. It distinguishes itself through cutting-edge materials science and a commitment to fostering a future where cataract patients can regain near-natural vision without corrective eyewear.

Conclusion

Adaptilens represents a promising venture in the field of ophthalmology with its accommodating intraocular lens technology under development. With significant financial backing and a visionary leadership team, it stands poised to potentially transform cataract surgical procedures and improve outcomes for millions of patients worldwide. Future expansions and successful trials may cement its status as a leader in the biotechnology and visual healthcare industries.

References

  1. PRNewswire Source
  2. Finsmes Report
  3. Ophthalmology Times Coverage
  4. Crunchbase Profile
  5. Pillar VC Overview
  6. LinkedIn Company Page
  7. Innovation Labs at Harvard Overview
  8. Eyewire News Report