VisionCare Ophthalmic Technologies, a US-based maker of telescopes for people facing blindness, has raised $31m in its series E round with Italian insurer Generali joining the consortium as a new investor.
The Italian firm invested through its Generali Financial and BSI subsidiaries in VisionCare.
Two venture capital firms were also new investors in the series E: Saints Capital, which led the round, and Giza Ventures. Return backers were Pitango Venture Capital, Three Arch Partners, Onset Ventures and Newbury Acquisitions Fund/Infinity CSVC Management.
However, Boston Scientific, which had been a new investor in VisionCare’s $20m series D round in January 2005, was not mentioned.
VisionCare’s $17.2m series C round closed in 2002.