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Israeli visual aid company OrCam valued at US$1b
Published Tue, Feb 20, 2018 · 09:50 PM
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Jerusalem
ISRAEL'S OrCam, which has developed a visual aid for the blind, has completed a funding round that values the company at US$1 billion, putting it on track for a planned initial public offering (IPO), its chief executive said on Tuesday.
The company raised US$30.4 million by selling an approximate 3 per cent stake to investors including Israel's Clal Insurance and Meitav Dash. That brought the total amount OrCa…
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