Financials

Estimates*

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Revenues, earnings & profits over time
EUR201820192020
Revenues--<1m
EBITDA(<1m)<1m(<1m)
% EBITDA margin--(28 %)
Profit(<1m)<1m(<1m)
% profit margin--(175 %)
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DateInvestorsAmountRound
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N/A

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N/A

€65.0k

Early VC

€35.0k

Grant

€77.0k

Grant

€50.0k

Grant

€10.0k

Grant

€10.0k

Grant

€30.0k

Grant

€200k

Angel

€250k

Grant

€150k

Debt

N/A

Support Program
*

€15.0k

Grant

€436k

Grant
*

€2.5m

Grant
Total FundingAUD6.3m

Recent News about BIEL GLASSES

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More about BIEL GLASSESinfo icon
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Biel Glasses is an innovative startup focused on improving the lives of individuals with low vision. The company was founded by Constanza Lucero, a medical doctor, and Jaume Puig, an electronics engineer, inspired by their son Biel, who was born with low vision. After finding that existing solutions were inadequate, they set out to create advanced, affordable technologies to help visually impaired individuals navigate their daily lives more safely and independently.

Biel Glasses operates in the assistive technology market, specifically targeting people with low vision. Their primary clients include individuals with visual impairments, their families, and healthcare providers. The company's core product is a pair of smart glasses that utilize mixed reality to enhance the user's remaining vision. These glasses adapt lighting, enhance images, and offer zoom features. They also detect obstacles, changes in ground level, and street crossings, thereby improving mobility and autonomy for users.

The business model of Biel Glasses revolves around the sale of these smart glasses. They generate revenue by selling the product directly to consumers and through partnerships with healthcare institutions. The company also likely benefits from grants and investments aimed at advancing healthcare technologies.

In summary, Biel Glasses is dedicated to making the world more accessible for people with low vision through cutting-edge technology. By focusing on affordability and advanced features, they aim to significantly improve the quality of life for their users.

Keywords: low vision, assistive technology, smart glasses, mixed reality, obstacle detection, image enhancement, mobility, autonomy, healthcare, innovation.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.