Company name: EyeNetra Inc.
Industry: Medical device and software.
Location: Somerville, Massachusetts.
With the Rise of AI, What IP Disputes in Healthcare Are Likely to Emerge?
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Solution: A clip-on eye piece called Netra-G attaches to a mobile phone to provide a corrective prescription for glasses. The device can detect myopia, astigmatism and other eye conditions. The first tool is part of a cloud-based platform.
Money raised: $1 million (seeking another $200,000).
How it will be used: Company president declined to comment.
Investors: Unknown.
Management team: David Schafran, president; Ramesh Rashkar, co-founder and associate professor, MIT Media Lab.
Market size: $75 billion, according to EyeNetra.
Competitors: Unknown.