Nordic Secondary Fund II has secured its first investment in Finland by acquiring a stake in innovative eyewear company Pixieray Oy.
Information on the Target
Pixieray Oy, founded in 2021 and headquartered in Espoo, Finland, is an innovative company operating within the eyewear industry. The firm specializes in advanced optical technology aimed at enhancing vision solutions for users. Its inaugural product is designed to assist farsighted individuals, allowing them to read and work with optimal clarity while eliminating the inconvenience of switching between various multifocal glasses.
In addition to providing clarity for users, Pixieray's groundbreaking technology offers an expanded field of view compared to traditional multifocal lenses. This solution is adaptable, allowing wearers to adjust the optical power over time to accommodate changes in their vision needs. Ultimately, Pixieray aims to transform the eyewear experience by delivering exceptional visual quality across all settings.
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Industry Overview in Finland
The eyewear industry in Finland has seen a significant transformation in recent years, primarily driven by technological advancements and heightened consumer awareness regarding vision care. As a part of the broader healthcare market, the Finnish eyewear sector focuses on
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Nordic Secondary Fund II
invested in
Pixieray Oy
in 2023
in a Growth Equity & Expansion Capital deal