Parkwalk Opportunities Fund has invested in Dynamic Vision Systems, a University of Manchester spinout developing smart contact lenses to address Presbyopia.

Information on the Target

Dynamic Vision Systems (DVS) is a spinout from the University of Manchester, established through collaborative research efforts with the University of Leeds. The company specializes in the development of smart contact lenses, particularly addressing the needs of individuals suffering from Presbyopia, a common age-related vision condition. DVS leverages advanced technology rooted in the expertise of professors in ophthalmology, liquid crystals, and innovative manufacturing techniques.

The company aims to revolutionize the approach to Presbyopia management, providing patients with a modern solution that surpasses conventional methods such as spectacles. By integrating cutting-edge technology into contact lenses, DVS hopes to enhance the quality of life for those impacted by this condition, which typically affects individuals from age 45 and sometimes even from age 35.

Industry Overview

The healthcare industry, particularly in the realm of vision correction, has seen significant advancements driven by technological innovation. Smart eyewear and contact lens technologies have garnered incr