July 2014 | IPF Partners provides up to €8m Debt Financing to i-Optics
Luxembourg, 21 July 2014.
IPF Partners today announced that it has provided debt financing of up to €8 million to i-Optics B.V., a Dutch medical technology company committed to the design, development and marketing of eye diagnosis solutions.
The investment recognises the high growth prospects of i-Optics with its innovative EasyScan® and Cassini® eye diagnostic devices. i-Optics recently announced the signing of a multiple-year distribution contract whereby Hoya, the global optics leader, will launch EasyScan® in the Netherlands, Germany, Spain, Austria, Italy and the USA this summer and both parties expect to extend the rollout to further territories in 2015. Cassini® was launched in September 2013 and was recognized as breakthrough technology at the 2014 annual meeting of the American Society of Cataract and Refractive Surgery.
The funding will predominantly be used to help the company accelerate the roll-out and further development of both products.