Imvi Labs has recently successfully closed a capital round resulting in 4 MSEK in investments, the company's largest issuance to date. This capital injection is intended primarily to support the company's sales development and help realize its vision:
Imvi - Improving Vision, Impacting Lives and Society
Imvi Labs is revolutionizing the field of improved eye-hand coordination with its innovative training method. This method, which includes a mobile app and VR glasses, was developed in collaboration with researchers at Karolinska Institutet. Over the past year, Imvi Labs has primarily focused on helping people suffering from vision problems, reading difficulties and dyslexia.
Typical results from Imvi Labs training include increased reading speed and the ability to read for longer periods of time with concentration. These improvements have led to better school performance and increased self-confidence among users.
A variety of positive effects
Imvi Labs offers its training to private individuals through its webshop, and it has been an opening to help people with various ailments. This includes individuals suffering from ADHD and concentration problems. But also double vision and fatigue after stroke, concussion and post-covid. For these groups, the training has also resulted in positive changes that, in addition to the aforementioned, include improved field of vision, better memory and increased energy levels.
Imvi Labs has also focused on another target group. This includes people who already have a fast reading speed but want to increase it further and make reading more comfortable. It is worth noting that a 15 percent increase in reading speed is equivalent to three freed-up work weeks per year. An interesting aspect is that the hours that users spend on training can be combined with watching content they would have consumed anyway.
Expansion and new partnerships
Over the past year, Imvi Labs has launched its training in Swedish in Finland, and several schools in Åland and Ostrobothnia have become satisfied users.
Since its most recent capital raise in September 2022, the company has improved training by enabling training with streamed content. Users can now train with content of their choice from platforms such as YouTube, SVT Play and UR.
Additionally, Imvi Labs recently announced a partnership with Edtech company Binogi, which means that Binogi's curriculum-aligned animated film content will be available as part of Imvi training.
Imvi Labs has also developed its own reading test that enables the training to be used in Swedish and English, with the possibility of easily translating it into more languages.
Visibility and Engagement
The company's CEO Peter Carlsson says: “Over the past year, Imvi Labs has actively participated in several events and initiatives to raise awareness of our innovation. These include participation in SETT fair , Optometry Days , Almedalen Week together with ATEA , The Dragon's Nest , Rapidus' new podcast "Lejonkulan," Dyssepodden and the final of the business idea competition Business Challenge .
With this latest capital injection, Imvi Labs will accelerate its work to improve people's lives by making reading easier and more efficient.”
