#us$1b

Israeli visual aid company OrCam valued at US$1b

Tue, Feb 20, 2018 – 12:26 PM [JERUSALEM] Israel’s OrCam, which has developed a visual aid for the blind, has completed a funding round that values the company at US$ 1 billion, putting it on track for a planned initial public offering (IPO), its chief executive said on Tuesday. The company raised US$ 30.4 million by selling an approximate 3 per cent stake to investors including Israel’s Clal…