# LumiThera

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lumithera

- Industry: Medical Devices & Equipment
- Headquarters: Poulsbo, US
- Website: www.lumithera.com
- Total disclosed funding: $20M
- Latest round: Series C (Jul 8, 2020)
- Investors on record: 7

## About

Founded in 2013, LumiThera, Inc. is based in Poulsbo, US, and specializes in ophthalmic medical devices. The CEO and founder, Clark Tedford, has a background in developing health technologies. In July 2025,?Alcon Switzerland SA acquired LumiThera, Inc. from National Eye Institute, Leste, Celeste Management, Nikon Corporation, RPR Ventures, Imagine Ventures, Serengeti Asset Management, WaterStart Capital, WaterStar Capital and Keiretsu Forum. The deal was later completed in September 2025.
LumiThera focuses on innovative ophthalmic medical devices, particularly for retinal diseases like dry age-related macular degeneration (AMD). Their flagship product, the Valeda® Light Delivery System, is the only FDA-authorized treatment aimed at improving visual acuity for specific dry AMD classifications. The product employs photobiomodulation technology to enhance retinal health. Other offerings include the AdaptDx Pro and NOVA Vision Testing System, facilitating retinal health assessments and diagnoses in various international markets including the United States, European Union, United Kingdom, and parts of Central and South America.
LumiThera generates revenue primarily through the sale of the Valeda Light Delivery System, AdaptDx Pro, and NOVA Vision Testing System to healthcare providers and ophthalmology clinics. Their sales approach consists of direct transactions with medical facilities and partnerships with distributors. Pricing strategies vary, including one-time purchases for devices and subscription models for ongoing diagnostic services or consumables.

## Funding rounds

- Series C, Jul 8, 2020, $14M — Keiretsu Forum, Nikon Corporation, WaterStart Capital, Celeste Management, Imagine Ventures
- Series B, Oct 31, 2017, $5.5M — WaterStar Capital, RPR Ventures

## Investors

- WaterStar Capital (https://capitalatlas.ai/funds/waterstar-capital) — Series B
- RPR Ventures — Series B
- Keiretsu Forum — Series C
- Nikon Corporation — Series C
- WaterStart Capital — Series C
- Celeste Management — Series C
- Imagine Ventures (https://capitalatlas.ai/funds/imagine-ventures) — Series C