During a quiet week in the NYC tech sector, catch up on which companies are still making new moves. This is the Built In NYC weekly refresh.
GlassesUSA.com secured $45M. The company is a subsidiary of Optimax Eyewear, and it provides customers with prescription and non-prescription glasses at affordable prices. With the fresh cash from Tene Investment Fund, the online retailer plans to fund future expansion plans including a U.S.-based fulfillment center, furthered research and development as well as broadened customer service solutions. [PR Newswire]
NYC is investing $38M in biotech. As part of an initiative to establish the city as a public health destination, city officials are planning to invest in applied R&D facilities at Columbia University, Montefiore-Einstein, the New York Stem Cell Foundation and Rockefeller University. Each facility will work toward the goal of advancing new patient treatments. [New York Business Journal]
NYC Tech Quote of the Week
K Health raised $132M. With its AI-based health platform, users can receive answers to their medical inquiries based on a database containing billions of health records. The Series E round for K Health was led by GGV Capital and Valor Equity Partners. With the new funding, K Health will continue to pursue its goal of creating a global, integrated health system, as well as grow its team at its NYC headquarters. [Built In NYC]
Amazon opens another Bronx location. The e-commerce giant’s new delivery station is located at 1055 Bronx River Ave. and spans 205,000 square feet. The Soundview location creates 140 job openings for full- and part-time employees, as well as hundreds of driver opportunities. Amazon is also planning on opening yet another Bronx location at Hunts Point at 511 Barry Street. [Bronx Times]
