Another company has stopped working on smart contact lenses

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Another company has stopped working on smart contact lenses
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And laying off most of its staff.

The post says the reason for the change is that Mojo hasn’t been able to keep raising money to work on its smart contact lens.

“The slumping global economy, extremely tight capital markets, and the yet-to-be proven market potential for advanced AR products have all contributed to a situation where Mojo Vision has been unable to find additional private funding,” wrote Perkins., it was clearly still far from hitting the market.

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