AET is a spinout from the optometry department of Aston University and was established to allow the commercialisation of their AI intellectual property. AET aims to disrupt the optometry industry by combining high quality portable and digital eye tests with artificial intelligence driven software platforms.
Carl Francis, CEO of AET, said: “Our Series A round was complex and international, and the team at BWB did a great job of getting it over the line. I have worked with them on a number of transactions, and am always impressed at the pace they move and their pragmatic approach.”
The transaction demonstrates Bates Wells’ corporate finance practice and expertise in the technology sector.