Markennovy has announced the completion of a significant debt and equity funding package.

The European-based provider of precision contact lenses has acquired investment from Bond Capital Partners, a London-based investor, and has also secured debt finance from Alantra, an investment bank and asset management firm.

Markennovy CEO and majority shareholder, George Sarrouf, said: ‘This newly founded alliance allows us to accelerate new product development focused on an almost infinite choice of daily and monthly soft contact lenses.

‘With a significantly wider range of materials, geometries and parameters we will provide access to contact lens wear that previously was unavailable.’