Cipia Vision Ltd announced a private placement of 36,612,753 restricted common shares at an issue price of ILS 0.89 per share for gross proceeds of ILS 32,585,350.17 on September 29, 2022. The transaction led by returning individual investor, Alexandre Weinstein, and included from participation from Cartridge Holdings Ltd, and individual investor, Professor Eli Talmor. The transaction was approved by board of directors of the company.