A campus-based health care startup with a device that employs virtual reality gaming to correct a vision dysfunction – technology designed and developed by a professor and a team of students, now alumni, in a biomedical engineering lab at New Jersey Institute of Technology (NJIT) – has received a $500,000 commitment from Foundation Venture Capital Group, LLC, an affiliate of New Jersey Health Foundation (NJHF). OculoMotor Technologies (OMT), which at an earlier stage in its development received two $50,000 innovation grants from NJHF to advance the device, is the first NJIT-originated company to secure equity capital from the organization’s related venture group. Please read more here.