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There is a plan to expand its trial to more ambulances in the country to study its effectiveness.
It features more than 1,200 combinations of randomised simulated situations in a hospital ward.
The company also has pending approvals for the device in Australia and Thailand.
The layoffs represent 13% of the AI-backed genomic and clinical data company's workforce.
The Visibly Digital Acuity Product uses a touchscreen mobile device paired with a computer to test how sharp a user's vision is at a distance.
The online treatment has been licensed to Blue Note Therapeutics for the development of a counterpart version in North America.
A memo sent to employees from CEO David Ko said the company is "not immune to the impacts of the current economic environment."
The virtual reality startup said the investment brings its total raise to more than $30 million.
A live website about the offerings also details a partnership with digital mental health company Ginger.
Also, engineers from the University of Hong Kong have come up with a tiny biosensing platform for personalised health monitoring.