Last deal

$500K

Amount

Seed

Stage

01.01.2022

Date

6

all rounds

$840K

Total amount

General

About Company
The company specializes in non-invasive brain stimulation technology for treating neurological and psychiatric diseases.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2017

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

The company has developed a proprietary brain stimulation device that uses high-frequency magnetic pulses for transcranial neuromodulation to treat neurodegenerative disorders such as Parkinson's disease and dementia. The technology is FDA cleared and has the same efficacy as hospital treatment, but can be used by patients directly from their homes, making it more accessible and cost-effective. Non-invasive brain stimulation is a widely-used treatment for depression, but the cost of the device and complexity of treatment application limits its use to hospitals.
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