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Elemind raises $12M for neurotech wearable that can help your brain and let you sleep better

Feb 06, 2024almost 2 years ago

Amount Raised

$12 Million

CambridgeConsumer ElectronicsMedicalArtificial IntelligenceBiotechnologyHealth Care

Description

Elemind, a neurotechnology startup, has raised $12 million in funding to develop an innovative AI-enhanced neurotech wearable that can improve sleep and calm the mind via brainwave stimulation. The company emerged from stealth with the aim of addressing health issues through noninvasive, proactive brainwave stimulation.

Company Information

Company

Elemind

Location

Cambridge, Maryland, United States

About

Elemind is a neurotechnology startup founded by leading neuroscientists, medical doctors, and entrepreneurs. The company is developing an innovative AI-enhanced neurotech wearable that aims to address health issues through noninvasive, proactive brainwave stimulation.

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Funding Insights

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech