Brainscope Receives Investment From The Alzheimer’s Drug Discovery Foundation For Alzheimer's Prediction Biomarker
Round Type
Venture
RockvilleBiotechnologyHealthcareHealth CareMedicalMedical DeviceHealth DiagnosticsInvestors
Description
Brain diagnostics innovator BrainScope announced today a new investment from the Alzheimer’s Drug Discovery Foundation (ADDF) in BrainScope’s current Series B equity financing round. This investment supports the ongoing development of a new Artificial Intelligence / Machine Learning derived brain-activity based biomarker to predict future onset of Alzheimer’s. The company is also evaluating whether its trauma related, FDA-cleared brain bleed biomarker might be effective in detecting ARIAs, a serious side effect of the newly FDA approved Alzheimer’s drugs, so that patients might avoid the expensive and time-consuming multiple MRI scans that are currently recommended.
Quick answer
BrainScope raised an undisclosed amount in a funding round, dated September 19, 2023. Investors: Alzheimer’s Drug Discovery Foundation. BrainScope is based in Rockville, Maryland, United States.
- How much did BrainScope raise?
- BrainScope raised an undisclosed amount in a funding round on September 19, 2023.
- Who invested in BrainScope?
- Alzheimer’s Drug Discovery Foundation is named as investors in this round.
- What does BrainScope do?
- BrainScope is a leading neurotechnology company using AI-powered EEG analysis to advance brain health.
- Where is BrainScope based and how big is it?
- BrainScope is based in Rockville, Maryland, United States. Fundz records about 30 employees.
- Who are the decision-makers at BrainScope?
- Fundz holds 1 contact at BrainScope. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Healthcare and Medical around the same time
Companies in the same sectors as BrainScope that raised within 45 days of this round, from Fundz verified event records.
- Optimize Systems raised $18M (Series B) on October 10, 2023.
- WaveFront Dynamics Inc. raised $5M on August 24, 2023.
- Greenbrook TMS raised $2M (Seed) on November 2, 2023.
- Planatome raised $6M on October 25, 2023.
- Lipella Pharmaceuticals raised $3.1M (Seed) on October 23, 2023.
- VitaTek raised an undisclosed amount (Series A) on October 22, 2023.
Who to call at BrainScope, and when
A new round usually means BrainScope is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day BrainScope raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at BrainScope, from your own LinkedIn network
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Related People
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