“Wysa, the leading global AI-powered mental health platform, today, during Mental Health Awareness Month, announced a $5.5M Series A financing round led by W Health Ventures, a Boston-based digital health investor. Others participating in the round include the Google Assistant Investment program, and existing investors pi Ventures and Kae Capital. Wysa will use this capital to support its offering to employers who want to expand their mental health benefits, as well as scale up Wysa’s sales team and therapist network. [Read more…] about Artificial Intelligence (AI)-enabled chatbot Wysa raises $5.5M to broaden access to mental health support
Teladoc builds out mental healthcare services with myStrength Complete (MobiHealthNews):
Virtual care giant Teladoc is building out its behavioral health services through its latest program, myStrength Complete.
The new offering is designed to give users a single integrated mental healthcare experience. It combines the app-based models of care from myStrength with Teladoc’s on-demand therapists and psychiatrists … The myStrength platform uses evidence-based clinical models such as cognitive behavioral therapy, positive psychology and mindfulness to help treat behavioral health conditions such as depression, anxiety, insomnia and substance use disorder. [Read more…] about Teladoc Health, having acquired Livongo and myStrength, launches integrated mental health service for the workplace
Post-traumatic stress disorder is a crippling, hard-to-treat psychiatric affliction. America spends billions of dollars yearly just on the veterans who suffer from PTSD. So it’s heartening to see the report of a promising new treatment, published Monday in Nature Medicine. [Read more…] about Study finds MDMA-assisted therapy to be safe and highly effective to treat severe PTSD
Why an evidence-driven approach is the best way for businesses to support workplace mental health (World Economic Forum):
Mental health has never been higher on the agenda for businesses. It is easy to see why, as even prior to COVID-19, anxiety and depression were estimated to cost the global economy over $1 trillion every year in lost productivity. The exodus from offices in 2020 has presented further challenges and raised big questions about future ways of working … The absence of a deep and robust evidence base for approaches to supporting workplace mental health is a problem and can lead to well-intentioned businesses making critical and sensitive decisions in the dark. At best, such interventions are working and we just don’t know why or, at worst, they could be causing harm to workforces…
With the explosion in digital entertainment options over the past several decades and the more recent restrictions on outdoor and in-person social activities, parents may worry that excessive engagement with digital technology could have long-term effects on their children’s mental health.
A new study published in the journal Clinical Psychological Science, however, found little evidence for an increased association between adolescents’ technology engagement and mental health problems over the past 30 years. The data did not consistently support the suggestion that the technologies we worry about most (e.g., smartphones) are becoming more harmful… [Read more…] about Study: Social media and general tech engagement not found to “fry” teenagers’ brains
Belfast-based Cumulus raises €6.9m for its ‘Fitbit for the brain’ (The Irish Times):
… Formerly known as BrainWaveBank, the company has developed a wireless electroencephalogram (EEG) headset and proprietary software platform that use advanced analytics and machine learning to measure cognitive fitness.
“This funding will allow us to build on the ground-breaking advances we have made in remote, frequent monitoring of brain activity and cognitive function in the home, in partnership with leading developers of digital biomarkers,” said Mr Cunningham, the company’s chief executive. [Read more…] about Cumulus Neuroscience raises $8.3M to develop EEG-based wireless ‘Fitbit for the brain’