In a recent development, Barcelona-based digital mental healthcare provider, Koa Health, has announced it closed an oversubscribed €30M Series A funding round … The company had raised the funds back in October 2020 and had also announced its spin-out from Alpha, Telefónica’s startup factory. [Read more…] about Digital mental health start-up Koa Health raises €30M to accelerate growth in Europe and the US
“Aural Analytics, a startup using speech analytics algorithms to gauge changes in brain health, has raised $4.3 million in seed funding … The artificial intelligence engine collects speech samples through a smartphone or tablet app, and uploads these to a cloud server for analysis. From these, [Read more…] about Startup Aural Analytics raises $4.3M to monitor neurological health by analyzing speech patterns
“Can a smartphone detect whether a user is suicidal or depressed?
That’s the promise of an exploding number of mental health entrepreneurs, who are exploring opportunities to monitor users’ smartphone behavior to detect a variety of symptoms — all with their consent. [Read more…] about Mental Health Innovation and Dr. Tom Insel: from the NIMH to Google/ Verily Life Sciences to Startup Mindstrong
Peter Thiel’s philanthropic fund invests in brain health startup Neumitra (Boston Business Journal):
“Breakout Labs, a Silicon Valley-based philanthropic fund launched by PayPal founder Peter Thiel, has made its first Boston investment, in brain health startup Neumitra.
Neumitra’s technology measures the effects of stress on brain health performance in various ways, from wearable technology to tablet and mobile software and algorithms…Though Breakout Labs did not disclose the exact amount of the investment, the grant-making organization typically invests up to $350,000 in each startup…”