BrainQ Technologies
Latest round
- Series B
Last raised
- Aug 2021
Total raised
- $40M
Investors
- 9
About BrainQ Technologies
BrainQ Technologies Ltd. specializes in developing AI-driven, noninvasive solutions to enhance stroke recovery.Founded in 2016, BrainQ Technologies Ltd. operates from its headquarters in Jerusalem, Israel. The company focuses on providing advanced rehabilitation solutions through AI-powered technology. Co-founders Esther Shohami, Yaron Segal, and Yotam Drechsler, alongside CEO Alexander Svadkovskiy, have guided the company's development. and OurCrowd.BrainQ specializes in an innovative, AI-powered, noninvasive solution designed to aid stroke recovery through tailored electromagnetic stimulation. This technology offers a breakthrough approach to rehabilitation by facilitating targeted stimulation of neural networks, which is crucial for maximizing brain learning capabilities. The core product is a device that delivers low-intensity, low-frequency electromagnetic stimulation, allowing users to engage in their recovery process from the comfort of their homes or in clinical settings. The device has been granted FDA Breakthrough Device Designation, indicating its potential to significantly improve patient outcomes.BrainQ operates on a business model that includes direct-to-consumer sales and partnerships with rehabilitation clinics. The company generates revenue through the sale of its flagship device, which is marketed to both individual patients and healthcare providers. Transactions are structured around providing the device to consumers and clinics, where users pay for access to the technology aimed at enhancing stroke recovery. The company’s innovative therapy solutions are expected to be part of bundled service offerings in rehabilitation settings, contributing to comprehensive care for stroke patients.BrainQ Technologies Ltd.00 mn to advance its product offerings and expand into new markets. The company is designing additional products aimed at enhancing recovery processes for stroke patients and anticipates launching these innovations within the next 18 months. Furthermore, BrainQ is targeting expansion into regions in Asia and South America by the end of 2024, aiming to broaden its reach and impact in stroke rehabilitation solutions.
Who invested in BrainQ Technologies
9 investors across 1 round
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Funding rounds
Series B
Aug 16, 2021
Amount
$40M
Investors
Questions about BrainQ Technologies
Who invested in BrainQ Technologies?
BrainQ Technologies has 9 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has BrainQ Technologies raised?
BrainQ Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did BrainQ Technologies last raise money?
BrainQ Technologies's most recent round on record is a Series B, in Aug 2021.
What does BrainQ Technologies do?
BrainQ Technologies is a medical devices & equipment company.
Where is BrainQ Technologies headquartered?
BrainQ Technologies is headquartered in Jerusalem, Israel.
Which VCs invest in companies like BrainQ Technologies?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back medical devices & equipment companies at BrainQ Technologies's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series B
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