# Elemind Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/elemind-technologies

- Industry: Consumer Products
- Headquarters: Cambridge, US
- Website: www.elemindtech.com
- Total disclosed funding: $7.3M
- Latest round: Seed (Apr 26, 2021)
- Investors on record: 6

## About

Founded in 2019 and based in Massachusetts, US, Elemind Technologies, Inc. operates as a provider of artificial intelligence-based neurotech wearables for brainwave stimulation. In February 2024, Elemind Technologies, Inc. raised USD 12 million in seed funding from new investors Village Global, LDV Partners, Massachusetts Institute of Technology, E14 Fund, Embark Ventures, and Wharton Alumni Angels, with participation from individual investors. As of February 2024, the company is led by its CEO Meredith Perry.

Elemind's flagship product is a wearable neuro device designed to augment sleep quality and enhance attentional focus. It utilizes neuroscience research and technology, the device works by delivering targeted neuromodulation to specific brain regions, promoting restorative sleep patterns and optimizing cognitive function. The device integrates into the user's daily routine, providing a non-invasive and user-friendly solution for improving overall well-being.

The company plans to use the seed funding to support the development of its product.

## Funding rounds

- Seed, Apr 26, 2021, $7.3M — E14 Fund, LDV Management, Embark Ventures, Massachusetts Institute of Technology, Village Global, Wharton Alumni Angels

## Investors

- E14 Fund (https://capitalatlas.ai/funds/e14-fund) — Seed
- LDV Management (https://capitalatlas.ai/funds/ldv-management) — Seed
- Embark Ventures (https://capitalatlas.ai/funds/embark-ventures) — Seed
- Massachusetts Institute of Technology — Seed
- Village Global (https://capitalatlas.ai/funds/village-global) — Seed
- Wharton Alumni Angels (https://capitalatlas.ai/funds/wharton-alumni-angels) — Seed