# Motif Neurotech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/motif-neurotech

- Industry: Medical Devices & Equipment
- Headquarters: Houston, US
- Website: www.motifneuro.tech/
- Total disclosed funding: $15M
- Latest round: Series A (Jan 12, 2024)
- Investors on record: 10

## About

Based in Texas, US, and founded in 2022 by Jacob Robinson (CEO), Motif Neurotech, Inc. operates as a medical technology company that designs and manufactures medical devices for treating mental health disorders like the minimally-invasive bioelectronics system. In January 2024, Motif Neurotech, Inc. raised USD 18.75 million in series A funding led by Arboretum Ventures, with participation from KdT Ventures, Satori Capital, Dolby Family Ventures, and re.Mind Capital,etc. 

Motif is an expert in surgical bioelectronics for mental health, having developed the first pea-sized brain stimulator for people. The company's implant provides precise brain stimulation without making direct contact with the brain, with the goal of reducing depression. The company, which specializes in wireless power and data, is exploring ways to create small implants for tissue stimulation and diagnostic readings. This technology enables gentle electrical therapy, allowing patients to rebuild neural circuits successfully.

The company plans to use the January 2024 funding to advance the development of its lead product DOT microstimulator, a miniature brain pacemaker.

## Funding rounds

- Series A, Jan 12, 2024, $15M — Arboretum Ventures, Satori Capital, Capital Factory, Dolby Family Ventures, Texas Medical Center Ventures, KdT Ventures, re.Mind Capital, PsyMed Ventures, XEIA Venture Partners, Divergent Capital

## Investors

- Arboretum Ventures (https://capitalatlas.ai/funds/arboretum-ventures) — Series A
- Satori Capital (https://capitalatlas.ai/funds/satori-capital) — Series A
- Capital Factory (https://capitalatlas.ai/funds/capital-factory) — Series A
- Dolby Family Ventures (https://capitalatlas.ai/funds/dolby-family-ventures) — Series A
- Texas Medical Center Ventures (https://capitalatlas.ai/funds/texas-medical-center-ventures) — Series A
- KdT Ventures (https://capitalatlas.ai/funds/kdt-ventures) — Series A
- re.Mind Capital (https://capitalatlas.ai/funds/re-mind-capital) — Series A
- PsyMed Ventures (https://capitalatlas.ai/funds/psymed-ventures) — Series A
- XEIA Venture Partners — Series A
- Divergent Capital (https://capitalatlas.ai/funds/divergent-capital) — Series A