Nesos raises funding for medical device to âhackâ the brain By Syndicated Content
By Manas Mishra
(Reuters) - San Francisco-based startup Nesos raised $16.5 million on Thursday to fund a medical device that it hopes can train parts of the brain to treat inflammatory diseases such as rheumatoid arthritis.
The company s experimental device, which resembles a pair of wireless earbuds, uses electric fields to make changes, or hack the brain, according to Nesos Chief Executive Officer Konstantinos Alataris.
The product could also be quicker to reach the market than treatments from the neuroscience startup of Tesla Inc s CEO Elon Musk, said Ursheet Parikh, a partner at Mayfield Fund, the venture capital firm which led the funding round.