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'Fitbit for the brain' Cumulus raises £6m for its neuroscience headset


‘Fitbit for the brain’ Cumulus raises £6m for its neuroscience headset
Image: © jalisko/Stock.adobe.com
The Belfast start-up will use the funds to expand development of its technology for gathering and analysing data for clinical trials.
Belfast-based start-up Cumulus Neuroscience, which is developing a ‘Fitbit for the brain’, has raised £6m.
The start-up, previously known as BrainWaveBank, is building an electroencephalogram (EEG) headset and AI-powered software to analyse brain activity and develop therapies for the central nervous system.
The funding was led by Dementia Discovery Fund, a £250m venture capital fund that invests in start-ups building technologies to treat dementia. Other backers in the round included LifeArc, a medical research charity, and the UK government’s Future Fund. The start-up raised €1.2m last year. ....

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Cumulus Neuroscience Announces £6 million Funding Round Led by the Dementia Discovery Fund and joined by LifeArc and UK Future Fund


Cumulus Neuroscience Announces £6 million Funding Round Led by the Dementia Discovery Fund and joined by LifeArc and UK Future Fund
- Proceeds to be used to advance next-generation integrated physiological and digital biomarker platform that provides clinical trial data and AI-powered insights, to accelerate the development of life-changing CNS therapies
- Platform addresses the significant unmet need for faster, more robust, and cost-effective execution and evaluation of neuroscience clinical trials, in a real-world setting
- Platform has been designed by industry to provide a gold standard measurement of disease progression and treatment response for new CNS therapeutics
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