MobiHealth News March 18, 2025
The funds will be used to enhance the company’s development of the Brain-Data-as-a-Service Ecosystem and expand its platform’s brain database.
Brain.space, the maker of an EEG helmet, announced an $11 million Series A funding round led by Toyota Ventures, with participation by Mangrove Capital Partners and The Group Ventures.
The company also received a $3.5 million non-dilutive grant from the Israel Innovation Authority.
WHAT IT DOES
Brain.space’s EEG database allows brain activity to be more easily shared with researchers, physicians and pharma companies to study brain abnormalities and diseases.
Brain.space created its Brain-Data-as-a-Service Ecosystem that uses standardized brain data to develop large mental models (LMMs) that understand and predict human behavior.
According to the company, LMMs integrate...