Healthtech start-up BrainWaveBank clinches £1m
March 21, 2017
BrainWaveBank, a brain health technology (healthtech) start-up, has raised £1m in funding from the Angel CoFund, techstart NI, Innovate UK and Invest Northern Ireland.
Founded in 2015, Belfast-based BrainWaveBank is developing technologies for the early detection of dementia. Combining a wearable device and a smartphone or tablet, users play games that challenge different cognitive skills, while recordings of their brain activity are taken.
This detects the earliest signs of cognitive decline and can offer advice on how to make lifestyle changes that encourage healthy aging of the brain.
The company hopes its technology will benefit medical and pharmaceutical researchers and help combat the problem of sports-related concussion leading to brain disorders in contact sports.
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