Graymatters Health Closes $10M Round A Funding And Partnership In Japan

Jan 11, 2022•over 3 years ago

Amount Raised

$10 Million

Haifa

Description

GrayMatters Health (GMH) developer of digital self-neuromodulation therapeutics for mental disorders, announced today the successful closing of its $10 million Series A financing round. Otsuka Medical Devices Co., Ltd. (OMD) was the lead investor in this round. In addition to its investment, OMD obtained certain rights with regard to Prism in Japan and other countries in Asia

Company Information

Company

Gray Matters Health

Location

Haifa, Haifa District, Israel

About

Founded by Rani Cohen, Shai Attia and Oded Kraft, GrayMatters Health (GMH) develops digital self-neuromodulation therapeutics for mental disorders to help patients regain agency over their emotion regulation. GMH offers Prism, a non-invasive adjunct therapeutic that utilizes novel neuroscience-based and brain-mechanism-specific biomarkers. The company's first product candidate, Prism for PTSD, is undergoing clinical investigation in five sites across the United States and Israel, to demonstrate its efficacy and safety as an adjunct to standard PTSD treatments. The novel technology was developed by Professor Talma Hendler and her team at Tel Aviv Sourasky Medical Center and Tel Aviv University. Learn more by visiting our website https://graymatters.health/ and following us on LinkedIn and Twitter.

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Graymatters Health Closes $10M Round A Funding And Partnership In Japan

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