Neurovalens raises £2.1M in funding and gains FDA approval for anxiety treatment wearable device
Apr 08, 2024•over 1 year ago
Amount Raised
£2.1 Million
Round Type
seed
Investors
Existing Investors
Description
Belfast-based healthtech company Neurovalens announced that it has closed a £2.1 million funding round with existing investors and gained FDA approval for its Modius Stress device, designed to treat anxiety by delivering noninvasive electrical stimulation to the head.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers