Neurode Pty Ltd
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Neurode Pty Ltd - overview
Established
2021
Location
Sydney, NSW, Australia
Primary Industry
Medical Devices & Equipment
About
Based in Sydney, Australia, and founded in 2021 by Damian Sofrevski and Nathalie Gouailhardou, Neurode Pty Ltd is a medical device company that operates as a developer of non-invasive wearable devices that improve cognitive performance for people with neurological conditions. In September 2024, Neurode Pty Ltd raised USD 5. 3 million in venture funding from various investors. Neurode is developing a wearable headband designed to treat and monitor ADHD symptoms in a non-invasive, drug-free manner.
The headband delivers mild brain stimulation to address underactivity in the frontal cortex associated with ADHD, aiming to improve focus, impulse control, and memory. Additionally, the device tracks brain activity changes over time, allowing users to monitor their progress. The platform includes an AI assistant named Rae, which helps users manage tasks and cope with overwhelm. The device also provides a real-time view of brain activity, offering insights into the effectiveness of the treatment for ADHD symptoms.
The company intends to use the September 2024 funding to enhance its cutting-edge headgear made to help those with ADHD.
Current Investors
SOSV, HAX
Primary Industry
Medical Devices & Equipment
Sub Industries
Diagnostic Equipment, Therapeutic Devices, Medical Software, Analytics & Performance Software
Website
www.neurode.com.au/
Verticals
Artificial Intelligence, Manufacturing, Wearables & Quantified Self
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.