BrainWaveBank

company

About

BrainWaveBank makes it possible to measure and track brain activity and cognitive performance for anyone, anytime, anywhere.

Details

Last Funding Type
Seed
Last Funding Money Raised
£1.52M
Industries
Clinical Trials,Health Care,Health Diagnostics,Medical Device,mHealth,Neuroscience,Pharmaceutical
Founded date
Jan 1, 2015
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
BrainWaveBank Limited

BrainWaveBank has developed a first-in-class wearable electroencephalography (EEG) device to conveniently and non-invasively measure the mechanisms that underpin neurological disorders and therapies. Our platform can securely gather, store and analyse data from many thousands of users, building neurocognitive profiles of individuals and populations or demographic groups. This easy-to-scale and distributable approach will help clinical professionals to transform our understanding of brain health and develop the next generation of treatments.

BrainWaveBank was founded in January 2015 and has offices in Belfast , Northern Ireland and Dublin, Ireland.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
9
£12.58M
BrainWaveBank has raised a total of £12.58M in funding over 2 rounds. Their latest funding was raised on Dec 8, 2020 from a Convertable Note round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 8, 2020 Convertable Note £6M 3 Dementia Discovery Fund Detail
Jul 8, 2020 Seed £1.10M 5 Par Equity Detail
Jan 13, 2020 Series Unknown £267.70K 2 Par Equity Detail
Sep 16, 2019 Grant £637K 1 Innovate UK Detail
Aug 2, 2019 Seed £1.60M 4 Par Equity Detail

Investors

Number of Lead Investors
Number of Investors
9
11
BrainWaveBank is funded by 11 investors. Dementia Discovery Fund and Par Equity are the most recent investors.
Investor Name Lead Investor Funding Round
Dementia Discovery Fund Yes Convertable Note
Par Equity Yes Seed
Innovate UK Yes Grant
Invest Northern Ireland Yes Grant
Kx Technology Fund Yes Seed
Future Fund Convertable Note
LifeArc Convertable Note
ACF Investors Seed
British Business Investments Seed
Clarendon Fund Managers Seed

Employee Profiles

Number of Employee Profiles
6
BrainWaveBank has 6 current employee profiles, including Board member Hal Wilson
Board member
Executive
Board member
Executive
Board member