InBrain Neuroelectronics announced today that it closed a Series B financing round with proceeds totaling $50 million. The Barcelona, Spain-based company also secured additional funding and support from Merck KGaA. This goes toward the clinical development of its technology in Merck KGaA’s therapeutic areas of interest. This boosts the translation of the company’s platform to […]
InBrain Neuroelectronics
Analysts see $400B BCI opportunity
Morgan Stanley analysts are betting big on brain-computer interface (BCI) technology as the hype continues to grow around the space. Kallum Titchmarsh, Adam Jonas, Patrick A. Wood, Drew Ranieri, Jakob Dodd, Roberto Valdes Sanchez Navarro and Justin X. Wang of Morgan Stanley recently released a report questioning if BCIs are “The Next Big MedTech Opportunity?” […]
InBrain Neuroelectronics announces first-in-human BCI procedure
InBrain Neuroelectronics today announced the first human procedure using its cortical brain-computer interface (BCI) technology. The procedure took place at Salford Royal Hospital, part of the Northern Care Alliance NHS Foundation Trust in Manchester, U.K. Dr. David Coope, a neurosurgeon and chief clinical investigator, led the study with Kostas Kostarelos, the chief scientific investigator and […]
Another 5 brain-computer interface companies you should know
Over the past several months, there have been a number of significant developments in the brain-computer interface (BCI) space. The likes of Neuralink, Synchron and Precision Neuroscience, among others, continue to advance their platforms. Some even began clinical trials, while many more companies are vying to be the first to bring a BCI to market. […]
InBrain Neuroelectronics leads project to ‘revolutionize’ BCI landscape
InBrain Neuroelectronics is leading the GphT-BCI project that it believes could revolutionize the landscape of brain-computer interfaces (BCIs). The company partnered with the Catalan Institute of Nanoscience and Nanotechnology (ICN2) for the project. It addresses the limitations currently faced by BCIs as researchers look to bring the technology from the lab to commercial settings. According […]
5 more brain-computer interface companies you need to know
The brain-computer interface (BCI) space continues to rise in notoriety, and a number of players are throwing their hats in the ring. Such technologies could enable users to control a computer with their brain, or even go beyond that. Countless immobile people someday could control a mouse cursor, keyboard, mobile device/tablet, wheelchair or prosthetic device […]
InBrain Neuroelectronics wins FDA breakthrough nod for intelligent network modulation system
InBrain Neuroelectronics announced today that it received FDA breakthrough device designation for its intelligent network modulation system. The breakthrough nod covers the graphene-neural platform as an adjunctive therapy for treating Parkinson’s disease. InBrain’s system harnesses the power of graphene, a two-dimensional material made of a lattice of carbon atoms. The thin material — stronger than […]
InBrain raises nearly $17M for graphene-based neuromod system
InBrain Neuroelectronics today announced $16.8 million in Series A funding for its neuroelectronic system designed to treat epilepsy and Parkinson’s disease. The investment in the Barcelona-based company was co-led by Asabys Partners and Alta Life Sciences, and joined by Vsquared Ventures and TruVenturo GmbH. The Spanish Ministry of Science’s CDTI also participated, as did the Institut […]