Posted at Sep 18, 2020
BrainPatch Limited, British Neuro Tech startup developing new breakthrough solutions for brain-computer interfaces and a recipient of Innovate UK and European Union Horizon 2020 Program grants, has successfully completed Seed Plus investment round on September 1st, 2020. Despite the current pandemic and economic downturn, this new investment brings BrainPatch’s valuation to £4.6 million from the earlier £3.3 million valuation achieved in April 2020. The company is actively executing several pilot projects with a number of multinational corporations in the entertainment, mental well-being, food and medical devices spheres as well as applying for additional grant funding. D&FG Elements led the investment following on an earlier April investment alongside other business angels. D&FG Elements is a newly established investment boutique investing in the most promising deep tech companies at early stages and a member of UK Business Angels Association. BrainPatch is an award winning entrepreneurial team of highly skilled experts in the fields of neuroscience, physics, electrical engineering and AI developing new technologies in non invasive brain stimulation in medical and consumer electronics spheres. Dr Nickolai Vysokov, CEO of BrainPatch, comments: "We are excited and honoured to have the backing of D&FG Elements that shares our vision of optimal brain stimulation being complex, non-invasive, unique and different for each individual. We use Artificial Intelligence algorithms to optimise such stimulation and our patented technology will eventually be present in every business and will become a household name. Everyone who cares about mental wellness of their employees, customers and loved ones should learn more about the advances of Neuro Tech and BrainPatch is a good place to start."