Israeli neuroscience co ElmindA raises m

Israeli startup ElMindA Ltd., which pioneers neuroscience-based technology for analyzing brain network functionality, today announced the completion of a $28 million Series C financing round. Investors include Shanda Group, New England Patriots owner – The Kraft Group, Wexford Capital, WR Hambrecht & Co, Palisade Capital Management, OurCrowd and Healthcrest AG and others. This is the first investment in an Israeli company for Shanda Group, which support neurological research.Based in Herzliya, ElMindA was founded in 2006 by Professor Amir Geva to address an unmet need to objectively assess brain health and brain-related disorders in order to enhance diagnosis and treatment across a full spectrum of neurological and psychological disorders. The company has raised $43 million to date including the latest financing round. Previous investors include Sami Sagol. The proceeds will be…


Link to Full Article: Israeli neuroscience co ElmindA raises m