Business

Inbrain Neuroelectronics Closes Funding Round

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BUSINESS

Inbrain Neuroelectronics Closes Funding Round

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Catalan company Inbrain Neuroelectronics announced the closing of a funding round led by Asabys and Alta. Amounting to $16.85 million USD, the funding round was highly successful and is said to be one of the largest financing rounds in the MedTech sector of Spain.

Inbrain is developing a neural interface, which powered by AI will help with reading and interpreting brain activity, and detecting biomarkers to help in the medical field. The investment will allow the company to conduct trials and test the safety of graphene within these new technologies.

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Photo by Chronis Yan on Unsplash

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