Brainsgate

Israel
Caesarea, Haifa, Israel, 3088900

Company profile

Brainsgate company profile

BrainsGate's platform technology involves electrical stimulation of the Spheno-Palatine Ganglion (SPG), a nervous center known to increase cerebral blood flow. BrainsGate is exploring several applications for its technology, and is currently focusing on treatment of acute ischemic stroke. Building on its technology, the Company has developed the ISS, based on a miniature electrode implanted at the roof of the mouth in a bed side, minimally invasive, local anesthesia procedure comparable to dental treatment. In 2008, the company completed ImPACT-1, a pilot clinical trial for acute ischemic stroke with promising results. In 2011 the Company completed a 300 patients RCT pivotal trial that further substantiated the safety and efficacy of its treatment for acute ischemic stroke patients. BrainsGate is currently running the ImpACT-24b, a multi-national, randomized, double-blind, sham-controlled pivotal study to assess the safety and efficacy of its treatment for stroke patients in a 24-hour window.

Business identity

Phone number
+97246377774
Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Founded
2002-01-01, Year

Headquarters

Postal code
3088900
Country code
IL
Continent
Asia

Capital profile

Funding and company signals

Funding stage
Late Stage Venture
Funding rounds
6
Total equity funding
$98.5M
Last funding
Series F / $14M / 2020-12-06
Last equity funding
Series F / $14M
Investors
13
Lead investors
4
Founders
1
Articles
7

Founders and investors

Founders

Yoram Solberg

Lead investors

BNP ParibasElron VenturesJohnson & Johnson Development CorporationSpero Ventures

Investors

BNP ParibasBoston ScientificCipio PartnersMedtronicPitango VC