Great news from our portfolio company Neuro Event Labs Oy! We are looking forward to the exciting journey ahead. #LifeScience #NeuroEventLabs #HadeanVentures
Neuro Event Labs Oy raises €2.0M investment for commercial expansion in Europe and US market entry of its AI-powered seizure detection device for epilepsy. We are excited to announce that Neuro Event Labs has raised a €2.0M funding from new investor Catalyze Capital as well as existing investor Hadean Ventures, and other shareholders. The proceeds will support commercial expansion in Europe as well as entry into the US market for its lead product Nelli®. Neuro Event Labs Oy, based in Tampere, Finland, is a health technology company dedicated to AI motion diagnostics in Neurology, developing products that improve diagnosis, and thereby treatment, of neurological conditions. The lead product Nelli® is an AI-powered diagnostics and monitoring device for epilepsy, providing doctors with high-quality data of seizures based on video and audio recordings that can be collected in either the patient’s home or in a hospital environment. With over 65 million patients suffering worldwide, epilepsy is one of the most common neurological diseases. The majority of these patients could become seizure-free with appropriate treatment following a proper diagnosis, and with clear characterization of the disease the misdiagnosis rates can be improved. Nelli® unlocks objective, accurate detection and characterization of seizures in a cost-effective and patient-convenient manner. This enables the best possible treatment for epilepsy patients, significantly increasing the chance of becoming seizure-free. Read more: https://lnkd.in/d_AgPhn8 Benjamin Sieters, Kaapo Annala, Ingrid Teigland Akay, MD MBA