Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on solutions for the healthcare sector. As there is a large number of startups working on a wide variety of solutions, we decided to share our insights with you. This time, we are taking a look at 5 promising neurotechnology startups.
Heat Map: 5 Top Neurotechnology Startups
Using our StartUs Insights Platform, covering 1.116.000+ startups & emerging companies, we looked at innovation in the field of healthcare. For this research, we identified 188 relevant solutions and picked 5 to showcase below. These companies are chosen based on a data-driven startup scouting approach, taking into account factors such as location, founding year, and relevance of technology, among others. Depending on your specific criteria, the top picks might look entirely different.
The Global Startup Heat Map below highlights 5 startups & emerging companies developing neurotechnology solutions. Moreover, the Heat Map reveals regions that observe a high startup activity and illustrates the geographic distribution of all 188 companies we analyzed for this specific topic.
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Novela Neurotechnology – Smart Neural Interfaces
The central nervous system aids in the processing of electrical impulses in the human body. Analyzing large volumes of patient-specific neurological data helps startups discover novel therapeutics. Advancements in artificial intelligence (AI) further enable the pharma and biotech industries to discover drugs and novel therapeutic solutions faster.
The US-based startup Novela Neurotechnology builds Neureka, a smart platform to understand and decode neurological activity in the brain using artificial intelligence. Neureka, the startup’s platform combines smart neural interfaces and scheduled delivery of neuromodulation that results in accelerated drug discovery.
PathMaker Neurosystems – Non-Invasive Neuromodulation
Neurological disorders include symptoms such as spasms and other physiological responses. Managing these symptoms can be troublesome for adults and more so for children. The alteration of these nerve activities with the help of neuromodulation helps alleviate some conditions in patients. Neurotechnology startups work on multiple neuro modulator solutions to tackle different symptoms.
The US-based startup PathMaker Neurosystems uses proprietary NeuralSynchronizer technology to develop neuromodulators and treat neurological disorders. This technology utilizes direct electrical or electromagnetic stimulation of specific regions and segments of the human nervous system to activate, or inhibit, downstream physiological processes. For example, the involuntary movement of limbs. By utilizing trans-spinal direct current stimulation (tsDCS), the startup provides further relief for patients suffering from Amyotrophic Lateral Sclerosis (ALS).
Vagustim – Vagus Nerve Stimulation
Stress induces energy loss, fatigue, body aches, sleep disorders, and loss of appetite, among various other physiological symptoms. Since the vagus nerve is responsible for the initiation of the relaxation response in humans, the external stimulation of this nerve helps reduce stress and its related issues. Advancements in biotechnology, pharma, and healthcare technologies enable startups to find innovative solutions to treat the effects of stress on the human body.
Turkish startup Vagustim develops devices for neuromodulation with the help of their expertise in vagus nerve stimulation. The startup’s devices directly stimulate the parasympathetic nervous system, which is responsible for stress, growth, development, and maintenance of the balance in the autonomic nervous system (ANS).
Vibre – Brain-Computer Interfaces
Technological advancements in biopharma and healthcare have enabled the use of devices to understand brain signals better. Brain-Computer Interfaces (BCIs) help acquire, process, and translate brain signals into commands that translate into any pre-determined action. Startups are working to build innovative BCI systems that are capable of connecting humans and machines across a variety of sectors, including in retail and healthcare, as well as for physical and mental rehabilitation.
Italian startup Vibre creates BCIs in order to connect the mind of any user with technology. The startup, with the help of proprietary software, analyses in real-time, the mental state of users such as stress, flow, focus, attention, and pleasantness. NeuroPerform analyzes the flow-state of sports professionals in training simulations to improve their overall performance. NeuroDesign enables the startup to analyze consumer reactions to understand why they make certain decisions during a purchase. NeuroFrame processes neural signals to reduce burnout and fatigue for working professionals.
Neurotechnology – Neuroplastic Modulation
Every brain processes pain signals differently, in terms of triggers and pain level. As a result of various experiences, the brain is capable of molding itself in accordance with those experiences. Technological advancements in augmented and virtual reality (AR/VR) enables synaptic pruning, deleting unnecessary neural connections, and strengthening the relevant connections in the brain. Startups develop AR/VR solutions to modulate neuroplastic changes in patients with psychological conditions, such as schizophrenia.
Australian startup Neurotechnology develops Instalcalm VR, a solution for enabling neuroplastic changes. The startup’s Transducer and CognitiVR technologies utilize the data available on the human psyche and behavior to enable real-time neuroplastic engagement in an extended reality (XR) environment. This assists in generating everlasting neuroplastic learning in patients and also helps them better manage pain.
What About The Other 183 Solutions?
While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence that enables you to achieve your goals faster. The 5 neurotechnology solutions showcased above are promising examples out of 188 we analyzed for this article. To identify the most relevant solutions based on your specific criteria, get in touch.
