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BrainsGate

Description

Developer of a medical therapy designed to treat central nervous system (CNS) diseases. The company's medical therapy uses an electrical device that makes it possible to reinforce the flow of blood to the brain through the use of electrical stimulation, enabling patients to begin treatment more quickly, resulting in a higher likelihood of a more successful treatment.

2000

Founded

PRIVATE

Status

11-50

Employees

Later Stage VC

Latest Deal Type

$26M

Latest Deal Amount

$84.5M

Total Amount Raised

Description

Developer of a medical therapy designed to treat central nervous system (CNS) diseases. The company's medical therapy uses an electrical device that makes it possible to reinforce the flow of blood to the brain through the use of electrical stimulation, enabling patients to begin treatment more quickly, resulting in a higher likelihood of a more successful treatment.

Website:

www.brainsgate.com

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Therapeutic Devices

Other Industries

Other Devices and Supplies

Primary Office

4 Rotem Hamidbar Street Southern Industrial Park, P.O.Box 3548 Caesarea 38900Israel +972 (0)4 637 7774
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BrainsGate Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

BrainsGate Investors (11)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Agate Medical InvestmentsVenture CapitalMinority000 0000000 0000
Alice VenturesVenture CapitalMinority000 0000000 0000
Boston ScientificCorporationMinority000 0000000 0000
Cipio PartnersSecondary BuyerMinority000 0000000 0000
Elron Electronic IndustriesVenture CapitalMinority000 0000000 0000
Agate Medical Investments Venture Capital
Alice Ventures Venture Capital
Boston Scientific Corporation
Cipio Partners Secondary Buyer
Elron Electronic Industries Venture Capital

BrainsGate Executive Team (5)

NameTitleBoard
Seat
Contact
Info
Avinoam DayanChief Executive Officer & Board Member
Noam LevyChief Financial Officer
Eyal ShaiVice President, Application
Yoram Solberg Ph.DVice President of Medicine and Science
Srulik DvorskyVice President, Research & Development & Operations
Avinoam Dayan Chief Executive Officer & Board Member
Noam Levy Chief Financial Officer
Eyal Shai Vice President, Application
Yoram Solberg Ph.D Vice President of Medicine and Science
Srulik Dvorsky Vice President, Research & Development & Operations

BrainsGate Board Members (4)

NameRepresentingRoleSinceContact
Info
Allen HillSelfBoard Member000 0000
Christoph WedegaertnerCipio PartnersPartner000 0000
Ruth AlonPitango Venture CapitalChairman000 0000
Zvika Slovin Ph.DElron Electronic IndustriesVice President, Medical Devices000 0000
Allen Hill Board Member Self
Christoph Wedegaertner Partner Cipio Partners
Ruth Alon Chairman Pitango Venture Capital
Zvika Slovin Ph.D Vice President, Medical Devices Elron Electronic Industries
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