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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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