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Motif Neurotech Raises $18.75M for Implantable Device for Treatment-Resistant Depression –

ohog5 by ohog5
January 28, 2024
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Motif Neurotech Raises $18.75M for Implantable Device for Treatment-Resistant Depression –
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Motif Neurotech Raises $18.75M for Implantable Device for Treatment-Resistant Depression

What You Ought to Know:

– Motif Neurotech, a pioneer in minimally-invasive bioelectronics for psychological well being, introduced at this time a powerful $18.75 million Collection A funding spherical. Led by Arboretum Ventures, the funding noticed participation from distinguished gamers like KdT Ventures, Satori Neuro, and Dolby Family Ventures, alongside current supporters Divergent Capital and PsyMed Ventures.

– Motif Neurotech’s revolutionary strategy represents a possible paradigm shift in psychological well being therapy. By leveraging the facility of bioelectronics, they purpose to supply a safer, extra focused, and probably more practical possibility for sufferers affected by TRD.

Hope for Thousands and thousands Battling TRD

TRD, a type of main depressive dysfunction unresponsive to conventional medicines, impacts hundreds of thousands worldwide. It may be a debilitating situation, leaving sufferers feeling hopeless and remoted. Motif’s DOT microstimulator presents a glimmer of hope, designed to exactly stimulate particular mind circuits linked to melancholy, restoring wholesome exercise and assuaging signs.

Precision Stimulation for Wholesome Mind Circuitry

The DOT microstimulator is a pea-sized marvel, implanted throughout a minimally-invasive 20-minute outpatient process. It wirelessly transmits stimulation indicators, permitting for at-home remedy and personalised therapy changes. This revolutionary strategy presents a number of benefits over conventional deep mind stimulation (DBS) methods:

  • Minimally invasive: No cumbersome electrodes or wires, decreasing potential issues.
  • Exact stimulation: Targets particular mind circuits, minimizing uncomfortable side effects.
  • Wi-fi and rechargeable: Handy for sufferers and adaptable to particular person wants.

Growth Plans

The Collection A funding empowers Motif to:

  • Advance scientific improvement: Conduct large-scale research to validate the DOT microstimulator’s efficacy and security.
  • Refine the expertise: Improve the system’s performance and consumer expertise.
  • Scale manufacturing and distribution: Make the DOT microstimulator accessible to extra sufferers with TRD.

“This funding is a testomony to the immense potential of our expertise to revolutionize the therapy of TRD,” mentioned Jacob Robinson, CEO & Founding father of Motif Neurotech. “We’re extremely grateful for the assist of our buyers and excited to deliver hope and aid to hundreds of thousands affected by this debilitating situation.”



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Tags: 18.75MDepressionDeviceImplantableMotifNeurotechraisesTreatmentResistant
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