BrainsGate

Minimally Invasive Treatment for Central Nervous System Diseases

Health Tech & Life Sciences
Active
Series F Caesarea Founded 2000
Total raised
$98.5M
Last: Series F 2020-12
Stage
Series F
Founded
2000
Headcount
19
HQ
Caesarea
Sector
Health Tech & Life Sciences

About

BrainsGate is a medical device company that develops therapies for patients suffering from central nervous system diseases, with a focus on the treatment of acute ischemic stroke. The companys platform technology involves electrical stimulation of the sphenopalatine ganglion, a nerve center known to increase cerebral blood flow. Building on its technology, BrainsGate has developed the Ischemic Stroke System (ISS), in which a miniature electrode is implanted in the roof of the mouth in a minimally invasive bedside procedure performed under local anesthesia and comparable to a dental treatment. In 2008, BrainsGate completed ImPACT-1, a pilot clinical trial for acute ischemic stroke with promising results. In 2011, the company completed a 300-patient RCT pivotal trial that further substantiated the safety and efficacy of its treatment for acute ischemic stroke patients. BrainsGate is currently running the ImpACT-24b, a multinational, randomized, double-blind, sham-controlled pivotal study to assess the safety and efficacy of its treatment for stroke patients in a 24-hour window.

Funding history · 6 rounds · $98.5M total

2020-12
Series F $14.0M
2015-01
Series D $26.0M
2011-08
Series C $20.0M
2008-08
Series B $27.5M
2005-08
Series A $7.0M
2002-07
Seed $4.0M

Sectors & technology

Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesMedical DevicesMedical Treatment & Therapeutics
Technologies
Materials & SubstancesImplants
Target customers
Healthcare & Life SciencesHealthcareProviders
Business model
B2B

Highlights

Verified

Tags

medical-devicesneuro-stimulationstrokeneurologyminimally-invasivepatientshealthcare-providerstreatmentsmedical-technologies