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MindAffect B.V.

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November 28, 2023
Data is self reported
Using our proprietary patented brain computer interface & AI technology, MindAffect is developing brain response-based hearing & vision diagnostic systems to enable 1.6b hard-to-test patients (children, elderly and severely disabled) to receive early treatment without which they are left with severe lifelong consequences which ultimately cost our society more than $1trillion globally in excess health and long term care costs.

Achievement

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Founded in

2017

Country

Netherlands

Industry

AI/ML, DeepTech, Health, MedTech

Patent information

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Team

Number of founders

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Number of employees

Founder backgrounds

Exit experience

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Relevant industry experience

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Previous startup experience

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EUR / Erasmus MC or TUDelft relation

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Graduation year from EUR, Erasmus MC or TUDelft

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In the news

Investment details

Amount raising

1650000

Ownership founders

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Lead investor

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Current investors

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Intended closing date

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Fundraising status

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Already committed

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Revenue Metrics

Paying customers

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Monthly active users

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MindAffect B.V.

Direct Message
Download Pitch Deck
November 28, 2023
Data is self reported
Using our proprietary patented brain computer interface & AI technology, MindAffect is developing brain response-based hearing & vision diagnostic systems to enable 1.6b hard-to-test patients (children, elderly and severely disabled) to receive early treatment without which they are left with severe lifelong consequences which ultimately cost our society more than $1trillion globally in excess health and long term care costs.

Achievement

At 20x the speed, we have broken completely new ground in the world of BCI and EEG systems and our hearing test is viewed as the "holy grail" fast, accurate but totally objective.

Founded in

2017

Country

Netherlands

Province

Gelderland

Industry

AI/ML, DeepTech, Health, MedTech

SDGs

No poverty (SDG #1), Good health and well-being (SDG #3), Quality education (SDG #4), Gender equality (SDG #5), Decent work and economic growth (SDG #8), Life on land (SDG #15)

Patent information

yes, we have 3 patents to protect our highly innovative technology.

Team

Number of founders

1

Number of employees

Founder backgrounds

Exit experience

No

Relevant industry experience

Yes

Previous startup experience

No

Female founder

Yes

EUR / Erasmus MC or TUDelft relation

Graduation year from EUR, Erasmus MC or TUDelft

In the news

Investment details

Amount raising

1650000

Ownership founders

<50% owned by founders

Lead investor

yes

Current investors

2400000

Intended closing date

Q4 2023

Fundraising status

Already committed

1150000

Revenue Metrics

Monthly revenue

pre-revenue

Monthly growth

not growing

Paying customers

1

Monthly active users

Using our proprietary patented brain computer interface & AI technology, MindAffect is developing brain response-based hearing & vision diagnostic systems to enable 1.6b hard-to-test patients (children, elderly and severely disabled) to receive early treatment without which they are left with severe lifelong consequences which ultimately cost our society more than $1trillion globally in excess health and long term care costs.
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Premium Details Available

(Data is self reported)

FINANCIAL PERFORMANCE

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INVESTMENTS

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TEAM

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Is there a founder with previous Exit Experience?
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Is there a women founder with at least 5% of the shares?
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Is there a founder with a EUR / Erasmus MC or TUDelft relation?
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OTHER

Year founded
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Premium Details

(Data is self reported)

FINANCIAL PERFORMANCE

Monthly Revenue
pre-revenue
Growth rate month over month
not growing
Monthly revenue context
Number of paying customers
1
Monthly active users

INVESTMENTS

Do you have a lead investor?
yes
How much have you raised in the past?
2400000
How much of this round already committed?
1150000
When are you aiming to close this round?
Q4 2023

TEAM

How much time do the founders spend on the business?
100%
Is there a founder with previous co-founder / c-level at startup experience?
No
Is there a founder with previous Sector Experience?
Yes
Is there a founder with previous Exit Experience?
No
What percentage of company is owned by founders?
<50% owned by founders
Is there a women founder with at least 5% of the shares?
Yes
Is there a founder with a EUR / Erasmus MC or TUDelft relation?
None of these
Graduation year from EUR, Erasmus MC or TUDelft

OTHER

Year founded
2017
Patent status
yes, we have 3 patents to protect our highly innovative technology.

Basic details

Amount raising
1650000
Country
Netherlands
Industry
AI/ML, DeepTech, Health, MedTech
Founders
linkedin profile of founderlinkedin profile of founderlinkedin profile of founder
Last updated:
November 28, 2023

Key Achievements

  • At 20x the speed, we have broken completely new ground in the world of BCI and EEG systems and our hearing test is viewed as the "holy grail" fast, accurate but totally objective.
  • We are in the process of completing a E595k paid pilot with the #3 global leader in hearing aid manufacturing and this corporate giant's R&D department has been blown away by our progress.

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