MindAffect

Nijmegen, Netherlands Founded: 2017 • Age: 9 yrs
Brain-computer interface headsets are developed for patient communication.
Annual revenue - Latest available
Total funding $2.4M 4 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About MindAffect

MindAffect is a company based in Nijmegen (Netherlands) founded in 2017 by Ivo Box. MindAffect has raised $2.37 million across 4 funding rounds from investors including EIT Health, Oost NL and MSB Isala. MindAffect offers products and services including Sofi Hearing Diagnostic System and KinderCap. MindAffect operates in a competitive market with competitors including Tyto Care, Edwards Lifesciences, Empatica, BioIntelliSense and Endotronix, among others.

  • Headquarter Nijmegen, Netherlands
  • Founders Ivo Box
  • Sectors
    Healthcare
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.37 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.18 M (USD), Series A

    Apr 29, 2024

  • Investors
    EIT Health

    & 4 more

  • Employee Count
    Not available
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Products & Services of MindAffect

MindAffect offers a comprehensive portfolio of products and services, including Sofi Hearing Diagnostic System and KinderCap.

Product name locked
Category locked
Primary

Delivers objective hearing tests using BCI and AI technology.

Product name locked
Category locked
Locked

Tests hearing and visual impairments in children via combined stimuli.

People of MindAffect

Headcount 1-10
Employee Profiles 6
Employee Profiles
People
Timothé Guyonnet-Hencke
R&D Engineer
People
Jason Farquhar
Head of Machine Learning
People
Jennifer Goodall
CEO / Member of the Executive Board
People
Mark Van Kesteren
Software Engineer

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Funding Insights of MindAffect

MindAffect has successfully raised a total of $2.37M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.18 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in MindAffect

MindAffect has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include EIT Health, Oost NL and MSB Isala.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Sector-agnostic VC firm investing in geographies such as the Netherlands
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Health innovations are found, built, and scaled by NLC.
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Healthcare startups are accelerated and incubated through specialized programs.
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Investor details for MindAffect

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Investments & Acquisitions by MindAffect

Investments
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Investment portfolio details for MindAffect

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Financial Statements - MindAffect

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Detailed financials for MindAffect

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Mindaffect Comparisons

MindAffect Primary company
Description
Brain-computer interface headsets are developed for patient ...
Location
Nijmegen, Netherlands
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for MindAffect

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Competitors of MindAffect

MindAffect operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tyto Care, Edwards Lifesciences, Empatica, BioIntelliSense and Endotronix, among others.

Company Name Domain Founded year HQ Location Description
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Medical consultations are facilitated via self-exams and remote diagnostic devices.
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Medical devices for structural heart disease are developed and provided.
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Developer of a wrist band to monitor physiological signals
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Vital signs are monitored via a single-use patch and platform.
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Miniaturized wireless implantable sensors are developed for hemodynamic monitoring.
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Remote monitoring platform for tracking patient activity
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Detailed competitors of MindAffect

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Latest news on Mindaffect

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Complete news archive for MindAffect

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Frequently Asked Questions about MindAffect

MindAffect was founded in 2017 and raised its 1st funding round 1 year after it was founded.

MindAffect is headquartered in Nijmegen, Netherlands. It is registered at Nijmegen, Gelderland, Netherlands.

Ivo Box is the current CEO of MindAffect. They have also founded this company.

MindAffect is a funded company, having raised a total of $2.37M across 4 funding rounds to date.

MindAffect was founded in 2017 in Nijmegen, Netherlands, and operates in the neurotechnology sector. Brain-computer interface headsets are manufactured and developed to measure electrical brain signals, enabling locked-in patients to control computers for communication and interaction. No training is required for the devices, and control improves with ongoing use. The company focuses on accessible solutions for those with severe motor impairments.

MindAffect's top competitors include Tyto Care, Endotronix and Empatica.

MindAffect offers Sofi Hearing Diagnostic System and KinderCap.

MindAffect has 5 investors. Key investors include EIT Health, Oost NL, MSB Isala, NLC Health Ventures, and Barco Limpo.

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