About PlatoScience
PlatoScience is a company based in Copenhagen (Denmark) founded in 2015 by Morten de Fine Friis-Olivarius.. PlatoScience has raised $615.25 thousand across 4 funding rounds from investors including European Union, EIC Fund and KickAss Capital. The company has 7 employees as of November 30, 2024. PlatoScience offers products and services including tDCS Headset, TES Certification, and PlatoApp. PlatoScience operates in a competitive market with competitors including Insai, Manuxa, Hyposafe and Berger Neurorobotics, among others.
- Headquarter Copenhagen, Denmark
- Employees 7 as on 30 Nov, 2024
- Founders Morten de Fine Friis-Olivarius
- Stage Minicorn
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Sectors
RetailEducation Technology Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Platoscience Aps
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Annual Revenue
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Net Profit
$-320.29 K (USD)-42as on Dec 31, 2022
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EBITDA
$-414.64 K (USD)10as on Dec 31, 2022
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Total Equity Funding
$615.25 K (USD)
in 4 rounds
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Latest Funding Round
$56.83 K (USD), Grant
Jun 30, 2019
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Investors
European Union
& 2 more
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Employee Count
7
as on Nov 30, 2024
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Products & Services of PlatoScience
PlatoScience offers a comprehensive portfolio of products and services, including tDCS Headset, TES Certification, and PlatoApp. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Device for transcranial direct current stimulation to support cognitive functions.
Certification for clinicians in tDCS applications and protocols.
App for guiding users through tDCS sessions and monitoring.
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Funding Insights of PlatoScience
PlatoScience has successfully raised a total of $615.25K across 4 strategic funding rounds. The most recent funding activity was a Grant round of $56.83 thousand completed in June 2019. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $56,834
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First Round
First Round
(04 Apr 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Grant - PlatoScience | Valuation |
investors |
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| Feb, 2019 | Amount | Grant - PlatoScience | Valuation |
investors |
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| Sep, 2018 | Amount | Seed - PlatoScience | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PlatoScience
PlatoScience has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, EIC Fund and KickAss Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Seed-stage investments in tech companies are made globally.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PlatoScience
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PlatoScience
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Platoscience Comparisons
Competitors of PlatoScience
PlatoScience 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 Insai, Manuxa, Hyposafe and Berger Neurorobotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Insai creates brain-computer interfaces for neurological treatment and cognitive studies.
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| domain | founded_year | HQ Location |
Physical aids for gripping are developed for individuals with impairments.
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| domain | founded_year | HQ Location |
Provides subcutaneous EEG implants to monitor hypoglycemic episodes in diabetic patients.
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| domain | founded_year | HQ Location |
Offers personalized cognitive training solutions to enhance mental performance.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about PlatoScience
When was PlatoScience founded?
PlatoScience was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is PlatoScience located?
PlatoScience is headquartered in Copenhagen, Denmark.
Is PlatoScience a funded company?
PlatoScience is a funded company, having raised a total of $615.25K across 4 funding rounds to date. The company's 1st funding round was a Seed of $294.26K, raised on Apr 04, 2016.
How many employees does PlatoScience have?
As of Nov 30, 2024, the latest employee count at PlatoScience is 7.
What does PlatoScience do?
PlatoScience was founded in 2015 in Copenhagen, Denmark, within the neurotechnology sector. A neurostimulation headset is offered by the company, featuring create and focus modes with three programmable electrodes for tDCS. Electricity is delivered in micro-doses mimicking natural brain processes. Connectivity to Android and iOS apps is supported, enabling user control and customization. Operations focus on accessible brain stimulation devices for various applications.
Who are the top competitors of PlatoScience?
What products or services does PlatoScience offer?
PlatoScience offers tDCS Headset, TES Certification, and PlatoApp.
Who are PlatoScience's investors?
PlatoScience has 3 investors. Key investors include European Union, EIC Fund, and KickAss Capital.
What is PlatoScience's valuation?
The valuation of PlatoScience is $3.46M as of Sep 2018.
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