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§ Private Profile · Cambridge, MA, USA
Neurotechnology company developing an AI-powered wearable for sleep and cognitive function, focused on insomnia.
Elemind Technologies is a neurotechnology company founded by Meredith Perry, Ed Boyden, David Wang, Nir Grossman, and Heather Read that develops an artificial intelligence-powered wearable headband to improve sleep and cognitive function. The direct-to-consumer device utilizes EEG sensors and bone conduction technology to monitor brainwaves and deliver precisely timed audio stimulation that modulates brain oscillations. Specifically targeting sleep onset insomnia, the hardware reduced the time required for users to fall asleep by ten to fifteen minutes during a thirty-minute audio stimulation period in small clinical studies. The venture-backed enterprise officially emerged from stealth mode in October 2025 after securing $12 million in seed funding to support its ongoing neurotechnology development. Tracing its initial core scientific research collaboration back to 2014, the company began shipping products to early users through a limited pilot program in the summer of 2024.
Elemind Technologies has raised $12.0M across 1 funding round.
Elemind Technologies has raised $12.0M in total across 1 funding round.
Elemind Technologies has raised $12.0M across 1 funding round. Most recently, it raised $12.0M Seed in February 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 6, 2024 | $12M Seed | Erik Torenberg | Embark Ventures, Qing Z., Mitú, University OF Pennsylvania | Announced |
Elemind Technologies has raised $12.0M in total across 1 funding round.
Elemind Technologies's investors include Erik Torenberg, Embark Ventures, Qing Z., MIT, University of Pennsylvania.