Wellness and fitness coaching app, actio has extended its seed round to €10 million with a new investment from fellow Berlin-based venture capital firm Heal Capital.
The startup secured a seed funding of €8.5 million from HV Capital and Cavalry Ventures in December 2020.
WHY IT MATTERS
According to the World Health Organisation, depression is the leading cause of global disability, affecting over...
Medical device company Flow has reported a 247% increase in sales of its at-home, brain stimulation headset treatment for depression since the COVID-19 pandemic.
The Swedish startup says its research found that 30% of its users report overcoming depression, during the crisis, by wearing the Flow headset which activates parts of the brain under stimulated by the condition and interacting with the...
In a user analysis, 81% of patients using the Flow brain stimulation headset and therapy app to treat depression reported feeling better after three weeks.
Thirty four per cent of patients reported an improvement in their mood, while 32% of patients reported a reduction in anxiety and 29% reported a reduction in suicidal thoughts.
Flow is a drug-free, at-home treatment that has been medically...
An app by Swedish mental health startup Flow has become the highest scoring free depression treatment in the ORCHA app library, which evaluates and distributes health apps for governments and health and social care organisations worldwide.
The Flow app uses evidence-based psychology and neuroscience research to help patients understand, treat and prevent depression. It achieved a 72% rating at...
With the staggering shortage of mental health practitioners worldwide, more and more startups are looking for alternative ways to provide patient care. One of the most popular technologies is chatbots.
Now we are seeing one more entrance emerge into that market. On Thursday, Sweden- and UK-based medical device company Flow, best known for its brain stimulation headset, launched a new chatbot...
This morning neurology-focused health startup Flow announced that it landed a $1.5 million investment. This latest round was led by Khosla Ventures.
WHAT THEY DO
The Swedish startup is focused on treating and supporting users with depression. Flow is a two-part system including a brain stimulation headset and a therapy app. When the user puts on the device, it delivers electrical signals to...
Malmö-based medical device startup Flow has landed $1.5m (approximately €1.35m) in funding in a round led by Khosla Ventures, it was announced this week. The new funds will be used to support the European rollout of Flow's brain stimulation headset and therapy app, developed to treat depression, which were launched in the UK and Sweden earlier this year.
“The Khosla Ventures investment will...
While digital health doesn't have as big of a presence at the Consumer Electronics Show in Las Vegas as other industries, there were a fair number of wearables, apps and sensor-enabled tools showcased. There were also several partnerships announced, which you can read about here. Some have already been covered in MobiHealthNews yet didn't make their official debuts til this week, but most were...
