The Fascination With Neurostimulation
Tech entrepreneurs often get criticized for tackling frivolous problems in lieu of tough ones. Not so for neurotech. Startups are applying neurostimulation-based therapies (electrical or magnetic stimulation to the brain or nervous system, often through implantable devices) to treat paralysis, stroke, chronic pain, sensory loss, depression, and a long list of other serious ailments.
In addition to Neuronetics and Electcrocore, here are a few companies in this vein that stood out in our list:
Neuros Medical, which closed a $20 million Series A round in August, develops technology to deliver high-frequency stimulation to sensory nerves in the peripheral nervous system to block chronic pain.
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