EyeBrain Raises €3.3M in Second Funding

Funding Rounds

▤ Summary

EyeBrain, a Paris, France-based startup developing brain function markers for neurological and psychiatric diseases, has raised €3.3m in second funding. New backers Octalfa, Sudinnova and CM-CIC Capital Innovation have joined existing shareholders CapDecisif Management and G1JIDF, which invested 1.2m in the company’s first funding round in 2009. EyeBrain intends to use the capital to recruit a sales force, expand its network of distributors, and provide marketing support for commercializing its products in new countries (especially in Europe). Founded in 2008 and led by chairman and CEO Serge Kinkingnehun, EyeBrain is developing brain function markers for neurological and psychiatric diseases utilizing devices based on eye motricity. Its EyeBrain Tracker is already being used in hospitals and doctors’ surgeries in France and in several European countries.

$ Funding

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Amount $3.3M Total raised
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Date October 9, 2012 Announcement date
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Investors CM-CIC Capital Finance, Octalfa, CapDecisif Management Lead investors
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Company http://www.eye-brain.com Funded company

▥ Classifications

industries
HealthTech
applications
EduTech - learning

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▦ Linked Companies

e(ye)BRAIN
$1M to $5M