Propelling neurotech innovation: Ontario Brain Institute awards $700,000 in entrepreneurial funding support

Funding Rounds

Summary

The Ontario Brain Institute awarded $700,000 through its NERVE program to support early-stage neurotechnology ventures. Seven entrepreneurs each received $100,000 in non-dilutive funding along with mentorship, business support, and training. The cohort includes companies building tools for brain health, neurodiversity, neurological disorders, and mental health care. The program aims to help these ventures move from concept to commercialization and strengthen Canada’s neurotech ecosystem.

$ Funding

$
Amount - Total raised
Date October 31, 2025 Announcement date
Investors Ontario Brain Institute Lead investors
Company https://www.mycaregivr.com Funded company

Classifications

industries
HealthTech
applications
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AskAI Classifications

Labels
SaaS Healthcare Software Digital Therapeutics

Linked Companies

caregiVR Inc.
up to $1M