Well-Being
The Bethesda, Md., company raised $16 million
The Bethesda, Md., company raised $16 million in equity financing from Nancy Pfund DBL Partners and Steve Case’s venture firm, Revolution (Maryland Venture Fund and ZG Ventures also participated in the round).
BrainScope’s FDA-cleared noninvasive device scans for traumatic brain injuries by tracking electrical activity; it can detect injuries up to three days after a traumatic incident.
“We consistently heard from clinicians that the BrainScope product was a true breakthrough,” DBL’s Cynthia Ringo says.