Dealflow | September 7, 2017

Revolution and DBL back BrainScope’s brain injury scanner

ImpactAlpha
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ImpactAlpha

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The Bethesda, Md., company raised $16 million

PC: BrainScope

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.