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HealthTech Seed Founded 2019

Charco Neurotech

Charco Neurotech is a medical device company that develops non-invasive wearable technology for people with Parkinson disease. The company has developed a wearable device that uses targeted vibration therapy to reduce the motor symptoms of Parkinson disease, including tremors, rigidity, and bradykinesia. The device is designed to be worn discreetly and provides continuous symptom management without medication,…

📍 Cambridge, United Kingdom · Disease Self Management,

Funding snapshot

Last roundSeed
Amount$696K
Date27 June 2024
Total raised$18M
Valuation13,705,132 (Jun 27, 2024)
Team size73

About

Charco Neurotech is a medical device company that develops non-invasive wearable technology for people with Parkinson disease. The company has developed a wearable device that uses targeted vibration therapy to reduce the motor symptoms of Parkinson disease, including tremors, rigidity, and bradykinesia. The device is designed to be worn discreetly and provides continuous symptom management without medication, offering an adjunct therapy option for Parkinson patients. Charco Neurotech technology is based on research into the effects of focused mechanical stimulation on neural circuits affected by Parkinson disease, providing a drug-free approach to symptom relief that can improve quality of life for patients. Founded in 2019 and headquartered in Cambridge, United Kingdom, the company has raised approximately $17.7 million in seed funding from investors including Amadeus Capital, Parkwalk, UTEC, and RCA.

Business model

Wearable Technology > Health and Wellness Devices > Neural > Parkinson's,

Disease Self Management > Neurological Disorders > Monitoring > Parkinson's Disease > Device > Wearable

Founders & team highlights

Serial Founder

Team background

College Wise > Imperial College London

Institutional investors

RCA MedTech SuperConnector Amadeus Capital Parkwalk UTEC Crista Galli Ventures Mint Venture Partners Imperial College London Oxbridge Angel Mainspring Fund Services Crick Sansuk Seo Alexander Dallman Porter Seema Bhargava William Hardie Brown

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