Posit Science raises $5.6M for brain fitness software
Posit Science, one of several companies offering software to strengthen cognitive function and prevent brain deterioration, has raised $5.6 million in a third round of funding to continue product development and ramp up marketing efforts, reports VentureWire (subscription). The San Francisco-based company is coming off its strongest sales quarter yet, but faces a surprisingly crowded field of competition.
Companies like Dakim, Vivity Labs, Lumos Labs and Cognifit have all raised substantial capital in the last year… Continue Reading
Dakim, for exercising aging brains, raises $10.6M
Dakim makes a product called the [m]Power Cognitive Fitness System, a combined hardware/software system for seniors that helps keep their minds in shape, and ward off the effects of old age.
While the system can be used by anyone, it’s also set up to be used by older people suffering from Alzheimer’s disease or senile dementia.
A private equity firm called Galen Partners led the round, and is the only institutional investor to have put money into… Continue Reading