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
Battle of the brain games: Lumos Labs raises $3 million, Fit Brains debuts
The battle of the brain games is underway. Nintendo set this trend in motion when it launched “BrainAge” for the Nintendo DS in 2006. Since then, a number of startups have sprung up and launched additional games aimed at improving the cognitive abilities of gamers with puzzles and brain teasers.
Research suggests that older adults in particular can benefit from playing games that improve memory, concentration and problem solving. Today, Lumos Labs is announcing it has… Continue Reading
Lumosity raises $400,000 for games to improve brain
Lumos Labs, makers of simple video games that have shown to improve cognition, has raised $400,000 in angel financing from undisclosed investors. Neuroscientists designed a handful of entertaining games to train different parts of your brain, from memory and attention to processing speed and spatial reasoning. Details on the science are here.