Connect with us

Technology

MintNeuro Secures £1M Investment to Advance Transformative Semiconductor Technology for Neural Implants

Published

on

 Latest capital raise will accelerate delivery of silicon roadmap to drive next-generation implantable devices for neurological applications

LONDON, Nov. 12, 2024 /PRNewswire/ — MintNeuro, a pioneer of scalable, low-power semiconductor technology for minimally-invasive neural implant applications, today announces that it has raised £1 million in a funding round led by Empirical Ventures. Additional investment came from Parkwalk Advisors (through the Imperial College Enterprise Fund), Imperial College London, Plug & Play, Excellis Holding, and several prominent angel investors.

Neurological disorders impact over a billion people globally and pose a significant social and economic burden. Current treatments, especially pharmaceuticals, are often ineffective or fail to provide long-term solutions. With drug development becoming increasingly costly and less productive, many patients are left without effective care options. Neural implants offer a promising alternative, yet traditional technologies remain bulky, power-intensive, and reliant on invasive surgeries that limit accessibility and increase patient risk.

Developed at Imperial College London, MintNeuro uses semiconductor technology to make neural implants smaller, more efficient, and scalable. With over £14 million in underpinning R&D grant funding to date, the MintNeuro team leverages semiconductor manufacturing to allow cost-effective, mass-producible neural devices. Unlike conventional implants, its compact, low-power chips enable modular designs adaptable to various neurological conditions, offering sensing, stimulation, and processing capabilities to enhance both functionality and accessibility.

“Our semiconductor-based approach is fundamentally reshaping what neural implants can achieve,” said Timothy Constandinou, CTO and co-founder of MintNeuro. “By offering a customisable, compact solution that integrates seamlessly into medical devices, we’re empowering a new era of neural interfaces that are not only more powerful but also less invasive. This marks a transformative shift in neurological care.”

“Millions of patients with neurological disorders face limited treatment options,” said Dorian Haci, CEO and co-founder of MintNeuro. “Our goal is to bridge that gap with safer, more accessible, and effective neural technology. This investment accelerates our chip development and enables us to expand our team of experts, bringing game-changing neural implants to clinicians for the benefit of patients everywhere.”

MintNeuro’s innovative semiconductor solutions have already gained considerable traction through strategic partnerships with leading institutions and medical device companies. Collaborations include the NIHR-funded DREAM project with Imperial College London and King’s College London and Hospital, targeting development of a breakthrough device for epilepsy monitoring, with a first-in-human study planned for next year. Additionally, MintNeuro’s partnership with Amber Therapeutics, which has recently secured $100 million in funding, is focused on developing a neuromodulation therapy chipset through an Innovate UK Smart grant. This technology initially targets mixed urinary incontinence, with the potential for future applications of the MintNeuro chipset in conditions such as Parkinson’s disease, dementia, and depression.

“MintNeuro is uniquely addressing the core limitations of neural implants with a semiconductor-based approach,” said Johnathan Matlock, General Partner at Empirical Ventures. “We are excited about the market opportunity and the potential of entrepreneurial scientists like Dorian and Tim to drive forward the next generation of neural implants.”

The global neural implant market is experiencing rapid growth, with rising interest from major healthcare and technology players. Recent Morgan Stanley research estimates that, in the US alone, the Total Addressable Market (TAM) for brain-computer interface (BCI) technologies could span almost 10 million patient candidates – seeking optimised treatment options for health conditions ranging from multiple sclerosis to strokes – and total around $400 billion in potential revenue from initial implant procedures.

Martin Glen, Investment Director at Parkwalk Advisors, added: “MintNeuro’s innovative technology has the potential to change the lives of millions of patients suffering from a diverse range of neurological conditions. Its accessible, adaptable solution represents a major advancement in treatment options, and we’re extremely excited to be supporting the team in its journey to revolutionise neurological care.”

Notes to editors

About MintNeuro (www.mintneuro.com)

Founded as a spinout from Imperial College London, MintNeuro leads in advanced semiconductor technology for neural implants. With strong roots in world-class academic research and a dedication to innovation, the company boasts a robust portfolio of intellectual property underpinning its groundbreaking solutions. MintNeuro’s proprietary chip technology tackles core challenges in neurology with scalable, low-power solutions that enhance the efficiency and accessibility of implantable devices. Strategic partnerships with leading institutions and medical device companies place MintNeuro at the forefront of adaptable systems addressing a range of neurological conditions, including epilepsy, movement disorders, and cognitive dysfunctions. For more information, visit our website.

About Empirical Ventures (www.empiricalventures.vc)

Empirical Ventures leads pre-seed and seed rounds for deep science startups that are creating century-defining technologies. The team are looking for exceptional science-led startups that are using the latest technological advances to solve some of the most pressing challenges facing society and our planet. Empirical fills a key need in the DeepTech landscape in the UK by leading due diligence on deep science startups, helping to de-risk early-stage investments for their investors and co-investors. Empirical Ventures operates as an appointed representative of SFC Capital Partners. For more information about Empirical Ventures and its mission, please visit our website.

About Parkwalk (www.parkwalkadvisors.com)

Parkwalk is the largest growth EIS fund manager, backing world-changing technologies emerging from the UK’s leading universities and research institutions. With £500m of assets under management, it has invested in over 180 companies across its award-winning Parkwalk Opportunities and Knowledge Intensive EIS Funds, as well as the enterprise and innovation funds Parkwalk manages for the Universities of Cambridge, Oxford, Bristol and Imperial College. Parkwalk invests in businesses creating solutions to real-world challenges, with IP-protected innovations, across a range of sectors including life sciences, AI, quantum computing, advanced materials, genomics, cleantech, future of mobility, medtech and big data. For more information, please go to our website.

About Plug and Play (www.plugandplaytechcenter.com)

Plug and Play is the leading innovation platform connecting startups, corporations, venture capital firms, universities, and government agencies. Headquartered in Silicon Valley, we’re present in 60+ locations across 5 continents. We offer corporate innovation programs and help our corporate partners in every stage of their innovation journey, from education to execution. We also organize startup acceleration programs and have built an in-house VC to drive innovation across multiple industries where we’ve invested in hundreds of successful companies including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi. For more information, visit our website.

About Excellis Holding (www.excellis.it)

Excellis is a private holding that invests in early-stage deep-tech companies founded or co-founded by exceptional Italian expatriate researchers, recognized for their expertise and contributions to their fields.

Press contacts:

EvokedSet PR for MintNeuro
nicky@evokedset.com
+44 (0)118 328 2916

View original content:https://www.prnewswire.co.uk/news-releases/mintneuro-secures-1m-investment-to-advance-transformative-semiconductor-technology-for-neural-implants-302301653.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

“Bleach: Brave Souls” Anime Broadcast Celebration Special: Christmas Zenith Summons: White Night to Begin Soon with Retsu, Nemu, and Others as New 5 Star Characters

Published

on

By

TOKYO, Nov. 27, 2024 /PRNewswire/ — KLab Inc., a leader in online mobile games, announced that its hit 3D action game Bleach: Brave Souls will be holding the Anime Broadcast Celebration Special: Christmas Zenith Summons: White Night from November 30. See the original press release (https://www.klab.com/en/press/) for more information.

Anime Broadcast Celebration Special: Christmas Zenith Summons: White Night

Event Period: Saturday, November 30 16:00 to Sunday, December 15 15:59 (JST/UTC+9)

A Summons will be held featuring Christmas 2024 versions of Retsu Unohana, Nemu Kurotsuchi, and Isane Kotetsu.

The draw rate for 5 Star characters in this Summons is 6%.
One 5 Star character is guaranteed every five Steps of the x10 Summons except for Step 25 and Step 50.
On Steps 25 and 50, players will be given Tickets to receive a 5 Star character of their choosing.

https://youtu.be/MN7CTyWHPho

Free Thousand-Year Blood War Summons

Event Period: Saturday, November 30 16:00 to Tuesday, December 31 15:59 (JST/UTC+9)

Don’t miss out on a special one-time Summons that guarantees a 5 Star Thousand-Year Blood War character.

Free Seasonal Brave Souls Summons

Event Period: Saturday, November 30 16:00 to Thursday, December 19 15:59 (JST/UTC+9)

One free x10 Summons every day for up to ten days.

Santa’s Helpers Campaign

Campaign Period: Saturday, November 30 16:00 to Sunday, December 15 23:59 (JST/UTC+9)

All participants in this campaign will receive digital Christmas cards.

Plus, an additional 50 winners will also be selected to receive a Brave Souls original greeting card set.

How to Enter
1. Follow the Bleach: Brave Souls official X account (@Bleachbrs_en).
2. Post with a character you have selected to help from the campaign post.

Please check the Brave Souls official X account or the news on the Brave Souls official website for more details.

BLEACH Soul Puzzle Update Campaign

To celebrate the addition of Support Characters to BLEACH Soul Puzzle, players will be given presents alongside Support Items in a special login bonus.

Please check the BLEACH Soul Puzzle in-game news or the official X account (@BLEACHPuzzle_en) for more details.

*Please note that campaign contents and the campaign period are subject to change without notice.
*Please check the in-game news for further details.

Overview of Bleach: Brave Souls

Platform:                                  iOS /Android™/PC/PS4™/Nintendo Switch/Xbox One
Genre:                                      3D Action
Price:                                        Free-to-play (In-game purchases available)
Official Website:                      https://www.bleach-bravesouls.com/en/
Official X Account:                  @bleachbrs_en
Official Facebook Page:         https://www.facebook.com/BleachBS.en
Official YouTube Channel:      https://www.youtube.com/channel/UC1QJ4uNQeijEx0jlo4nqauA
Official Instagram:                   @bleachbravesouls_official
Official Discord:                       https://discord.com/invite/bleachbravesouls
Official TikTok:                         https://www.tiktok.com/@bleachbrs_en_official
Copyright:                                 © Tite Kubo/Shueisha, TV TOKYO, dentsu, Pierrot     
                                                   © KLabGames

Download Here:

App Store: https://itunes.apple.com/app/id1003168863
Google Play: https://play.google.com/store/apps/details?id=com.klab.bleach
Steam: https://store.steampowered.com/app/1201240/BLEACH_Brave_Souls
PlayStation Store: https://store.playstation.com/concept/10002097
Nintendo eShop: https://nintendo.com/us/store/products/bleach-brave-souls-switch
Xbox Store: https://www.xbox.com/games/store/bleach-brave-souls/9nnrnx65nknb

View original content to download multimedia:https://www.prnewswire.com/news-releases/bleach-brave-souls-anime-broadcast-celebration-special-christmas-zenith-summons-white-night-to-begin-soon-with-retsu-nemu-and-others-as-new-5-star-characters-302317174.html

SOURCE KLab Inc.

Continue Reading

Technology

Maran Timber Sdn. Bhd. Pioneers EUDR-Compliant Shipments from Malaysia to Europe

Published

on

By

Image link:
https://drive.google.com/file/d/1oVhRggdwfKYbMWyEHqtQNvdYnoCeLhaZ/view?usp=drive_link 

KUALA LUMPUR, Malaysia, Nov. 27, 2024 /PRNewswire/ — Maran Timber Sdn. Bhd., a leading Malaysian timber exporter, has become the first company in the country to achieve European Union Deforestation Regulation (EUDR) compliance using the cutting-edge Proteus platform from #dltledgers, a Singapore-based digital supply chain solutions provider. This milestone marks a significant advancement for the Malaysian timber industry, enabling seamless, transparent, and compliant shipments to the European Union (EU).

The EUDR, which came into force in June 2023, aims to curb global deforestation by regulating commodities that contribute to environmental degradation. As part of its commitment to sustainability and responsible forestry, Maran Timber is leveraging the multi-party Proteus framework to ensure the traceability of its timber exports, demonstrating compliance with the strict EU regulations. The platform offers real-time auditability and immutable record-keeping, ensuring transparency and accountability from upstream forestry activities to downstream manufacturing and shipment processes.

With over 60 years of experience, Maran Timber is no stranger to innovation, but this latest partnership with #dltledgers marks a pivotal shift towards digitalization and enhanced collaboration across its supply chain. The Proteus platform integrates advanced technologies such as blockchain and AI to streamline multi-party transactions, from raw material sourcing to regulatory submissions. This ensures not only compliance but also increased efficiency and sustainability in every shipment.

“We are proud to be the first timber company in Malaysia to implement EUDR-compliant shipments using #dltledgers’ Proteus framework. This partnership is a game-changer for us, allowing us to meet the stringent demands of the EU market while supporting our sustainability goals,” said Mr. Kay Yip Ng, CEO of Maran Timber Sdn. Bhd. “This collaboration aligns with our vision to build a digitalized ecosystem and further strengthens our commitment to sustainability across the entire supply chain.”

“Proetus is a game changing multi-party collaboration platform for global Compliance and sustainability, with industry specific models for faster customer journey towards a circular economy. We work with multiple industries across the globe; EUDR compliance and submission are deployed at rapid speed, authenticated at real time for compliant exports” said Mr. Samir Neji, CEO of #dltledgers. “We are ecstatic to support the Malaysian Timber Industry. Maran Timber paves the way for further leadership and collaboration across the industry, driving compliance, sustainability, and innovation.”

About Maran Timber Sdn. Bhd.

Maran Timber, formerly known as Maran Road Sawmill, is a premier fully integrated Maran Timber, a prominent timber company in Malaysia, focuses on producing high-quality timber products while maintaining strong commitments to sustainability and responsible practices. The company operates an FSC-certified forest concession under Asrama Raya, a sawmill in Terengganu, and an integrated timber manufacturing facility in Pahang.

Maran Timber offers a range of engineered timber products, including kiln-dried lumber, laminated scantlings, fascia boards, and Noawood, a thermally modified wood product derived from Malaysian tropical timber, designed for enhanced durability and stability. The company remains dedicated to sustainable forest management and adhering to ESG principles, ensuring a balance between business growth and environmental responsibility.

About #dltledgers

#dltledgers is a global multi-party collaboration platform offering state of the art solution in Multi-tier supply chain, Sustainability, Compliance and Digital finance.

Global businesses face significant multi-party collaboration challenges and there is a pressing need for enabling inter-enterprise data-sharing processes. Organizations across diverse geographies often struggle with incompatible technologies. #dltledgers offers clarity through the seamless virtualization of invisible data points across the value chain.

Our flagship product, Proteus, enhances collaboration and authenticity, leveraging advanced virtualization technologies in Gen AI, Blockchain and Web3 frameworks to streamline data sharing, improve visibility and ensure global compliance.

View original content:https://www.prnewswire.com/apac/news-releases/maran-timber-sdn-bhd-pioneers-eudr-compliant-shipments-from-malaysia-to-europe-302317295.html

SOURCE dltledgers

Continue Reading

Technology

Daikin Selects IPfolio from Clarivate

Published

on

By

Enhancing operational efficiency for leading air conditioner manufacturer

LONDON, Nov. 27, 2024 /PRNewswire/ — Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, announced today that Daikin Industries, Ltd. (Daikin) has selected IPfolio™ from Clarivate. The leading air conditioner manufacturer will utilize this solution to optimize its intellectual property (IP) assets, enabling more confident strategic decision-making and sustainable growth.

IPfolio will support Daikin’s IP teams in maximizing operational efficiency, keeping pace with increasing IP filing and data volumes, and eliminating manual processes. As an easily configurable solution, IPfolio will help Daikin meet its unique needs for managing its IP assets. In the future, Daikin will also use IPfolio for its global offices to facilitate collaboration through connected services and integrations.

Glen Nath, Senior Vice President, Intellectual Property, Clarivate, said: “We are very proud to provide our IP management solution to Daikin to help them transform their IP management. Our IPfolio supports Daikin to efficiently manage its IP assets with maximum control and minimal effort, giving its business a competitive edge.”

Gordon Samson, President, Intellectual Property, Clarivate, said: “This is another great example of how we connect our clients to leading solutions to ensure an IP-empowered future. We are confident that our powerful and flexible cloud-based solution will empower clients to make strategic IP decisions with greater confidence and efficiency.”

Mr. Takeo Abe, General Manager of Intellectual Property Department at Daikin, said, “As the Intellectual Property Division is transforming into a creative division, we have decided on Clarivate as a partner to build a new system to optimize and innovate our IP operations. We believe IPfolio is the best system to achieve our goals with its high flexibility and diverse features.”

About Clarivate 
Clarivate™ is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com

Media Contact:
Jack Wan, Director, External Communications
newsroom@clarivate.com 

SOURCE Clarivate Plc

Continue Reading

Trending