Wearable device for Parkinson’s disease raises $10m in funding

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Author: Sarah McGrathPublished: 25 November 2021

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UK-based tech company Charco Neurotech has secured $10 million in seed investment funding to support the launch of a non-invasive wearable device designed for people with Parkinson’s disease.

CUE¹ is a circular device worn on the sternum, which is designed to help alleviate Parkinson’s symptoms through specialised vibrations that are personalised for each patient.

The investment round, which was co-led by venture capital company Amadeus Capital Partners and growth fund managers Parkwalk Advisors, is the largest European seed financing in 2021 for a heath technology device – and the sixth largest globally.

Lucy Jung, co-founder and CEO of Charco Neurotech, said: “This funding will enable us to proceed with our first, limited launch, while we work to ensure our manufacturing line is robust and produces consistent high quality devices.”

Charco also recently announced a new partnership with Parkinson’s Europe, to help increase the availability of Charco’s solutions for people with Parkinson’s around the world.

Find out more about the wearable medical device for Parkinson’s disease.

For more information about Parkinson’s disease therapies, please visit Parkinson’s Europe website.

New wearable medical device for Parkinson’s disease to launch this year

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Wearable device for Parkinson’s disease raises $10m in funding

News

Author: Sarah McGrathPublished: 25 November 2021

Prep: Cook: Serves:

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Deep Brain Stimulation for Parkinson’s disease just got smarter

Study finds just six minutes of daily exercise might delay onset of Parkinson’s disease

Machine learning may help predict risk of freezing of gait in Parkinson’s disease

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Wearable device for Parkinson’s disease raises $10m in funding

News

Author: Sarah McGrathPublished: 25 November 2021

Last Month

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Share this story

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Resources & Tools

Five more apps for people with Parkinson’s

Advances

Could a wearable device help ease Parkinson’s disease symptoms?

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Advances

Deep Brain Stimulation for Parkinson’s disease just got smarter

Study finds just six minutes of daily exercise might delay onset of Parkinson’s disease

Machine learning may help predict risk of freezing of gait in Parkinson’s disease

Long-term exposure to air pollution could impact Parkinson’s disease mortality risk

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