Find out more about the wearable medical device for Parkinson’s disease.
Wearable device for Parkinson’s disease raises $10m in funding
Author: Sarah McGrathPublished: 25 November 2021
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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 the European Parkinson’s Disease Association (EPDA), to help increase the availability of Charco’s solutions for people with Parkinson’s around the world.
For more information about Parkinson’s disease therapies, please visit the EPDA website.
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