CAPITAL A PARTNERS INVESTS IN NEUROSPIRE, A GROUNDBREAKING INNOVATOR IN NEUROSCIENCE APPLICATIONS
NeuroSpire aims to treat symptoms of ADHD with its NEURO+ product
CHARLESTON, SC: July 1, 2014 – Capital A Partners has participated in the Series A investment in NeuroSpire, a Durham, NC-based neuroscience technology company. The company has been licensing its neuromarketing software platform to companies in North and South America, Europe, the Middle East and South Africa since its inception in 2010. Its new offering, NEURO+, applies neuroscience combined with gaming to treat children struggling with ADHD.
Past clinical research shows neurofeedback to be as effective as pharmaceutical solutions at treating brain-centered conditions. NeuroSpire’s NEURO+ offering will be one of the first commercially available applications in neuroscience for clinical treatment of ADHD. The company’s application combines neurofeedback with popular gaming platforms to provide clinicians and parents an alternative to pharmaceutical treatments. Future applications of the technology include improving mental readiness in athletes and military personnel, as well as treating anxiety, depression and addiction.
“Applying proven neuroscience technology through gaming to solve one of our society’s most challenging problems in education is core to our excitement about NeuroSpire,” stated David Mendez, General Partner at CAP A. “Replacing pharmaceutical treatments with a more sustainable and equally effective solution in the treatment of these conditions is literally a game changer,” added Mendez.
Jake Stauch, CEO and founder of NeuroSpire, is a former researcher at the Duke University Center for Cognitive Neuroscience. He founded the company in 2010, and was previously awarded grant funding through NC IDEA and the Duke Innovation & Entrepreneurship Initiative, and was awarded prizes from both the ACC Startup Madness and Duke Startup Challenge competitions.
-About Capital A Partners-
Formed in 2013, Capital A Partners invests in post-revenue early stage ventures as well as small operating companies seeking growth capital. General partners are David Mendez, based in Charleston, SC and Tanya Marvin-Horowitz, based between New York, NY and Stockholm, Sweden. For more information, go to www.capitalapartners.com.
Contact for Capital A Partners: David Mendez, General Partner, firstname.lastname@example.org.
Contact for NeuroSpire: Jake Stauch, CEO, email@example.com.