BrainsGate
Minimally Invasive Treatment for Central Nervous System Diseases
Startup F Health Tech & Life Sciences Est. 2000
Total Raised
$98.5M
F
Last Round
$14M
6 rounds
Investors
11
11 public
Team
2
11-50 employees
Confidence
99/100
News
6
articles
About
BrainsGate is a medical device company that develops therapies for patients suffering from central nervous system diseases, with a focus on the treatment of acute ischemic stroke. The companys platform technology involves electrical stimulation of the sphenopalatine ganglion, a nerve center known to increase cerebral blood flow. Building on its technology, BrainsGate has developed the Ischemic Stroke System (ISS), in which a miniature electrode is implanted in the roof of the mouth in a minimally invasive bedside procedure performed under local anesthesia and comparable to a dental treatment. In 2008, BrainsGate completed ImPACT-1, a pilot clinical trial for acute ischemic stroke with promising results. In 2011, the company completed a 300-patient RCT pivotal trial that further substantiated the safety and efficacy of its treatment for acute ischemic stroke patients. BrainsGate is currently running the ImpACT-24b, a multinational, randomized, double-blind, sham-controlled pivotal study to assess the safety and efficacy of its treatment for stroke patients in a 24-hour window.
Classification
Sector
Health Tech & Life SciencesMedical DevicesMedical Treatment & Therapeutics
Core Technology
Materials & SubstancesImplants
Target Customer
Healthcare & Life SciencesHealthcareProviders
Business Model
B2B
Tags
medical-devicesneuro-stimulationstrokeneurologyminimally-invasivepatientshealthcare-providerstreatmentsmedical-technologies
Funding & Events
Jul 2002
Seed $4M
Alice Ventures, Pitango VC
Jan 2015
D Round $26M
Elron Ventures
Dec 2020
F Round $14M
BNP Paribas (Lead), Elron Ventures, Spero Biopharma, Medtronic, Pitango VC, Cipio Partners
Aug 2011
C Round $20M
Elron Ventures, Pitango VC
Aug 2008
B Round $27.5M
Johnson & Johnson Innovation, Agate Medical Investments
Aug 2005
A Round $7M
Pitango VC, Shrem, Fudim, Kelner Technologies, Alice Ventures, Elron Ventures, Infinity Group
News (6)
Dec 20, 2021 · www.bioworld.com
growth-negative
Low U.S. enrollment helped drive negative FDA panel outcome for Brainsgate
Customers
Dec 6, 2020 · en.globes.co.il
growth-positive
Elron medical device portfolio co Brainsgate raises $14m
InvestmentExpand
Oct 21, 2018 · en.globes.co.il
growth-negative
BrainsGate narrowly misses trial endpoint
Customers
Jan 25, 2015 · www.globes.co.il
growth-positive
CNS treatment co BrainsGate raising $26m
Investment
Aug 16, 2011 · en.globes.co.il
growth-positive
Stroke treatment device co BrainsGate raises $20m
Investment
Jul 15, 2002 · www.thepharmaletter.com
growth-positive
BrainsGate raises $4M from financing
Investment
Details
Product Stage
Clinical Trial
Employees
11-50
Exact Count
19
District
Center District
Founded
2000
Registrar
512988338
Crunchbase
brainsgate
Locations
Rotem HaMidbar Street 4, Caesarea, Israel
Links
Website
LinkedIn
Admin
Last Update
Jul 17, 2025
Verified by
Sharon Shapira
Claimed
Yes
Missing
markets
Team (2)
Avinoam Dayan
CEO
Noam Levy
CFO
Internal
Created by
Rebecca Mack (rebeccamack26@gmail.com)
Created
2014-07-24T00:00:00.000Z
Last editor
Yanina Wainscheinker (yanina.wain@gmail.com)