Bearmind, the EPFL Spinoff developing in-built helmet sensors and software for brain injury prevention and cognitive performance monitoring in sports, has obtained additional funding from a North American venture capital firm. The startup is now well-positioned to bring its solution to new markets.
LangLeven Group, a Montreal-based Sports tech VC with a remarkable track record in the Sports industry, has invested in Lausanne-based startup Bearmind, bringing the startup’s seed round to two million Swiss francs. The startup will benefit from its strategic collaboration with LangLeven to grow beyond Switzerland. Existing investor AVANTECA Partners AG has also invested in the round to help Bearmind bring its solution to the next level.
The startup was founded in 2021 with the aim of addressing the issue of undetected concussions in helmet sports with in-built helmet sensors and software. With a proprietary Head-Impact Monitoring System and Risk Assessment Method, the solution provides real-time concussion risk assessments to help teams and their staff proactively manage the risk of brain injuries. Furthermore, customers such as professional ice hockey clubs will be able to reduce their insurance costs and optimise their players’ performances.
The first product, which combines helmet-integrated sensors and an analysis platform, is currently in the beta phase and used by Swiss National League clubs.
(Press release)
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