Elemind: Wearable AI offers ‘electric medicine’ via brain stimulation

Elemind: Wearable AI offers ‘electric medicine’ via brain stimulation

A group of scientists, doctors, and entrepreneurs have pulled in $12 million in seed investment for a new noninvasive health wearable powered by artificial intelligence (AI).

Created by health tech company Elemind, the wearable neurotechnology platform uses proprietary algorithms and AI to improve health through brainwave stimulation, offering apparent benefits without the side effects of pharmaceuticals. The first round of seed investment has pulled in $12 million for the program, following multiple studies proving its efficacy, it was announced on Tuesday (Feb.6).

How does Elemind work?

The wearable works by reading individual brainwaves and stimulating them in real-time with responses tailored to the individual, thanks to its AI. This ability for precise guidance of brainwaves offers a more targeted approach than traditional pharmaceuticals, as well as fewer side effects.

“Chemical drugs affect the entire body, often leading to unwanted side effects. Elemind offers a non-chemical, direct, and on-demand solution that learns and dynamically adjusts to each person,” said Meredith Perry, CEO and co-founder of Elemind. “We’re the first and only company able to precisely guide and redirect brainwaves in real-time.”

Elemind has dubbed the approach “electric medicine”, created through partnerships with multiple leading research institutions from the Massachusetts Institute of Technology (MIT), Imperial College London, Harvard Medical School and the University of California at Berkeley. Multiple applications have been adapted for the platform, offering various ways to employ it through wearable technology.

Early clinical trials demonstrate that Elemind’s technology is effective at inducing sleep up to 74% faster, decreasing tremors after just 30 seconds of stimulation, and boosting memory. The team behind Elemind hopes for further future “potential impact across many neurological conditions”.

As a general wellness device, Elemind’s first product is not subject to FDA regulation. Thanks to early investment from Village Global, LDV Partners, and other funds, the company plans to build more wearable adaptations for the neurotech platform.

Featured image: Pexels

Rachael Davis

Freelance Journalist

Rachael Davies
has spent six years reporting on tech and entertainment, writing for publications like the Evening Standard, Huffington Post, Dazed, and more. From niche topics like the latest gaming mods to consumer-faced guides on the latest tech, she puts her MA in Convergent Journalism to work, following avenues guided by a variety of interests. As well as writing, she also has experience in editing as the UK Editor of The Mary Sue , as well as speaking on the important of SEO in journalism at the Student Press Association National Conference. You can find her full portfolio over on Muck Rack or follow her on social media on X.

The post “Elemind: Wearable AI offers ‘electric medicine’ via brain stimulation” by Rachael Davis was published on 02/08/2024 by readwrite.com