Advertisement

Picture BioM Forum Translational Medicine 2018 Würzburg Germany iito 600x60px
Document › Details

Brainshake Ltd.. (10/3/16). "Press Release: Blood Analysis Company Brainshake Closes Funding of €2M Three Months after First Round". Helsinki & Santa Clara, CA.

Organisations Organisation Brainshake Ltd. (FI)
  Organisation 2 TJP Consulting (FI)
Products Product NMR spectroscopy
  Product 2 metabolomic services
Index terms Index term Brainshake–SEVERAL: investment, 201610 financing round Series B €2m
  Index term 2 Brainshake–SEVERAL: investment, 201607 financing round Series A €3.5m led by Cor Group + incl Tekes + Nordea + Finnvera
     


Finnish Brainshake has raised €2 million in Series B funding. The company closed €3.5 million Series A funding in July. Combined total funding for the company during the past two years aggregates now to 7.5 million euros. The collected equity will be utilized to advance regulatory approval and internationalization of Brainshake’s blood analysis service.

Brainshake’s blood analysis service provides more than 220 biomarkers from a single blood sample – 50 times more than commonly used laboratory methods. Biomarkers reflect the health state of an individual and enables predicting disease risk for chronic diseases. As a part of the 2 million-euro investment, TJP Consulting, a Finnish growth company accelerator, joins Brainshake as a strategic partner in building the company’s global operations.

“The disruptive power of Brainshake’s technology relies in extensive scientific background and scalability allowing the blood analysis to be used in routine healthcare. It’s a great opportunity to join Brainshake’s team in building the company’s global operations. Brainshake has a unique position to disrupt routine blood sample analysis globally in chronic diseases, such as diabetes and CVD”, says Tuomas Poskiparta , Chairman, TJP Consulting.

The lead investor of Brainshake’s Round A, Finnish growth venture Cor Group, also participated in Round B strengthening their role as a shareholder and long-term strategic partner. Brainshake is also a member of one of the world’s biggest health-focused start-up accelerators StartUp Health.

Brainshake’s blood analysis, backed up by 100 peer-reviewed scientific publications, is already in use at leading universities globally.

“Our technology has been proven by peer-reviewed science and the epidemiological studies show the power of our data in risk assessment of chronic diseases. Now we are bringing the technology to routine healthcare with the ultimate target to enable prevention of the world’s number one health problem”, says Teemu Suna , CEO, Brainshake.

Helsinki-based Brainshake has 15 employees in Finland.


Further information:

Teemu Suna, CEO, Brainshake, tel. +358 40 196 1669, teemu.suna@brainshake.fi


About Brainshake

Brainshake Ltd. is a blood analysis company redesigning global healthcare through the power of metabolic profiling. With technology backed up by 100 peer-reviewed biomedical publications, Brainshake provides disruptive blood analysis service to advance precision medicine in chronic diseases. For more information please visit www.brainshake.fi.


Contacts

Kristiina Tolvanen
Content Manager

Teknobulevardi 3-5
01530 Vantaa, FINLAND
+358 40 755 2468
http://www.brainshake.fi
kristiina.tolvanen@brainshake.fi

   
Record changed: 2016-10-20

Advertisement

Picture Fairtec GmbH We Optimise the ROI of Your Event 600x60px

More documents for Brainshake Ltd. (FI)


To subscribe to our free, monthly mass spectrometry newsletter, please send an e-mail to info@iito.de and simply fill the subject line with the word »MSC Newsletter«

To get even more information, please take a look at our [gs] professional services offering and read the gene-sensor Product Flyer [PDF file]

Please visit also our web portals for the Eurpean life sciences and the life sciences in German-speaking Europe (DE, AT & CH) at Life-Sciences-Germany.com and Life-Sciences-Europe.com

Advertisement

Picture [LSE] Life-Sciences-Europe.com – The Business Web Portal 600x80px




» top