Healthcare

MindMaze

Company Profile Analysis

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MindMaze - Healthcare showcase

Year Founded & Workforce

2011-12-31

200 Employees

Industry

Healthcare

Services

M

MindMaze Overview

Company Headquarters: Lausanne, Switzerland

Founded: 2012

Workforce: ~200

Company Working: MindMaze is a global leader in digital neuro-therapeutics (DTx) solutions dedicated to accelerating the brain's ability to recover, learn, and adapt. It is a medical device company that specializes in neurorehabilitation, virtual reality, brain imaging, neurotechnology, 3D technology, neural prediction, brain computer interface, and engineering. It works at the intersection of neuroscience, bio-sensing, engineering, mixed reality, and artificial intelligence. Its healthcare division is addressing some of neurology's most difficult problems, such as stroke, Alzheimer's disease, and Parkinson's disease, by developing a universal platform for brain health and recovery and novel digital therapeutic interventions. MindMaze's ground-breaking FDA-cleared and CE-marked neuro-digital therapeutics help patients recover from a wide range of critical neurological conditions.

It is Switzerland's first unicorn, with offices in Lausanne, Baltimore, London, Paris, and Mumbai.

Strategy

MindMaze's mission is to improve the lives of patients worldwide by developing novel digital therapeutic products for the treatment of serious neurological conditions. Its mission is to lead a neuro-focused digital health platform that addresses full-body motor and cognitive challenges associated with key neurological conditions. It believes that the demands of a rapidly aging global population make its proprietary, time-tested solutions more important than ever. It is well-positioned to dramatically improve care for millions of patients with funding and acquisition. Through this, it will be able to scale quickly.

Company Snapshot

200

Employees

2011-12-31

Founded

Lausanne, Switzerland

Headquarters

SWOT Analysis

Strengths

  • Innovative neurorehabilitation products
  • In partnership with McLaren Racing
  • Evidence-driven therapy and assessment portfolio
  • Its healthcare solutions have benefited over 10,000 patients

Weaknesses

  • Limited product line
  • High dependency on developed markets
  • Low funding for new technology

Opportunities

  • Increasing funding for research and development
  • Expansion through strategic acquisitions
  • Acquisitions and mergers
  • Commercially available digital therapeutics

Threats

  • Changing competitive landscape
  • Intense competition
  • Changing customer preference

Key Developments

DateApproachDevelopment
November 2018AcquisitionMindMaze acquired Neuro Motor Innovations Corporation (NMI), headquartered in the US. This acquisition is expected to help MindMaze develop & commercialize NMI's technology that targets the treatment of a wide range of neurological diseases and injuries.
May 2018Product ClearanceThe US Food and Drug Administration (FDA) has granted clearance to MindMotion GO, a portable neurorehabilitation product, for launch in the US.
May 2017Product ClearanceMindMaze received FDA clearance for its MindMotion Pro platform, a motion capture system that can be used in rehabilitation of stroke and traumatic injury patients.
February 2022PartnershipMindMaze secured a USD 105 million financing by Concord Health Partners (US) round to accelerate its global commercial growth plans. It is also accelerating R & D and consolidating the clinical development pipeline of its industry-leading digital therapeutic solutions for various neurological diseases.
October 2021InvestmentMindMaze invested USD 125 million to fuel the expansion of its SaaS-based digital neurotherapeutics platform. AlbaCore Capital Group (UK), one of Europe's leading specialist investors, provided the funding.
November 2018AcquisitionMindMaze acquired Neuro Motor Innovations (US), which aims to significantly advance recovery for patients with neurological diseases and injuries. The acquisition will help to improve cognitive and motor functions and will complement MindMaze's current approach to neurorehabilitation.

Product Offering

  • MindMaze
    • Neurorehabilitation System
    • Brain-Computer Interface Market

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About the Author

Wantstats Research Team

Wantstats' research desk profiles MindMaze as part of our ongoing coverage of the Healthcare sector, drawing on public company data, filings, and market intelligence.

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We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

MindMaze

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