Berlin-based investor bets big on Humm, a wearable that can boost your memory and focus – Silicon Canals

Emerging technologies are contributing towards new developments in various branches of science, be it drug discovery or faster disease detection. The field of neuroscience is also reaping the benefits of modern technology as a graduate of the Berkeley SkyDeck accelerator program, Humm, has created a new device that claims to improve your working memory.

Take a look at winners of EIT Digital Challenge 2019.

Back in April, a study published in the scientific journal Nature Neuroscience found some fascinating results. Under the study, a mild electric stimulation was applied to 70 year old participants and their performance in certain memory tasks was noted to be on par with 20-year-olds. It was conducted by researchers from Boston University.

Drawing from over 30 years of research in the field of neuroscience research, Humm created a device that applies a mild electrical stimulation to help stimulate the brain and improve memory. The startup has now raised 2.3 million in seed round that was led by the Berlin-based investor Blueyard Capital.

With the latest round of funding, Humms total disclosed funding amount is 2.7 million. As mentioned above, it secured 2.3 million in its latest round of funding, which was led by the Berlin-based investor Blueyard Capital. CRCM Venture Capital and the Berkeley SkyDeck Fund participated with additional funding.

Humm will utilise latest funding to launch its first product, a wearable patch and a companion software app. The patch is called humm and it is clinically proven to help improve working memory by applying gentle stimulation to the brains attention and learning center. The device uses transcranial alternating current stimulation (tACS) to boost the power of theta waves produced in our brain that is touted to restore information flow and improve the ability to recall. The product is slated to hit the market in 2020.

Humm stimulates activity in the prefrontal cortex of your brain, which is linked to enable essential cognitive functions such as learning, decision making and problem solving. The company says that one will need to use the device for merely 15 minutes and they will get a mental boost for up to 90 minutes. Humm users can expect better recollection of learned material, better focus and multitasking, without the ill-effects arising from chemical stimulants like coffee.

Main image credits: Delivery Hero

Stay tuned toSilicon Canalsfor more European technology news

Here is the original post:
Berlin-based investor bets big on Humm, a wearable that can boost your memory and focus - Silicon Canals

Related Posts