VR technology helps brain health, Virtuleap successfully received US$2.5 million in financing

(Nweon December 18, 2023) Virtuleap, a startup company focused on using VR to improve brain health, recently announced that it has received US$2.5 million in financing provided by GED Ventures. Using the funding, the team plans to continue to refine Enhance VR and improve brain health through the power of virtual reality and artificial intelligence.

Virtuleap has developed a series of virtual reality games designed to assess and improve various cognitive abilities. These games include things like memory, attention, motor control skills, and spatial orientation. The company says that by collecting data on a single platform, VR-based solutions can provide essential clinical findings for brain health screening and analysis

The Enhance VR project developed by Virtuleap aims to provide everyone with an accessible brain gym and is intended to be a treatment for learning challenges such as ADHD and other cognitive disabilities. Related exercises are divided into seven cognitive categories: memory, attention, information processing, mental flexibility, problem solving, motor control and spatial orientation.

The company is also developing a second product, Cogniclear VR, and plans to launch it in 2024. It is a virtual reality-based cognitive screening tool that aims to detect cognitive impairment at an early stage, allowing early intervention to improve health outcomes in cognitive diseases such as Alzheimer's disease.

Virtuleap said in a statement: “In the coming cognitive crisis, this investment allows us to accelerate the development and commercialization of cutting-edge virtual reality cognitive solutions. Our company is working to leverage psychometric physics and massive datasets of physiological data (250K data points every 3 minutes) to create artificial intelligence learning algorithms to potentially link cognitive performance to mental health."

GED Ventures commented: “The investment in Virtuleap reflects the company’s strategic approach to investing in technologies that have a positive impact on people’s lives, especially health. We are committed to providing everyone with access to new mental health technologies. Times pave the way.”

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