Belfast medtech start-up Neurovalens raises £4.6m for weight-loss headband

Neurovalens, a Belfast-headquartered technology company that has developed a headband which can help users to lose weight, has raised £4.6 million (€5.4m) in a funding round, one of the largest ever generated by an Northern start-up.

The equity raise was led by London-based Wharton Asset Management with long-term backer TechStart Ventures also participating. Other backers included IQ Capital, Beltrae Partners, Co-Fund NI and the Angel CoFund.

Neurovalens was established by Dr Jason McKeown and neuroscientist Paul McGeoch in 2015, and was named as Northern Ireland’s best start-up in the Invest NI Propel Programme awards the same year.

You can read the full story on the Irish Times website here