Thursday, June 14, 2018

Bezos Backs Mindstrong Health In $15M Funding

Bezos Expeditions, the venture fund of Amazon founder Jeff Bezos, has backed Silicon Valley-based Mindstrong Health, a developer of technology which monitors brain health through measuring brain function based on a user's interaction with smartphones, as part of a $15M funding round. Mindstrong Health said it raised $15M in a Series B funding, which came from Bezos Expeditions and Decheng Capital, along with prior investors Optum Ventures, ARCH Venture Partners and Foresite Capital. The company said the new funds go to scale the business and advance commercial deployments.