Neurotechnology startup Mave Well being has raised $2.1 million (about Rs 18 crore) in a seed funding spherical led by Blume Ventures, because it prepares to increase the launch of its wearable headset in India and the US.
The spherical additionally noticed participation from Inuka Capital, Stanford Angels, Aureolis Ventures, All In Capital, and a gaggle of angel buyers together with Dhaval Shroff, Raymond Russell and founders of Groww. It follows an earlier $750,000 pre-seed elevate in November 2023.
Based in 2023 by Dhawal Jain, Jai Sharma and Aman Kumar, the San Francisco- and Bengaluru-based startup develops non-invasive headsets designed to enhance focus, temper and stress regulation. The machine makes use of transcranial direct present stimulation (tDCS), a know-how studied for over 20 years, to ship low-intensity electrical stimulation to the prefrontal cortex, part of the mind linked to consideration and emotional management.
“The mind is essentially the most complicated system we depend on on daily basis, and trendy life is consistently overloading it,” mentioned Dhawal Jain, co-founder and chief government of Mave Well being. “As an alternative of chasing short-term boosts that include long-term prices, we consider in strengthening the underlying techniques that drive focus, temper, and stress regulation.”
The headset, which weighs about 100 grams, is designed for use for 20 minutes a day throughout routine actions reminiscent of working, studying or meditating. It operates at an depth of 1-2 mA and might last as long as a month on a single cost with common use. A companion cell app permits customers to log periods, personalise utilization and monitor progress, with out amassing mind information.
The startup mentioned the product is accessible for pre-order at $495, with shipments anticipated to start in April 2026. The contemporary funding may even be used to scale manufacturing.
“Most of us solely take into consideration psychological well being when one thing goes mistaken,” Jain mentioned. “We’re giving individuals the flexibility to regain management over their focus, power, and readability to allow them to carry out at their greatest and reside extra totally on daily basis.”