Switzerland’s MindMaze gets $100M to bring virtual reality therapy for stroke patients to US

MindMaze, a Swiss company that uses virtual reality to help stroke victims through their recovery, has raised $100 million in funding to bring its product to the United States. The Hinduja Group, a global conglomerate that has invested since the company’s early stages, led the round.

The company’s software uses optical motion tracking, similar in form factor to the Microsoft Kinect. For stroke victims who have lost the use of the left hand but retain the use of the right, for instance, the computer will project a virtual reality depiction of the nonfunctional left hand, which is controlled by the patient’s movement of the working right hand. This can trick the brain into kickstarting the functionality of the other hand.

“MindMaze’s next-generation human-machine interface is already proving itself in healthcare, games, and its potential for applications in transportation, defense and various types of media are now ready to be truly explored,” a Hinduja Group spokesperson said in a statement. “We are excited to help MindMaze build on its achievements, while seeing that both current and future partners have their collective visions realized.”

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