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XCONOMY: Health VR Startup MindMaze Claims Unicorn Status with $100M Raise

MindMaze has a long-term plan to transform medical care using imaging techniques such as virtual reality and augmented reality, and now it has $100 million from investors to explore those possibilities. The startup, based in Lausanne, Switzerland, is making San Francisco its U.S. headquarters, drawn here by the Bay Area’s active virtual reality community and its top research universities. And after its first funding round, announced today, MindMaze has its eye on acquisitions, company founder and CEO Tej Tadi says.

Tadi first trained as an engineer in computer graphics and machine learning, then studied for a PhD in neuroscience at the Swiss Federal Institute of Technology, where he started combining those two fields. He explored the potential of virtual reality and other visual stimulation technologies to help researchers better understand—and influence—the functioning of normal and impaired brains. In 2012 he founded MindMaze, which has started selling hospitals its first treatment tool (pictured above), a virtual reality system designed to convince stroke victims that their rehabilitation exercises will pay off.

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