London-based MedTech CoMind has raised $102.5 million (£76.7m) to advance its non-invasive brain monitoring technology aimed at transforming care for critically ill patients.

The round was led by Plural, the investment firm founded by tech entrepreneurs including Taavet Hinrikus and Ian Hogarth, with participation from Angelini Ventures, LocalGlobe, Octopus Ventures, Crane, Backed VC and Entrepreneurs First.

The funding will be used to complete clinical trials, scale manufacturing and secure regulatory approval for its first product, CoMind One.