Posted on April 4, 2018 by staff

Dementia app MindMate secures $2m funding


Dementia app MindMate has secured $2 million funding, mainly from US investors.

The app, used by more than half a million people, includes games, workouts, recipes and old TV and music to stimulate users suffering from Alzheimer’s disease, dementia, brain injury and other forms of cognitive decline.

It was developed by graduates of the University of Glasgow and Strathclyde University.

“Conditions like Alzheimer’s and dementia affect so many of us, not only the sufferers but family, friends and the support systems around those living with the condition,” said MindMate chief executive Susanne Mitschke.

“We are on track to develop a product, build a community and bring people closer together with the research and industry players that can make a lasting difference to how we manage these conditions in the years ahead.”

The funding comes from US-based LaunchCapital, Telegraph Hill Capital, Mucker Capital, Luma Launch and PLG Ventures, as well as London-based Potential VC .

In 2016 Glasgow-based MindMate, which also has a base in Los Angeles, joined the Techstars accelerator programme in New York City.